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Listed by Mal & Seitz

$900,000

Est. payment - /mo

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3 Beds

1.1 Baths

2,632 SqFt

Active

8809 SE HOLGATE BLVD Portland, OR 97266

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $341

Subdivision Lents Area

MLS Listing ID 440192688

Style Stories2, Craftsman

Bedrooms 3

Full Baths 1

Year Built 1914

Annual Tax Amount $4,786

Tax Year 2024

Lot Size 0.290 Acres

Property Sub-Type Single Family Residence

Property Description

Investor's Dream on Prime Corner Lot – Development Opportunity!Located at the highly visible corner of SE 88th Ave and Holgate Blvd, this rare offering includes three tax lots poised for immediate value-add potential. With Portland's strong emphasis on infill development, a minor lot line adjustment between lots 8 and 9 would yield three 4-plex buildable lots, each approximately 4,236.51 sq ft. Hard to find: three 4-plex lots in a row!The property features two existing curb cuts (Driveway Design Exception required to serve all three lots) and is adjacent to a TriMet bus stop, providing strong connectivity and future tenant appeal. All utilities are available at the street, economizing and streamlining the path to development.The current structure offers flexible use during the entitlement phase: a spacious 2,632 sq ft home across two floors including a 1,016 sq ft basement that is 90% finished. Inside, you'll find three fireplaces, ample living space, and a layout suitable for rental or owner-occupancy with covered parking! Right across the street from Lentz park! Walk your dog, play with your kids, it has it all. The high efficiency forced air gas furnace was recently replaced also, in addition to the roof and paint! Included in the sale is a comprehensive property development packet with a current survey and detailed zoning/land use documentation. Representations regarding development potential have been recently confirmed by Portland's zoning, land use, and transportation departments. Buyers to perform their own due diligence.Held in the same family for three generations, this property is a unique blend of legacy and opportunity. Ask about Incentives & Development Resources for a summary of federal, state, and local housing development programs that may apply to this property.

Location

State OR

County Multnomah

Area _143

Rooms

Basement Full Basement, Partially Finished

Interior

Interior Features Wood Floors

Heating Forced Air

Cooling Air Conditioning Ready

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Builtin Oven, Dishwasher, Free Standing Refrigerator, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance

Exterior

Exterior Feature Yard

Parking Features Carport, Detached

Garage Spaces 1.0

View Park Greenbelt

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Level, On Busline, Public Road

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Harrison Park

Middle Schools Harrison Park

High Schools Grant

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

8809 SE HOLGATE BLVD Portland, OR 97266

Whitney Johnson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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