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About This Home
This 5-bedroom, 3-bathroom residential multi family at 7827 N DENVER Ave in Portland, OR is listed for $575,000 ($164 per sqft). Built in 1959, the home offers 3,499 sqft of living space on a 0.12 acres lot.
Outstanding investment and redevelopment opportunity on Denver Ave in North Portland. Seller has obtained fully approved City of Portland plans to convert the existing duplex into a legal four-plex - eliminating months of permitting delays and positioning this project for rapid completion and resale or long-term cash flow.High-value improvements al
ready completed: Oil tank decommissioned, Sewer line repair complete, New exterior paint, Extensive rough-in plumbing started, Full interior demo and debris removal done, several new windows installed. This property is ready for a savvy investor or contractor to take over to complete the rough-in stage and move directly into drywall and finish work.
Ideal for those seeking a shovel-ready project with strong upside potential in a desirable, appreciating area. Approved four-plex plans included with sale. Future buyers may be able to save thousands with City of Portland's SDC waiver program on this project.
Key Features
- Built in 1959
- 0.12 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7827 N DENVER Ave
Portland, OR 97217
ARBOR LODGE
Property Details
Views
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 7827 N DENVER Ave is listed at $575,000 ($164/sqft). The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.12 acre lot, 2 stories.
This property is listed by Jordan Tietz and can be reached at 5039100889 or jordantietz@gmail.com.