Listing provided courtesy of Premiere Property Group LLCMLS# 331879505MLS Provider
  • 445 days on site
  • 11 views

Owner will entertain Owner Carry offer with Great terms. Redevelopment Property. Perfectly located double commercial lot to build new mixed use Retail or Parking below and Apartments above with this CM2 zoning. Currently includes large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.https://www.portland.gov/sites/default/files/code/130-c-zones_0.pdf

Source: Regional MLS, MLS#: 331879505

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  • Property Type
    Residential
  • Lot
    0.16 acres

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KIESHAWN LEWIS

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  • Median Age
    36
  • Population Density
    3,858
  • College Educated
    62%
  • Estimated Median Income
    $86,976
  • Estimated Total Home Owners
    9,252
  • Estimated Total Renters
    5,084
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    2
  • Total Population
    35,738
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5417 NE 15TH AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/12/2026Source: Regional MLS Status Change
Active
1/12/2026Source: Regional MLS Status Change
Active
11/11/2025Source: Regional MLS Status Change
Pending
11/11/2025Source: Regional MLS Status Change
Pending
10/5/2025Source: Regional MLS Price Reduction
$550,000 -7.6%
10/5/2025Source: Regional MLS Price Reduction
$550,000 -7.6%
7/14/2025Source: Regional MLS Price Reduction
$595,000 -8.5%
7/14/2025Source: Regional MLS Price Reduction
$595,000 -8.5%
4/11/2025Source: Regional MLS Added to Database
April 11, 2025
4/11/2025Source: Regional MLS Added to Database
April 11, 2025