Bought with Portland Creative Realtors
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8735 SW WASHINGTON DR Portland, OR 97223
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Key Details
Sold Price $372,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 969 sqft
Price per Sqft $383
Subdivision Metzger
MLS Listing ID 24051519
Sold Date 03/15/24
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1942
Annual Tax Amount $2,821
Tax Year 2023
Lot Size 0.380 Acres
Property Description
Builders, Developers, Investors!!! Unlock the development potential of these strategically positioned lots at the corner of a captivating, tree-lined neighborhood, offering a prime canvas for residential expansion. No need to subdivide - already two separate tax lots!! Zoned R-5, the first lot, spanning .18 acres, features a residence, while the second expansive .20-acre lot provides an ideal opportunity for further development of possibly a single residence or maybe multi units, see Washington County for zoning guidelines. Build your dream home or maybe build two! Buyer due diligence is essential. Noteworthy is the historical approval of plans in the 1980s for a home on the second parcel, underscoring the development potential. True value lies in the land only, with no home access. With excellent access to Metzger Park, Fanno Creek Trail, Garden Home Recreational Center, parks, Washington Square Mall, Beaverton, and Downtown Portland, this location is a highly desirable destination. Adding a unique dimension to the opportunities, is the anticipation of a major league baseball stadium potentially to be developed nearby. The private, level lots boast beauty and potential limited only by your imagination.
Location
State OR
County Washington
Area _151
Zoning R-5
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Tool Shed, Yard
Garage Attached
Garage Spaces 1.0
Garage Yes
Building
Lot Description Corner Lot, Private, Trees
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Montclair
Middle Schools Whitford
High Schools Southridge
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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