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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5625 SE 83rd Ave , Portland, OR 97266
$349,900
Est. Payment: $1,759.36/mo
0 Bed
1 Bath
616 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Unique Southeast Portland Opportunity with Flexible CM3 Zoning!Discover the possibilities with this extensively remodeled 616-square-foot building situated on a 4,000-square-foot lot in a convenient Southeast Portland location with easy access to I-205. Whether you're seeking a live/work environment, creative studio space, or a property with future redevelopment potential, this versatile property offers numerous possibilities.Remodeling began in 2022, with the majority of improvements completed in 2025. Interior upgrades include durable wide-plank luxury vinyl plank flooring, fresh paint, new interior doors and trim, updated bathroom fixtures, LED lighting, and a roof-mounted HVAC system for year-round comfort.The thoughtfully designed interior includes a kitchenette with new cabinetry, quartz countertops, built-in microwave, refrigerator, shower, and an all-in-one washer/dryer unit, providing many of the conveniences desired for day-to-day occupancy.Outside, the spacious yard offers room for outdoor living, gardening, storage, hobbies, or future improvements. Three on-site parking spaces add convenience and functionality.Flexible CM3 zoning allows for a variety of commercial, office, mixed-use, and potential residential redevelopment opportunities. Future development possibilities may include a mixed-use project with residential units above commercial space or redevelopment into a larger structure, subject to City approval. Buyer to verify permitted uses and development potential with the City of Portland.A rare opportunity to acquire a move-in-ready property with modern updates, excellent accessibility, and long-term upside in a growing Southeast Portland locati

Highlights

Listed by Greg Carnese , 503-998-4135 Realty First , 503-343-5825. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.09

Year Built

1986

County

Multnomah

Area

143 - Portland Southeast

Listing ID

753120845

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Disposal, Free-Standing Refrigerator, Microwave, Quartz, SolidSurfaceCountertop, Stainless Steel Appliance(s)
Air Cond:Central Air,Heat Pump
Fireplaces:
Other:LuxuryVinylPlank,Quartz,Washer/Dryer
Other:Public Water

Exterior Features

Lot:Level
Lot Dimensions:4000 SF
Garage Capacity:0
Zoning:CM3
Roof:Composition
Others:Yard,Updated/Remodeled
Sewer:Public Sewer
Parking Features:Off Street,Parking Pad
Principal Interest
$1,759
Taxes
$224

Home Price

$349,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$69,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,759.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,759.36 $223.73 $0.00 $1,983.09
Yearly $21,112.27 $2,684.81 $0.00 $23,797.08
Total $633,368.05 $80,544.30 $0.00 $713,912.35

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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