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$512,500

Beds
2
Baths
1.0
sq ft
Unknown

17016 E Burnside St, Portland, OR 97233

17016 E Burnside St

Portland, OR 97233

  • 22 days on market
This prime piece of buildable property located on E Burnside Street in Gresham, Oregon, presents an exceptional opportunity for the development of affordable housing. Situated along the bustling E Burnside Street corridor, the property benefits from proximity to key amenities such as shopping centers, schools, parks, and public transportation options. The location provides easy access to major roads, including Highway 26, ensuring a convenient commute to nearby Portland and surrounding areas.With ample square footage, the property offers flexibility in design, allowing developers to create multiple housing units, including duplexes and townhouses. As the Portland metro area continues to experience growth, the demand for affordable housing options in Gresham has surged. This property presents a timely investment, with SC Zoning, addressing a critical need while contributing to the community’s development

Details

Property type

Single Family Residence

Est. home value

$387,940

Lot size

0.3 acres

Price per sq ft

Unknown

Year built

1948

Annual property taxes

$2,224.31

HOA

No

Price History

03/11/2025
PortlandOR

PortlandOR #454757644

Listed
$512,500
+31.43%
02/01/2024
PortlandOR

PortlandOR #23113263

Removed
$389,950
06/23/2023
PortlandOR

PortlandOR #23113263

Listed
$389,950

Schools & Community

Elementary school: 

Other

Middle school: 

H.B. Lee

High school: 

Reynolds

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sunwest Trust Inc

Loan start date

November 2018

Original loan amount

$220,000

Est. remaining balance

Not provided

Interest rate

4.6%

Loan type

Not Provided

Seller

Northwest Investments Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:15 PM

Listing updated: 03/11/2025 at 10:05 AM

Listed by: Amanda Rose, RE/MAX Advantage Group Phone #: (503) 855-3298

MLS: PortlandOR #454757644

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