5226 SE KNAPP ST Pending

Portland,OR 97206

$ 250000

2 Beds

1 Bath

1099 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $227

MLS Listing ID 24071065

Style Other

Bedrooms 2

Full Baths 1

Year Built 1926

Annual Tax Amount $2,140

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

Cash only. Attention builders, developers, and visionaries! This rare 5,000 sq ft lot in SE Portland’s Brentwood-Darlington neighborhood is the ideal canvas for your next project. Zoned R2.5, the property can be subdivided into two tax lots, perfect for building a single-family home, duplex, triplex, fourplex or ADU on each lot, maximizing income potential. Tear down the existing structure and unlock the full potential of this high-demand area--or get a construction loan and bring this little gem back to life! With many neighboring properties already redeveloped, this is your chance to join the wave of new construction in this rapidly growing community. Brentwood-Darlington is known for its tree-lined streets, green spaces, and blend of classic and modern homes. Enjoy easy access to local cafes, restaurants, and conveniences like New Seasons Market and Safeway. Reed College, just a short drive away, adds an intellectual and cultural touch to the area. Well-connected by public transit, bike lanes, and highways, this location offers easy commutes throughout Portland. Buyer to perform due diligence on subdividing and building options. Don’t miss this incredible opportunity to own prime real estate in a neighborhood undergoing rapid transformation. Be extra careful walking on property.

Location

State OR

County Multnomah

Area _143

Rooms

Basement Unfinished

Interior

Heating Other

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Whitman

Middle Schools Sellwood

High Schools Cleveland

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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