33 SE 83rd Ave

Portland, OR 97216
  • $780,000

    Price
  • 3

    Bed
  • 3.5

    Bath
  • 2,000

    SqFt
  • 0.12

    Acre

About the Listing BRCR01 - CRISTIAN

Located just off E Burnside Street in Portland’s Montavilla neighborhood, this offering consists of two adjacent parcels totaling approximately 0.22 acres with CM2 (Commercial Mixed-Use 2) zoning. Positioned in one of East Portland’s most established and walkable neighborhoods, the property presents a compelling opportunity to develop high-density multifamily housing in a strong rental submarket with convenient access to neighborhood amenities, transit, and major employment corridors. The offering includes one vacant parcel and one improved parcel containing a 2,624 square foot single-family home built in 1947. The home is currently leased to a month-to-month tenant providing interim income while a developer advances development plans.A full development package has been completed for the property, including architectural plans, a geotechnical report, plumbing plans, survey work, mechanical engineering and a first submission of plans to the city with corrections noted, significantly reducing the upfront time and cost associated with early-stage development. The proposed project consists of a 30-unit apartment building comprised of efficiently designed one- and two-bedroom units tailored to the strong demand for attainable housing in Portland’s close-in eastside neighborhoods. *Square footage and bedroom count need to be verified by buyer.

Listing Highlights for 33 SE 83rd Ave

Status Active
Days on Site 186
Property Type Residential
MLS ® 219390238
Year Built 1947
Total Square Footage 2,000
Lot/Acreage 0.12
County Multnomah
Elementary School Vestal
Middle School Harrison Park
High School Leodis McDaniel

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Roof:
  • Others: Fixer
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $2,195
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R695855
  • Tax Year: N/A

Payment Calculator

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Listing Location

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33 SE 83rd Ave Portland, OR 97216

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Originating MLS: Regional Multiple Listing Service, Inc.

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