SOLD - 13246 SE Raymond St, Portland OR 97213
Channel: Alex Roy - Portland Realtor
Date: 21/04/2023

SOLD - Light Fixer Home with Developable Land
13246 SE Raymond, Portland OR 97236
3 bed | 1 bath | 984 sqft | Built 1949
Lot: 0.45 acres, 82’ x 262’, zoned R5
SOLD - $345,000 | MLS#: 23485391
Listing: https://linktr.ee/alexroyrealtor
YouTube: https://youtu.be/uyXoi2EyQhY

A great opportunity for first time home buyers, landlord investors, or developers. The home is a light fixer and is ready for a few simple updates, but also should be financeable (i.e., does not have to be cash-only). It has three bedrooms, a living room, dining room, kitchen, and bathroom, with some additional storage in the attic. The natural gas heater has been recently serviced and is in good working order. The water heater is relatively new. The property is located near the end of a quiet, low traffic street. 

The second structure (outbuilding) is not permitted as living space and is not connected to power or water. However, the structure appears sound and can certainly be used for storage or a work area. 

Since the home sits on a 0.45 acre lot zoned R5, there are many development possibilities under Portland’s new R.I.P. program, including building additional homes without tearing down the existing home. Buyers must do their own due diligence to determine if their particular plan is allowed under current regulations and the site constraints. Note, the property is not in a flood hazard area, nor does it have an excessive amount of trees, making it easier to develop compared to some other lots.