Property summary
This unique 589 square foot shop/garage, built in 1952, presents a rare opportunity in Portland's desirable SE Hosford/Abernethy neighborhood. Located at 2021 SE Tibbetts Street, this property sits on a 0.02-acre lot and offers endless potential for a variety of uses. Its character-filled structure provides a blank canvas for customization, making it perfect for entrepreneurs, craftspeople, or motor enthusiasts seeking a versatile workspace. The property's prime location offers easy access to the vibrant community amenities of Ladd's Addition, including its charming garden community. Foodies will appreciate the proximity to acclaimed restaurants like Ava Gene's, while those seeking outdoor recreation can easily reach the scenic Clinton City Park. This well-connected location provides convenient access to various parts of the city, making it an ideal base for both business and leisure activities. The asking price is $200,000. Don't miss this chance to acquire a unique property in a thriving Portland neighborhood
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R25 · Portland, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R25 in Portland, OR.
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