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$375,000

Beds
2
Baths
1.0
sq ft
Unknown

301 NE South Shore Rd, Portland, OR 97211

301 NE South Shore Rd

Portland, OR 97211

  • 1 day on market
DEVELOPER ALERT!!! BUY ONE LOT AND BUILD AN 8+ UNIT COTTAGE CLUSTER! DIVIDE INTO EIGHT SEPARATE LOTS VIA A MIDDLE HOUSING LAND DIVISION AND SELL EACH LOT INDIVIDUALLY WITH NO HOMEOWNER'S ASSOCIATION! OTHER HOUSING TYPES ALLOWED INCLUDE MULTI-DWELLING STRUCTURE, FOURPLEX AND MORE. THIS VERY LARGE LOT IN NE PORTLAND IS PERFECTLY SITUATED TO UTILIZE THE RECENT CHANGES TO PORTLAND'S RESIDENTIAL ZONING CODE. BUYER TO DO THEIR OWN DUE DILIGENCE. INCLUDED ILLUSTRATIONS DEPICT A CONCEPT FOR A 5-UNIT COTTAGE CLUSTER.

Details

Property type

Single Family Residence

Est. home value

$450,819

Property condition

Fixer

Lot size

0.33 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$4,219.26

HOA

No

Price History

03/12/2025
PortlandOR

PortlandOR #744040269

Listed
$375,000
+19.05%
02/28/2023
PortlandOR

PortlandOR #22580358

Sold
$315,000

Schools & Community

Neighborhood: 

East Columbia

Elementary school: 

Faubion

Middle school: 

Faubion

High school: 

Roosevelt

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

Liam Gillies

Loan start date

February 2023

Original loan amount

$157,500

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Purchase Money Mortgage, 3 year

Seller

Liam Gillies

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: 03/14/2025 at 11:35 AM

Listing updated: 03/14/2025 at 1:57 AM

Listed by: Michael Meyer, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #744040269

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