8809 SE Holgate Blvd, Portland, OR 97266

Investor's Dream on Prime Corner Lot – Development Opportunity!Located at the highly visible corner of SE 88th Ave and Holgate Blvd, this rare offering includes three tax lots poised for immediate value-add potential. With Portland’s strong emphasis on infill development, a minor lot line adjustment between lots 8 and 9 would yield three 4-plex buildable lots, each approximately 4,236.51 sq ft. Hard to find: three 4-plex lots in a row!The property features two existing curb cuts (Driveway Design Exception required to serve all three lots) and is adjacent to a TriMet bus stop, providing strong connectivity and future tenant appeal. All utilities are available at the street, economizing and streamlining the path to development.The current structure offers flexible use during the entitlement phase: a spacious 2,632 sq ft home across two floors including a 1,016 sq ft basement that is 90% finished. Inside, you’ll find three fireplaces, ample living space, and a layout suitable for rental … read more …