16434 NE Multnomah St, Portland, OR 97230

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
16434 NE Multnomah St,Portland, OR 97230
$325,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,580 sq. ft.
  • Single family
  • Active
Listed by: amanda bennett
Office: premiere property group, llc.503-670-9000
MLS#:258105365
Source:PORTLAND

Price summary

  • Price:$325,000
  • Price per sq. ft.:$205.7

About this home

Development opportunity with multiple possibilities on the Gresham boarder! This 15,555 sq ft (.36-acre) LDR-7 zoned parcel offers flexibility for builders, developers, investors, or buyers looking for a unique project. Explore development configurations including 2 single-family homes, duplexes, triplexes, quadplexes, townhomes, or a cottage cluster with up to 9 cottages, subject to City of Gresham approval and applicable development standards. The mostly level, rectangular lot offers approximately 85 feet of frontage on NE Multnomah St, creating a versatile footprint for redevelopment. The existing residence is connected to city sewer and water, with services connected at Multnomah Street. A conceptual 4-unit townhome layout is available to illustrate one potential configuration. Not ready to start from scratch? The existing residence and 2 car tandem garage also offer potential for an extensive fixer/renovation project, with the possibility of creating a home with up to 5 bedrooms...

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Home facts

  • Year built:1952
  • Listing ID #:258105365
  • Added:48 day(s) ago
  • Updated:November 06, 2026 at 01:17 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement Description:Daylight, Partial Finished
  • Living area:1,580 sq. ft.

Heating and cooling

  • Cooling:Wall Unit

Structure and exterior

  • Roof:Shingle
  • Year built:1952
  • Building area:1,580 sq. ft.
  • Lot area:0.36 Acres
  • Lot Features:Level, Trees
  • Architectural Style:Daylight Ranch
  • Exterior Features:Fenced, Yard
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Reynolds
  • Middle school:H.B. Lee
  • Elementary school:Wilkes

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$205.7
  • Tax amount:$3,225 (2025)

Features and amenities

  • Amenities:Wood Floors, Wood Frame Windows

Parking

  • Total parking spaces:2
  • Parking description:Driveway, On street
  • Garage spaces:2
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: November 6, 2026

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