5024 SE CLAY ST Portland, OR97215

$474,900
5,000 to 6,999 SqFt
Elementary School: Atkinson
Middle School: Mt Tabor
High School: Franklin
Zoning: RM2
1233 days on market

VestorFilter™

Price per acre$4.32M/ac
Time on market1233 days
Smart Fixer ListYes
5024 SE CLAY ST (1 of 9)

Property Description

Great multi-family development opportunity in upper Hawthorne/Mt. Tabor neighborhood! Zoned RM2 for multifamily. City allows up to 7500 sq ft building with 1.5:1 FAR, could go up to 2.25:1 with bonus. Height can go up to 45'. No parking required. Great location on quiet dead-end street just one block from Hawthorne shopping, dining, and entertainment. WalkScore 85, BikeScore 99! House is a fixer but could be renovated into a rental and then re-developed in the future.

{{ compliance-logo }}Listing Provided By Windermere Realty Trust

Financial Data

Date Sold2021-04-02
Sold Price$474,900
Price ChangeIncreased $25,900 on 04/02/2021
Total $25,900 increase
Original Price$449,000
Current Price$474,900
Property Taxes$4,512

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Home Facts

StatusSold
MLS ID20046538
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