6026 SE 84th Ave, Portland, OR 97266

Opportunity abounds with this historic 1903 farmhouse offering 6 bedrooms, 1.1 baths, and 3,142 square feet of living space on a large lot with development potential. Full of character and charm, this home features generously sized rooms, a functional floor plan, and hardwood floors throughout most of the home. The tall, unfinished basement with separate exterior access provides exciting potential for future expansion or possible rental income.While the home does need TLC, the upside is undeniable. With CM2 (Commercial/Mixed Use) zoning, the property may be divided into three separate 40x114 tax lots or redeveloped to take advantage of medium-scale, pedestrian-oriented development allowances. Zoning permits up to four stories (45 feet), or five stories (55 feet) with bonuses, and allows for a mix of residential, retail, office, employment, or light manufacturing uses. A smaller apartment building has already been developed next door, showcasing the possibilities for this site.Located