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2914 SE 52nd Ave, Portland, OR 97206
$700,000
2914 SE 52nd Ave, Portland, OR 97206View this property at 2914 SE 52nd Ave, Portland, OR 97206
2914 SE 52nd AvePortlandOR97206
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Property Description
PRICE IMPROVEMENT+ NEW Food Truck Income!This rare mixed-used multi unit commercial residential property is on an ample sized 59' by 100' corner lot zoned CR in the desirable Richmond / South Tabor 3 or more income streams . It is directly on the Clinton/Woodward Greenway bike route next to Franklin High School in a friendly, tight knit tree-lined residential neighborhood. Only a short walk to parks and nearby Division and Powell restaurant and shopping. The front commercial unit is a charming renovated retail space (rented) with a 30'L x 7'6"H glass window store frontage and half bath, great for any retail, professional office or food services. The location has good flow of both vehicle and foot traffic. It also comes with a 500+ sq/ft basement storage space with both interior and exterior access. The recently vacated residential unit consists of 2 bedrooms, living and dining rooms, full bath, in-unit washer/dryer and storage space throughout. The covered patio is perfect for hosting a cookout in any weather, and connects to the spacious upper back yard. A newly renovated coffee window or office studio opens to the expansive lower side yard now hosting a food cart for additional income stream. Don't miss the great redevelopment opportunity associated with this property. It's zoned CR 1:1 FAR, which allows multi-units up to 5,900 sq ft. The property is eligible for residential loan. This is a great income and investment asset. Perfect for a live/work, or to use one unit and rent the other. Recent renovations include store interior, patio, landscaping, paint, basement, fence, coffee window/ office and much more. Conceptual design for future development is included. Walk score 89, Transit score 52, Bike Score 98!!! Businesses are not for sale and the Broker is part owner of the property. Please note 3D walk through is only showing the residential unit.
Full Property Details
Full Property Details for 2914 SE 52nd Ave
General
- Sold For: $700,000
- Taxes: $2,399 (2022)
- Status: Sold
- Type: Multi-Family
- MLS ID: 23347982
- Added to Site: 311 day(s) ago
Rental Information
- Rent Includes: None
Additional Information
- Security/Safety: Security Lights
Parking
- Total Spaces: 4
- Parking Features: Open
Location
- County: Multnomah
- Subdivision: RICHMOND SOUTH TABOR
- Driving Directions: SE 52 ave and Woodword st.
- Dist. to Public Trans.: 0.01 miles
School Information
- Midd School District: Mt Tabor
- Elementary School: Atkinson
- Middle School: Mt Tabor
- High School: Franklin
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: ENERGY STAR Qualified Equipment, Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Exterior Entry, Partial Basement, Storage Space
- Roof: Tar/Gravel
- Stories/Levels: 1
- Square Feet: 1,600
- Year Built: 1915
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, On Busline, Trees
Financial Considerations
- Operating Expenses: $5,000
- Tax Amount: $2,399.47
- Tax Year: 2022
- Terms: Call Listing Agent, Cash, Conventional, FMHA Loan, Owner Will Carry, Trade
Disclosures and Reports
- Property ID: R149327
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Schools
Schools serving 2914 SE 52nd Ave
School District:Portland Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5800 Se Division St, Portland, OR 97206 | K-5 | 0.3 mi | |
5800 Se Ash St, Portland, OR 97215 | 6-8 | 1.4 mi | |
5405 Se Woodward St, Portland, OR 97206 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2914 SE 52nd Ave
Date
Details
Price
Change
Source
5/30/2024
Sold
$700,000
0.29%
MLS
5/02/2024
Price Reduced
$698,000
-6.68%
MLS
9/19/2023
Listed
$748,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2914 SE 52nd Ave, Portland, OR 97206 (MLS# 23347982) is a Multi-Family property that was sold at $700,000 on May 30, 2024. This property was listed by Benjamin Page from our Portland Office.Want to learn more about 2914 SE 52nd Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.