5624 Se FRANCIS St, Portland, OR 97206

$425,000 Asking Price

2 beds
2 baths
872  sqft
Built in 1905

Location, location is supreme with this investment development opportunity and desired zoning! Value is in the land! The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturing, and distribution. This zone is for commercial, employment, but residential uses are also allowed. Perfect for a live/work setup. The possibilities are endless. Renderings are examples only of options styles for development. Buyer to complete due diligence with the city for the desired use/development. The owner will carry the contract, and call for terms.


Features & Amenities

Interior

Basement:
Crawl space
Heating:
Baseboard

Exterior

General:
Cedar
Style:
Stories 1
Parking:
Driveway, Parking spaces: 1

Construction

Roofing:
Composition
General:
Concrete perimeter

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
CE, WATTS SUB, BLOCK 2, LOT 7, R298589

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
MORE Realty, Michele Montoya

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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