tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
Unknown

8031 NE Glisan St, Portland, OR 97213

8031 NE Glisan St

Portland, OR 97213

  • 14 days on market
Don’t miss your chance to bring your vision to life! This home/property is zoned Portland CE Commercial Employment offering incredible flexibility. Perfect for residence, retail space, office, cafe, boutique, or even light industrial. Portland Maps describes CE zoning as "Specific allowable uses include: retail sales and services, office space, quick vehicle servicing, vehicle repair, self-service storage, household living, institutional uses, and limited manufacturing and other low-impact industrial uses. More info at "https://www.portlandmaps.com/bps/zoning/#/zones/base/CEDesirable Montavilla area on vibrant Glisan Street with other trendy & thriving businesses. Enjoy high visibility with billboard and signage possibilities. This home blends classic old Portland charm with endless business possibilities, located on the bus line, this home has on site and street parking. Unfinished basement with separate entrance offers great potential for additional living space, storage or future business expansion. Easy access to shopping, downtown, I-205, PDX airport, and I-84.Invest in a versatile property in one of Portland’s most sought after commercial corridors.

Details

Property type

Single Family Residence

Est. home value

$492,217

Lot size

3,049 sq ft

Price per sq ft

Unknown

Year built

1907

Annual property taxes

$4,544.4

HOA

No

Price History

02/07/2025
PortlandOR

PortlandOR #399962442

Listed
$425,000
+8.97%
02/01/2025
PortlandOR

PortlandOR #24143249

Removed
$390,000
12/13/2024
PortlandOR

PortlandOR #24143249

Price change
$390,000
-9.3%

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

Negotiation Insights

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

Seller could get up to

$238,026
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$152,974
Cash to seller
$238,026

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

July 2007

Original loan amount

$185,600

Est. remaining balance

$152,974

Interest rate

6.37%

Loan type

Not Provided, 40 year

Seller

Ngoclong Bui Dam

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?

Similar Homes Nearby

Price drop
PortlandOR
$439,000
3 bd
|
1.5 ba
|
House

1625 NE 106th Ave, Portland, OR 97220

PortlandOR
$380,000
3 bd
|
1.5 ba
|
House

3020 SE 90th Pl, Portland, OR 97266

Price drop
PortlandOR
$479,900
3 bd
|
2 ba
|
House

1515 NE 118th Ave, Portland, OR 97220

Status: Active

Tomo last checked: 02/22/2025 at 8:55 AM

Listing updated: 02/11/2025 at 5:12 PM

Listed by: Nicole Olson, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #399962442

PortlandOR logo

Recently listed in Portland

$857,221|5 bd|3.0 ba|House
$1,500,000|3 bd|3.5 ba|House
$875,000|4 bd|2.5 ba|House
$975,000|5 bd|3.5 ba|House
$134,900|2 bd|2.0 ba|Manufactured
$383,000|3 bd|1.0 ba|House
$164,900|3 bd|2.0 ba|Manufactured
$850,000|5 bd|2.5 ba|House
$1,350,000|4 bd|2.0 ba|Condo