Portland, OR 97211,605 NE JESSUP ST
Portland, OR 97211,605 NE JESSUP ST
Portland, OR 97211,605 NE JESSUP ST
37
Listed by Opt • 503-908-4908
Bought with Living Room Realty
$410,000
$425,000
3.5%
Est.Price: ?

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3 BD
1.1 BA
2,472 SqFt

605 NE JESSUP ST Portland, OR 97211

Est. payment /mo
SOLD DATE : 02/16/2024

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Key Details

Sold Price $410,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,472 sqft

Price per Sqft $165

MLS Listing ID 24541943

Sold Date 02/16/24

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1904

Annual Tax Amount $2,961

Tax Year 2023

Lot Size 6,969 Sqft

Property Description

Unique Opportunity: Fixer with RM1 Zoning and Potential in a Prime Location! This property offers a distinctive chance for the savvy investor or developer. Situated in a highly desirable location, just off MLK Blvd, this .16-acre lot (approx. 7100 sq ft) is zoned RM1, offering versatile possibilities for multi-unit development, potentially up to 3 stories tall. Built in 1904, the existing house requires renovation or demolition, but the true value lies in the land and its zoning potential. A large shop on the property adds to the possibilities. The location is a highlight, offering easy access to shopping, transportation, parks, restaurants, and more. Whether you're a developer looking to maximize the potential of this RM1 zoned lot or a buyer with a vision to transform this property, this is an incredible opportunity.

Location

State OR

County Multnomah

Area _142

Rooms

Basement Daylight, Unfinished

Interior

Heating None

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Insert

Exterior

Exterior Feature Outbuilding

Parking Features Detached

Garage Spaces 2.0

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Martinl King Jr

Middle Schools Martinl King Jr

High Schools Grant

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Regional Multiple Listing Service (RMLS)

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John Madding

Principal Broker | License ID: 201220304

+1(503) 724-2245

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