2535 Southeast 89th Avenue

Portland, OR 97266

$1,450,000
Price
16,117 / 0.37
Lot Size / Acres
a view of city with tall buildings
a picture of a room

Description

.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment....37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.
  1. Listed by Michael Susak • Susak Properties LLC
  2. Listed by Harlan Mayer • RealEstatePDX.com

Property Details for 2535 Southeast 89th Avenue

Zoning
CM2
View
Territorial
LISTING UPDATED: 11/06/2024 12:08 PM

Property Details for 2535 Southeast 89th Avenue

StatusActive
MLS #24134893
Days on Market230
Taxes$4,881 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.37 AC
CountyMultnomah County

Building Information for 2535 Southeast 89th Avenue

Lot Size0.37 AC

Property Information for 2535 Southeast 89th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Division to SE 89th, South to address
  • Road Surface: Paved
School Information
  • Elementary School: Clark
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,881.03
  • Parcel Number: R193369
  • Tax Legal Description: JOHNSTON AC, BLOCK 2, LOT 7
Property
Lot Information
  • Acres: 0.37
  • Lot Size Square Feet: 16117.0
  • Current Use: Residential
  • Land Description: Level
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
  • Existing Structures Description: Driveway, Fenced, Garage, Residence

Property History for 2535 Southeast 89th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2535 Southeast 89th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$5,076 ($423 / month)
Home Facts
Beds2Baths1Total Finished SqFt886 SqFtAbove Grade Finished SqFt886 SqFtUnfinished Basement SqFt744 SqFtStories1Lot Size16,200 SqFtStyleSingle Family ResidenceYear Built1926ZoningLR5CountyMULTNOMAHAPN1S2E09BA 08300

Schools near 2535 Southeast 89th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Harrison Park School
Public - K to 8
Leodis V. McDaniel High School
Public - 9 to 12
Creative Science School
Public - K to 8
Benson Polytechnic High School
Public - 9 to 12
Rating
School
Distance
Harrison Park School
PublicK to 8

Leodis V. McDaniel High School
Public9 to 12

Creative Science School
PublicK to 8

Benson Polytechnic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2535 Southeast 89th Avenue, Portland, OR 97266

2535 Southeast 89th Avenue is a 0.37 ac of land for sale in Portland, OR 97266. This property was listed for sale on May 2, 2024 by Susak Properties LLC, it's currently listed at $1,450,000. It has been on the market for a total of 230 days and was last sold on March 14, 2022. This listing's school district is Portland School District 1j. Nearby schools include Harrison Park School, Leodis V. McDaniel High School and Creative Science School. 2535 Southeast 89th Avenue is a 0-bed, 0-bath, 0.37 ac of land on a 16,117 sq. ft. / 0.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Susak Properties LLC; RealEstatePDX.com

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 11/06/2024 12:08 PM