Blog Stories Montavilla Development Opportunity

Montavilla Development Opportunity

By Karim Alaeddine, August 23, 2018

Montavilla Development Opportunity

8921 SE Washington St | Portland, Ore 97216

Offered at $439,900

MLS # 18140139 | House:  3,308 SF 

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

Montavilla investment & development opportunity. 10,000 sf lot in 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. 1914 Craftsman style home with 3,308 sf has vintage charm, many recent updates & rents easily, for interim income potential during development.

For a slideshow of all property photos click HERE

Karim Alaeddine

Principal Broker | Earth Advantage | OR

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 Sofia Gallamore | Buyer Agent | Licensed in Oregon and Washington | sofi@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

My 2025 Portland Give!Guide Picks: 3 Local Nonprofits Doing Neighborly Work

Lydia Hallay

My Give!Guide Picks This Year Every winter, Willamette Week’s Give!Guide shows up and reminds me how...

Exploring Houseboat Living in Portland, Oregon: Benefits and Drawbacks

Will Sing

Houseboat Living in Portland, Oregon: Is It Right for You? Are you considering houseboat living in...

Just Listed! Fully Renovated Ranch with Modern Style & Smart Design

Laun Silk

5440 NE 35th Avenue Portland, OR 97211 Stunning, fully renovated ranch in the heart of Northeast...

New Price! Investment Opportunity with Long-Term Rental Appeal

Jennifer O'Brien

15648 NE Milton Pl. A & B Portland, OR 97230 A solid performer with lasting tenant appeal...