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 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)...
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  • T: 503-309-2290
  • karim@livingroomre.com

Karim Alaeddine

Principal Broker in OR and Manager of Growth & Development

T 503-309-2290

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