2015 SE IVON ST, Portland, OR 97202

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$480,000

bedrooms

bathrooms

square feet

1,200

Acreage

0.12

Open Houses

year built

1902

Full Baths

Half Baths

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Huge Opportunity to get into inner SE for under $500k! Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a variety of housing types. Developers can explore options such as a 6-unit apartment complex, single-family dwellings, rowhouses, duplexes, triplexes, fourplexes, or adding accessory dwelling units (ADUs). Buyer to do all due diligence. With its prime inner Southeast location, this property is perfectly positioned for a multitude of projects. The unbeatable setting provides easy access to some of Portland's vibrant amenities, including Double Barrel Tavern, Spielman Bagels, Nossa Familia Coffee, New Seasons & People’s Food Co-op, a stone's throw to Ladd’s Addition, & Abernethy Elementary School, making it the perfect spot to create desirable housing. Whether you’re considering a rehab & flip, teardown to build a multifamily property or envisioning multiple units for rental income, this diamond in the rough offers unmatched potential. Don’t miss this rare opportunity to shape a profitable investment in one of Portland’s most walkable and dynamic neighborhoods.

Location
Subdivision	HOSFORD ABERNETHY
County	Multnomah
Elementary School	Abernethy
Middle School	Hosford
High School	Cleveland

Driving directions

Open houses

None scheduled.

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MLS number: 24448745

Listing agent: Tara Stone

Listing broker: Exp Realty Llc (888) 814-9613

Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 19 2025 at 2:05 p.m. EDT

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