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$675,000

10 Beds 10 Baths 5,610 SQFT 0.11 Acres
Type: Multi-Family

8531 N EDISON ST N
Portland, OR 97203

MLS#: 789622051
Bonnie Lawless
Bonnie Lawless
Premiere Property Group
Broker
Phone: 971.804.4613
Office: 971.271.8932
Presented by: Lark and Fir Realty LLC - info@larkandfir.com

Property Description

 

Don’t miss this golden opportunity to put your signature mark on a unique property with spectacular views of the St. Johns Bridge! Bring your A-game and imagination to complete this project quickly. Owner is willing to carry financing for 6 to 8 months and/or open to partnering with the right party to catalyze a remarkable outcome! Each townhome is on a separate tax lot (8531 & 8527 N Edison); 4 units altogether (primary home + ADU on each lot). Constructed as mirror images. Bring new energy to provide housing density, affordable housing, and/or creative living space. Visions include co-housing, cooperative living, low-income or mission-oriented housing, or PadSplit. Could be suitable for a non-profit development investment opportunity. Originally purchased as a two-level townhome, re-design was drafted by EMA Architects (2017), with eco-conscious quality construction by Birdsmouth. Originally built in 2001, the homes are to-the-stud remodels with ADU structures added in 2019. Eco-touches include Blue "Glo" windows and green roofs. Homes are enclosed and weather protected; need interior and exterior finishing work + mechanical, electrical and plumbing. Related to RMLS #198712609 (sale of single townhome).


 

Interior Features

Bedrooms

Unit 1 Beds Total4
Unit 2 Beds Total4
Unit 3 Beds Total1
Unit 4 Beds Total1

Bathrooms

Unit 1 Baths Total4
Unit 2 Baths Total4
Unit 3 Baths Total1
Unit 4 Baths Total1

Other Interior Features

UnitType1ActualRent0
UnitType1FeaturesAirConditioning, Deck, Storage, WasherDryerHookup
UnitType1UnitsTotal1
UnitType2ActualRent0
UnitType2FeaturesAirConditioning, Deck, Storage, WasherDryerHookup
UnitType2UnitsTotal1
UnitType3ActualRent0
UnitType3FeaturesAirConditioning, Deck, WasherDryerHookup
UnitType3UnitsTotal1
UnitType4ActualRent0
UnitType4FeaturesAirConditioning, Deck, WasherDryerHookup
UnitType4UnitsTotal1
FuelDescriptionElectricity
BasementNone
Hot WaterGas
StorageGarage
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

General

Accessory Dwelling Unit Y/NN
AttributionContactinfo@larkandfir.com
CityPortland
CoolingMiniSplit
CountyMultnomah
DirectionsN Burlington and to N Edison
DisclosuresDisclosure
Elementary SchoolJames John
Garage Spaces2.0
Gross Income0
HOANo
HeatingMiniSplit
High SchoolRoosevelt
Legal DescriptionBRIDGE VIEW ROWHOUSES, LOT 1
Listing TermsCallListingAgent, Cash, Other, OwnerWillCarry
Lot Size Square Feet4,791 sqft
MLS Area_141
Middle/Junior High SchoolGeorge
Net Operating Income0
Number Of Units Total4
Operating Expense0
Parcel Number0
Property ConditionUpdatedRemodeled
Property TypeMultiFamily
Rent IncludesSewer, TrashCollection, Water
RoofGreenRoof, Membrane
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count4
Subdivision NameST. JOHNS/CATHEDRAL PARK
Tax Annual Amount$9,694
Tax Year2025
TaxOtherAnnualAssessmentAmount$12,000
ViewDescriptionParkGreenbelt, River, Territorial
Virtual TourClick here
Year Built2001
ZoningRM2

Exterior

Building Area Total5,610 sqft
Exterior DescriptionCementSiding
Foundation DetailsConcretePerimeter, Slab
Lot FeaturesSloped
Lot Size Acres0.11
Parking FeaturesDriveway, Garage
Road Surface TypePaved
Total Parking2.0
Water SourcePublicWater

Additional Details

Price History

Schools 

Middle School George Middle School
Elementary School James John Elementary School
High School Roosevelt High School

  

Similar Properties

$675,000

10 Beds 10 Baths 5,610 SQFT 0.11 Acres
Type: Multi-Family

8531 N EDISON ST N
Portland, OR 97203

MLS#: 789622051
Bonnie Lawless
Bonnie Lawless
Premiere Property Group
Broker
Phone: 971.804.4613
Office: 971.271.8932