33 SE 83rd Ave, Portland, OR 97216
Local realty services provided by:Knipe Realty ERA Powered
33 SE 83rd Ave,Portland, OR 97216
$895,000
- 0.12 Acres
- Lots / Land
- Active
Listed by: ian crist
Office: bridge creek realty503-508-0131
MLS#:178104165
Source:PORTLAND
Price summary
- Price:$895,000
About this home
Located just off E Burnside Street in Portland’s Montavilla neighborhood, this offering consists of two adjacent parcels totaling approximately 0.22 acres with CM2 (Commercial Mixed-Use 2) zoning. Positioned in one of East Portland’s most established and walkable neighborhoods, the property presents a compelling opportunity to develop high-density multifamily housing in a strong rental submarket with convenient access to neighborhood amenities, transit, and major employment corridors. The offering includes one vacant parcel and one improved parcel containing a 2,624 square foot single-family home built in 1947. The home is currently leased to a month-to-month tenant providing interim income while a developer advances development plans.A full development package has been completed for the property, including architectural plans, a geotechnical report, plumbing plans, survey work, mechanical engineering and a first submission of plans to the city with corrections noted, significantly reducing the upfront time and cost associated with early-stage development. The proposed project consists of a 30-unit apartment building comprised of efficiently designed one- and two-bedroom units tailored to the strong demand for attainable housing in Portland’s close-in eastside neighborhoods. *Square footage and bedroom count need to be verified by buyer....
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Home facts
- Listing ID #:178104165
- Added:37 day(s) ago
- Updated:May 14, 2026 at 11:19 AM
Rooms and interior
- Total bathrooms:4
Structure and exterior
- Lot area:0.12 Acres
Schools
- High school:Leodis McDaniel
- Middle school:Harrison Park
- Elementary school:Vestal
Finances and disclosures
- Price:$895,000
- Tax amount:$2,195
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