11509 SE POWELL BLVDPortland, OR 97266

Rare RM1-zoned corner lot development opportunity in Southeast Portland. Situated on approximately 15,246 square feet (.35 acres), this property offers excellent potential for investors, builders, developers, or buyers seeking a major rehabilitation project. Existing utilities include public water and sewer connections. The current structure consists of approximately 2,160 square feet including an unfinished basement and is in poor condition with significant deferred maintenance. Property is being sold strictly as-is. Convenient location with easy access to public transportation, shopping, restaurants, parks, and major commuter routes. Buyer to perform all due diligence regarding zoning, development potential, permitted uses, density, utilities, and future improvements. Exceptional opportunity to acquire a large RM1-zoned parcel at an attractive price point.