7303/7305 SE MADISON ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97215
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,768 sqft
Price per Sqft $345
Subdivision Mt. Tabor
MLS Listing ID 531121256
Year Built 1949
Annual Tax Amount $10,826
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
OPEN HOUSE 3/29 11-1 & 3/30 11-1Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north portion of the lots, with additional units up to a 4 plex, or go blank slate and develop fresh. The City of Portland allows for up to 9 individual cottage cluster units using middle housing land division. Developer's package attached. One unit vacant ready for market rent and long term tenants occupy one side. Please do not disturb tenants. Buyer to do their all of their own due-diligence.
Location
State OR
County Multnomah
Area _143
Zoning R5
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Exterior
Garage Spaces 3.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Bridger
Middle Schools Bridger
High Schools Franklin
Others
Acceptable Financing Cash,Conventional,VALoan
Listing Terms Cash,Conventional,VALoan
Virtual Tour https://vimeo.com/1065950814?share=copy