Whether you’re a developer, investor, or someone seeking a primary residence with incredible potential, this property offers a unique chance to create your dream home in one of Portland’s most desirable neighborhoods. Situated on a spacious 0.26-acre lot with RM1 zoning, this property currently features a large existing home, ideal for renovation, expansion, or even multi-family use.Key Features:Existing Home with Potential: The property already includes a generously sized residence, perfect for those who envision transforming it into a custom dream home while keeping the existing structure. With ample square footage, there’s room to create a luxurious living space that meets your every need.Zoning (RM1): For those with a vision for expansion, the RM1 zoning allows flexibility – add an ADU, transform part of the property into a multi-family setup, or simply enjoy the extra space and privacy. Lot Size: At 0.26 acres, the lot provides space for beautiful landscaping, outdoor entertaining areas, or additional structures, allowing you to truly personalize the property.Prime Location: Located in SE Portland, this home offers convenient access to local amenities, schools, parks, and public transit, making it perfect for long-term living or attractive to future tenants. Investment or Personal Potential: The vibrant neighborhood is known for its strong rental market, adding long-term growth potential for those considering multi-family options in the future.Why This Property? Transform Into Your Dream Home: Take advantage of the existing structure to create a custom home with modern touches, while enjoying the spacious layout and room to grow.Flexible Living and Investment Options: The property’s size and zoning open up possibilities for expanding into multi-family living, adding a rental unit, or simply enjoying the space as a large single-family home.
3411 69TH AVE (MLS #24096070) is a bungalow, cottage single family home located in Portland, OR.
This single family home is 2,964 sqft and on a lot of 11,325 sqft (or 0.26 acres) with 4 bedrooms, 2 baths and is 81 years old. This property was listed on 10/10/2024 and has been priced for sale at $649,500.
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Listing information courtesy of: Keller Williams Realty Professionals