701 NE 194th Ave, Portland, OR 97230

Space, flexibility, and future potential—all on a quiet, wooded 0.65-acre lot. This well-maintained home offers 2,958 square feet with fresh interior paint and basement carpet, updated systems, and three wood-burning fireplaces. The main level includes four bedrooms, 2.5 baths, a full kitchen, and comfortable living and dining areas, plus an attached oversized 2-car garage. The full basement extends the living space with two additional bedrooms, a full bath, a second kitchen, and generous living and dining areas. It flows naturally from the main home while offering flexibility for a variety of living arrangements, workspace, or potential for more separation if desired. A separate exterior entrance adds to the functionality. Previously licensed as a Care Home, the property includes the upgrades and infrastructure already in place for that use. The layout and lot size may also lend themselves to other opportunities, including shared living, in home daycare, or rental potential. Live in one level and rent out or run your business out of the other.Zoned LDR-5, the flat and usable 0.65-acre lot has been identified as having potential for a three-lot developer split. A developer packet is available upon request. A rare combination of space, versatility, and opportunity in a peaceful setting. Buyer to perform due diligence regarding all potential uses, development, zoning, and permitting.

  • $700,000

  • 6 bedrooms, 3.1 bathrooms

  • 2958 sq. ft.

  • Built in 1966

  • .65 acre lot

  • ML #253766325

  • Property Taxes $6739 / year

Listed by Monica Vasquez
Broker, Licensed in Oregon
rewithmonicav@gmail.com
404-824-4432

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