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About This Home
This 3-bedroom, 1-bathroom single family at 1039 SE 78TH Ave in Portland, OR is listed for $625,000 ($336 per sqft). Built in 1904, the home offers 1,858 sqft of living space on a 0.24 acres lot.
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, cafes, 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.
Key Features
- Built in 1904
- 0.24 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1039 SE 78TH Ave
Portland, OR 97215
Features & Amenities
Interior Features
Exterior Features
Property Details
Heating
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1039 SE 78TH Ave is listed at $625,000 ($336/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.
Key features include: Built in 1904, 0.24 acre lot, 2 stories. Interior Features: HardwoodFloors, HighCeilings, Laundry. Exterior Features: Fenced, RVBoatStorage, Yard.
This property is listed by Gretchen Spring and can be reached at 5039647994 or Gretchenspringsells@gmail.com.
