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$1,300,000

Beds
3
Baths
1.5
sq ft
2,264

909 SW Gaines St, Portland, OR 97239

909 SW Gaines St

Portland, OR 97239

  • 69 days on market
Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. 1.5:1 FAR. increasing to 2.25:1 with bonus provisions, such as affordable housing. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]

Details

Property type

Single Family Residence

Est. home value

$828,857

Lot size

0.34 acres

Price per sq ft

$575

Year built

1904

Annual property taxes

$9,988.51

Price History

09/16/2024
PortlandOR

PortlandOR #24385351

Listed
$1,300,000

Schools & Community

Neighborhood: 

Homestead

Elementary school: 

Ainsworth

Middle school: 

West Sylvan

High school: 

Lincoln

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

Marcel Deets

Loan start date

March 1998

Original loan amount

$198,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

Seller take-back, 10 year

Seller

Edward Shyduik and Dorothy Shyduik

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?

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Status: Active

Tomo last checked: 11/24/2024 at 11:15 AM

Listing updated: 09/18/2024 at 3:28 PM

Listed by: Michael Beirwagen, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 624-9660

MLS: PortlandOR #24385351

PortlandOR logo

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