.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,307
$168,590
2018
$4,026
$158,920
2017
$3,860
$154,300
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Cherry Park Elementary School
1930 SE 104th Ave
Distance between this listing and this school0.87 miles
Public District Grades PK-5
8
/10
Portland Arthur Academy Charter School
7507 SE Yamhill St
Distance between this listing and this school1.11 miles
Public Charter Grades KG-5
2
/10
Earl Boyles Elementary School
10822 SE Bush St
Distance between this listing and this school1.19 miles
Public District Grades PK-5
Nearby Schools
5
/10
Harrison Park Middle School
2225 SE 87th Ave
Distance between this listing and this school0.23 miles
Public District Grades 6-8
6
/10
Bridger Elementary School
7910 SE Market St
Distance between this listing and this school0.66 miles
Public District Grades KG-8
8
/10
Creative Science K-8 School @Clark
1231 SE 92nd Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-8
Nearby Schools
6
/10
Leodis V. McDaniel High School
3905 SE 91st Ave
Distance between this listing and this school0.70 miles
Public District Grades 9-12
7
/10
Franklin High School
5405 SE Woodward St
Distance between this listing and this school1.68 miles
Public District Grades 9-12
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school2.36 miles
The neighbors living near this home have an average income of $29,392. Typical income of Portland, OR residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2535 SE 89th Ave
What is the listing price of this property?
The listing price of 2535 SE 89th Ave property is $1,450,000.
What type of property is this?
The property 2535 SE 89th Ave is land located in Portland, Oregon, 97266.
Is this property for sale now?
Active Listing: 2535 SE 89th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,307 (source: MLS/based on county public records data).
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This home is located at 2535 SE 89th Ave in Portland, OR and zip code 97266 in the Southeast Portland neighborhood. This home sits on a 0.37 acre lot. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $1,450,000.
Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. The inventory of homes for sale in Portland, OR between September 2024 and October 2024 increased by 4.2%. The median list price of listings available in October 2024 was $541,309, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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