2021 Tibbetts StPortland, OR 97202

Property Details for 2021 Tibbetts St

Year built

1952

Lot size

0.02 AC

Property size (Sq ft)

589 SF

Zone code

R25

Property type

Auto shops

APN

1S1E11AD 02300

APU

1S1E11AD02300

Description

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

• CAP approach

  CAP return

  Valuation

  6%

  $237,809

  6.5%

  $219,516

  7%

  $203,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,843

  Geo Method

  $285,843

• Alternative Use

  Use

  Valuation

  Residential

  $185,170

  Hospitality

  $169,615

  Educational

  $141,117

  Medical

  $145,971

  Retail

  $219,516

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5008

Longitude

-122.645

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].