5625 SE 83rd AVE, Portland, OR 97266

$349,900
1
BA
616
SqFt

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List Price
$349,900
Days on Market
46
Status
ACTIVE
MLS#
753120845
Bathrooms
1
Living Area
616
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast

Property Description

Unique Southeast Portland Opportunity with Flexible CM3 Zoning!Discover the possibilities with this extensively remodeled 616-square-foot building situated on a 4,000-square-foot lot in a convenient Southeast Portland location with easy access to I-205. Whether you're seeking a live/work environment, creative studio space, or a property with future redevelopment potential, this versatile property offers numerous possibilities.Remodeling began in 2022, with the majority of improvements completed in 2025. Interior upgrades include durable wide-plank luxury vinyl plank flooring, fresh paint, new interior doors and trim, updated bathroom fixtures, LED lighting, and a roof-mounted HVAC system for year-round comfort.The thoughtfully designed interior includes a kitchenette with new cabinetry, quartz countertops, built-in microwave, refrigerator, shower, and an all-in-one washer/dryer unit, providing many of the conveniences desired for day-to-day occupancy.Outside, the spacious yard offers room for outdoor living, gardening, storage, hobbies, or future improvements. Three on-site parking spaces add convenience and functionality.Flexible CM3 zoning allows for a variety of commercial, office, mixed-use, and potential residential redevelopment opportunities. Future development possibilities may include a mixed-use project with residential units above commercial space or redevelopment into a larger structure, subject to City approval. Buyer to verify permitted uses and development potential with the City of Portland.A rare opportunity to acquire a move-in-ready property with modern updates, excellent accessibility, and long-term upside in a growing Southeast Portland locati

Additional Information

Tax Amount
$2,684
Year Built
1986
High School
Franklin
Elementary School
Woodmere
Middle School
Lane
Acres
0.09
Living Area
616
Stories
1
Property Type
Single Family Residence
Lot Size Dimension
4000 SF
Terms
Cash, Conventional
Accessibility Features
Ground Level, One Level
Cooling Description
Central Air, Heat Pump
Fuel Description
Electricity
Heating Description
Heat Pump
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Live Work Unit, Studio
Parking
Off Street, Parking Pad
Parking Description
Off Street, Parking Pad
Road Surface
Paved
Exterior Features
Yard
Interior Features
Luxury Vinyl Plank, Quartz, Washer/Dryer
Kitchen Appliances
Disposal, Free-Standing Refrigerator, Microwave, Quartz, Solid Surface Countertop, Stainless Steel Appliance(s)

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Term of Loan
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Listing courtesy of Realty First.

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