Blog Fixer Montavilla Investment Opportunity

Montavilla Investment Opportunity

By Karim Alaeddine, November 9, 2018

Montavilla Investment Opportunity

8921 SE Washington St | Portland, Ore 97216

Offered at $399,900

MLS # 18140139 | House:  3,308 SF | 3 Bedrooms | 3 Baths

Lot:  10,000 SF | Zoning: R2a – Multi-Family 

Montavilla investment & development opportunity. 1914 Fixer Farmhouse-style home with 3,308 sf has vintage charm, original woodwork and built-ins on the main along with living room fireplace, wood floors, breakfast nook, stainless steel kitchen appliances; Many recent updates & hi-ceiling basement for expansion. 10,000SF Lot with R2a zoning allows 5 units per base zoning guidelines. Potential for increased units with future overlay proposal. Buyer to perform due diligence. Development packet available.

For a slideshow of all property photos click HERE

Karim Alaeddine

Principal Broker in OR and Manager of Growth & Development

KARIM ALAEDDINE Licensed Principal Broker Real Estate Life Coach karim@livingroomre.com I grew up in Portland, working in my family’s restaurant (Abou Karim — Portland’s first Lebanese restaurant). Since 2006, I’ve sold old Portland manors and brilliant Belmont condos, modern memory makers and third generation family heirlooms, and have represented nervous and excited first time buyers, community builders, multi unit investors and others; always seeking to fulfill on my commitment to be of maximum service in the realm of real estate. This real estate business is built on a background in home remodeling, historic home restoration, small business ownership and rental property investment. I am very grateful to do the work that I do. Jessica LeDoux | Lead Buyer Agent | Broker Licensed in Oregon | jessica@livingroomre.com  Kim Parmon | Lead Listing Agent | Principal Broker Licensed in Oregon | kim@livingroomre.com Andee Zeigler | Licensed Listing Team Operations Manager | andee@livingroomre.com Jenessa VanZutphen | Buyer Operations Manager | Licensed in Oregon | jenessa@livingroomre.com   
Read More
  • T: 503-309-2290
  • karim@livingroomre.com

You might also enjoy

Unlocking the Dream of Homeownership in Portland: A Comprehensive Guide from Offer to Keys

Will Sing

Embarking on the journey to homeownership in Portland, Oregon, is an exciting endeavor. With its vibrant...

Just Sold: Classic Four-plex near Mississippi District

Melissa Dorman

5435-5447 N MONTANA AVE Portland, OR 97217 Classic Craftsman fourplex walking distance to Mississippi Avenue! Each...

4 Surprising Ways Homeownership Boosts Your Financial Future

Sharon Bloudek

It’s no secret that homeownership is one of the best ways to build wealth. In fact,...

Montavilla Spotlight: Hinterland Empire ☕️

Jené DeSpain

Come for the locally roasted coffee, stay for the locally representative community.  If you are finding...