Investment Opportunity in a Prime Location, just 2 blocks from Hong Phat Supermarket, popular restaurants, bars, and parks! The true value lies in the land. Situated on a huge lot in RM1 zoning, this property offers significant development potential. Possibilities include duplexes, triplexes, fourplexes, rowhouses, courtyard housing, and small apartment buildings. Buyers are encouraged to verify development options with the City of Portland. The existing home features 3 bedrooms and 1 bathroom, with hardwood floors that could shine with some refinishing. . This is a rare chance to secure a large, well-located lot in a growing area with excellent investment potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243648]