8729 SE WASHINGTON ST Portland, OR 97216

Don't let the grandmotherly pale yellow exterior fool you: Inside, it's a funky room-to-room palette of vibrant colors that some creative-type out there would truly love - and for whatever that creative-type creates, there's a private studio/shop in the backyard. Lots of options with this unique place: Fix it up into your dream, fix & flip, or redevelop the lot. The property is zoned RM1, which allows buildings to be up to 5,000 sq. ft. on this property (1:1 FAR/Floor Area Ratio). The City says: "The RM1 zone is a low-scale multi-dwelling zone applied around centers and corridors in locations near single-dwelling residential areas. Housing is generally characterized by 1-3 story buildings with front setbacks that relate to the patterns of residential neighborhoods. The types of new development include duplexes, rowhouses, courtyard housing and small apartment buildings." Buyer to do their own due diligence on land use. There has been much recent development/redevelopment on this property's block with the same zoning. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233892]