2828 Stephens St Portland, OR 97217
This exceptional 11,568 square foot church property, situated on a desirable 0.96-acre lot in Portland, Oregon's Hosford-Abernethy neighborhood, presents a unique investment opportunity. Built in 1964, the property boasts a main sanctuary and a smaller secondary sanctuary, providing ample space for various uses. The expansive lot features mature trees, well-maintained gardens, and an outdoor play area, creating a tranquil and inviting atmosphere. Convenient abundant parking is available on-site. The property's full basement offers extensive functional space, including classrooms, kitchens, offices, meeting rooms, and substantial storage areas. An elevator provides convenient access to all levels. The property is zoned R5-Residential 5,000, offering flexibility for potential redevelopment or repurposing. Located at 2828 SE Stephens St, Portland, OR 97217, this property is priced at $1,750,000, translating to $41.67 per square foot. Its quiet location and versatile layout make it an ideal candidate for a variety of uses, subject to necessary permits and approvals. This is a rare opportunity to acquire a substantial property in a highly sought-after Portland neighborhood.
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Marie Schumacher Coaching & Consulting Employment Agency Business Service Center
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Colonial Heights Presbyterian Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.