tomo logo

$550,000

Beds
4
Baths
1.0
sq ft
2,204

8080 SE 6th Ave, Portland, OR 97202

8080 SE 6th Ave

Portland, OR 97202

  • 126 days on market
Fantastic opportunity! 5000 sq ft lot on the corner of SE 6th Ave and SE Tacoma St - zoned CM2, incredible potential for commercial development in an amazing Sellwood location. Has been a solid rental for several years. Interior has some beautiful features including solid wood trim and doors, updated kitchen, double-paned windows, and fir floors. Detached garage and generous off-street parking. Blocks from the Sellwood bridge, Willamette river, Sellwood park, and shops, retail, restaurants on SE 13th Ave and Tacoma. Great rental investment property, and/or buy now and hold until you're ready to build. Contact agent for builder's packet. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231070]

Details

Property type

Single Family Residence

Est. home value

$632,219

Lot size

5,227 sq ft

Price per sq ft

$250

Year built

1907

Annual property taxes

$3,715.13

Price History

08/05/2024
PortlandOR

PortlandOR #24476800

Listed
$550,000
08/02/2024
PortlandOR

PortlandOR #24476800

Removed
$550,000
07/19/2024
PortlandOR

PortlandOR #24476800

Listed
$550,000
+12.82%

Schools & Community

Neighborhood: 

Sellwood-Moreland

Elementary school: 

Llewellyn

Middle school: 

Sellwood

High school: 

Cleveland

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

Timothy D Mackaness Etal

Loan start date

February 2020

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

3.72%

Loan type

Commercial, 5 year

Seller

James R Sheehan

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
$564,025
4 bd
|
2 ba
|
1,850 sq ft
|
House

1816 SW Miles St, Portland, OR 97219

Price drop
PortlandOR
$495,000
4 bd
|
2.5 ba
|
2,329 sq ft
|
House

7904 SW 14th Ave, Portland, OR 97219

Status: Active

Tomo last checked: 11/21/2024 at 5:45 PM

Listing updated: 09/22/2024 at 1:07 AM

Listed by: Kathryn Kreimer, Windermere Realty Trust Phone #: (503) 233-7777

MLS: PortlandOR #24476800

PortlandOR logo

Recently listed in Portland

$599,500|3 bd|3.0 ba|House
$700,000|4 bd|2.0 ba|House
$1,325,000|5 bd|4.0 ba|House
$475,000|3 bd|2.0 ba|House
$296,000|2 bd|0.5 ba|Condo
$650,000|3 bd|2.0 ba|House
$525,000|3 bd|2.5 ba|Townhouse
$25,000,000|8 bd|13.0 ba|House