7127 Se 127TH Ave, Portland, OR 97236

$1,397,000 Asking Price

3 beds
2 baths
2,888  sqft
Built in 1954

1.61-acre lot gated and fenced Plus existing 2888 sq. ft., 3-bedroom 2 bath with full basement partially finished with inside/outside entrance. On gentle slope for backyard for urban farm/garden area? or build additional homes is a rare find in SE Portland. 1954 family-built/owned, mid-century brick ranch. Main level home has Kitchen, primary bedroom, 2nd and 3rd bedrooms, bath, living room, main level-fireplace. Partially finished full Basement-has bathroom-big basement family room-craft room-laundry area and storage area or convert to what you need/want. Basement has two separate entrances with an inside house main-level and outside basement entry, for multi-gen living? Enjoy serenity in this large backyard with large rear concrete patio area-great for outdoor enjoyment/entertaining. Garage-Large 4 car detached 650 sq. ft-extra deep, plus carport. Storage shed 12x16. Lot measures 150 feet x 470 feet. Lots of parking room for RV/Boat/Big vehicle parking. Build your custom home in the back lot plus more and keep existing home. In the Pleasant Valley neighborhood, Country feel living but in city. The contractor is doing some replumbing currently. (Asbestos abatement completed 2024 04 11 kitchen cabinet floor, basement bathroom floor, basement piano room floor, and basement HVAC duct tape). The property is fully fenced and gated. No HOA. On septic and sewer in the street at NE corner of the property at SE 127th Ave. Years after you have enjoyed the property and want to move on! ZONING allows you or future owner to BUILD 5 or 6 ADDITIONAL HOMES (with ADUs?). Great owner opportunity or investment. Note, the property is not in a flood area, nor does it have an excessive number of trees, making it easier to develop compared to some other lots. Live on property while developing. Water temporarily shut off. Not for rent or lease. Buyer to perform due diligence. Only walk on property with Realtor Chuck or Mel's approval. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10219188]


Features & Amenities

Interior

General:
Laundry, Vinyl floor, Wood floors
Basement:
Exterior entry, Full basement, Partially finished
Heating:
Forced air
Fireplace:
Wood burning, Fireplace, Fireplaces: 2

Exterior

General:
Brick, Fenced, Garden, Outbuilding, Patio, Porch, Rv parking, Rv boat storage, Yard
Style:
Mid century modern
Parking:
Carport, Rv access parking, Parking spaces: 4

Construction

Roofing:
Composition
Windows:
DoublePaneWindows
General:
Concrete perimeter

Location

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

Lot

Zoning:
R 10, SECTION 23 1S 2E, TL 200 1.61 ACRES, R336941

Utilities

Water:
Public Water
Sewer:
Septic Tank

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
ERA Freeman & Associates, Melvin Roemmich

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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