tomo logo

$725,000

Beds
2
sq ft
3,002

5816 SE Foster Rd, Portland, OR 97206

5816 SE Foster Rd

Portland, OR 97206

  • 185 days on market
Great investment opportunity on this fully leased building in a CE zoned area. The second level boasts a spacious apartment perfect for a potential live-work situation. This great location has a lot of redevelopment potential as well given the flexible and high density CE zoning. Potential to build up to 45 feet tall (buyer to do due diligence).

Details

Property type

Est. home value

$556,941

Lot size

5,227 sq ft

Price per sq ft

$242

Year built

1904

Annual property taxes

$3,828

Price History

05/21/2024
PortlandOR

PortlandOR #24229941

Listed
$725,000
+85.9%
12/18/2015
PortlandOR

PortlandOR #15310302

Sold
$390,000

Schools & Community

Neighborhood: 

Creston-Kenilworth

Elementary school: 

Creston

Middle school: 

Kellogg

High school: 

Franklin

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

Us Bank Na

Loan start date

August 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.91%

Loan type

Commercial, 5 year

Seller

Dan M Puha and Gabriela Puha

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: 11/21/2024 at 5:35 PM

Listing updated: 09/04/2024 at 11:39 AM

Listed by: Alexandru Ianos, Ianos Realty Phone #: (503) 408-9100

MLS: PortlandOR #24229941

PortlandOR logo

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