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ActiveVacant

Portland Charmer Project — $420K / $675K ARV

10450 SW 62nd Dr, Portland, OR, 97219
Deal Overview

Asking Price

$420,000

After Repair Value

$675,000

Rehab Cost

$90,000

Potential Profit

$165,000

Property Details

Bedrooms

4

Bathrooms

3

Sq Ft

2,125

Year Built

1962

Property Type

Single Family

Condition

Needs Work

Lot Size

10,600 Square Feet

Distress Indicators
Deferred Maintenance
Description

Discover an appealing investment opportunity with this Portland Charmer Project, nestled within the sought-after Crestwood Community. This 4-bedroom, 3-bathroom single family residence is ideal for an investor looking to add significant value through renovation. The 2,125 square foot home, built in 1962, sits on a substantial 10,600 square foot lot and includes a convenient 2-car attached garage. It requires updating to unlock its full potential. This project offers a clear path to profit for a fix-and-flip strategy or a strong long-term rental hold in a desirable location. Capitalize on the established community and bring this property to its modern market value. Buyer to independently verify ARV, square footage, lot size, and property condition.

Property Info
OccupancyVacant
AccessAppointment Only

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