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About the Listing EQTY50 - GSPRING
RENOVATE and PRESERVE the existing home, and put 2 detached ADU's in rear with ALLEY access. Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafés, and shopping. This CORNER 100x105’ R5-zoned lot with alley access offers approximately 10,500SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. CONFIRM existing lot line, create two 50x100 lots, build detached homes, add ADUs. Build a COTTAGE CLUSTER and take advantage of SDC waivers. The property includes an existing 1558 SF home plus a 300SF unfinished basement, ideal for renovation, additional units, or complete redevelopment. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Free-Standing Range, Free-Standing Refrigerator, Pantry
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Hardwood Floors,High Ceilings,Laundry,Wood Floors,Master on Main
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot,Level
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 100x105
- Zoning: R5
- Roof: Composition
- Others: Fenced,RV/Boat Storage,Yard,Fixer
- Sewer: Public Sewer
- Parking Features: Detached,Off Street,RV Access/Parking
Financial Details
- Tax Amount: $6,341
- Taxes w/Assessments: N/A
- Tax/Property ID: R198928
- Tax Year: N/A
Payment Calculator
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1039 SE 78th Ave Portland, OR 97215
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