For sale Home

Listed Apr 17, 2023

$1,150,000 Est. $7,606/mo

275 James Howe Road

  • 3

    Beds

  • 2

    Baths

  • 1,888

    Sq ft

The story

  • Basement

APARTMENTS OR RESIDENTIAL DEVELOPMENT OPPORTUNITY! Combined, these two tax lots offer approximately 19.36 acres with potential for 29–60+ residential lots or 6–16 dwellings per net acre (buyer to verify). Preliminary City review supports residential development potential, with options to keep the existing structure or remove it. Property is subject to annexation into the City and approved zone change. Adjacent property at 325 James Howe was recently approved for annexation with medium-density zoning, adding This property offers the perfect blend of country charm and development potential, backing to a scenic winery. Opportunities include residential development with single-family homes, townhomes, or apartments (buyer to verify). Can be combined with the neighboring 9.78-acre parcel for a total of 19.36 acres, creating an exceptional opportunity in a highly sought-after location.

Facts & features

Home type

Home

Year built

1952

Floors

1

Lot size

10 acres

Price per sq ft

$609

Included features

  • Basement

    Yes

  • Heating

    Wood, Wood Stove, Zoned

  • Appliances

    Electric Range, Water Heater, Electric Water Heater

  • Flooring

    Carpet, Vinyl, Wood

  • Roof

    Composition

  • Water Source

    Public, Well

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$7,606 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $6,121
  • Property tax $1,150
  • Insurance $335

Includes principal, interest, taxes & insurance.

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Listing Broker

REAL BROKER

Broker Name

REAL BROKER

Agent

MATT PRIDE

Location

PORTLAND OR 97210