Bought with Windermere Realty Trust
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5024 SE CLAY ST Portland, OR 97215
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Key Details
Sold Price $474,900
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Hawthorne/Mt. Tabor
MLS Listing ID 20046538
Sold Date 04/02/21
HOA Y/N No
Annual Tax Amount $4,511
Tax Year 2020
Lot Size 4,791 Sqft
Property Description
Great multi-family development opportunity in upper Hawthorne/Mt. Tabor neighborhood! Zoned RM2 for multifamily. City allows up to 7500 sq ft building with 1.5:1 FAR, could go up to 2.25:1 with bonus. Height can go up to 45'. No parking required. Great location on quiet dead-end street just one block from Hawthorne shopping, dining, and entertainment. WalkScore 85, BikeScore 99! House is a fixer but could be renovated into a rental and then re-developed in the future.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/N false
Garage No
Schools
Elementary Schools Atkinson
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Rehab
Listing Terms Cash, Rehab
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