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Alana Marseglia

alana@alanamarsegliahomes.com +1(707) 687-8826

Listed by Lowes Flat Fee Realty A Homezu Partner

$ 685,000

Est. payment -/mo

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Price Dropped by $15K

11600 SW 69TH AVE Tigard, OR 97223

3 Beds

2 Baths

2,012 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,012 sqft

Price per Sqft $340

MLS Listing ID 739507536

Style Daylight Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1945

Annual Tax Amount $3,042

Tax Year 2025

Lot Size 10,454 Sqft

Property Sub-Type Single Family Residence

Property Description

Prime 10,000 sq. ft. development opportunity in an exceptional Tigard Triangle location with territorial views. Ideally positioned between I-5 and Highway 217, and adjacent to the expanding light rail corridor, this property offers outstanding long-term redevelopment potential in one of the area's fastest-growing urban corridors. Zoned MUE (Mixed-Use Employment), the property supports a broad range of permitted uses including mixed-use, multifamily, residential, office, commercial, light industrial, and high-density employment development. The site's strategic location provides exceptional access to major transportation routes, key employment centers, Washington Square, and a newly developed major hotel nearby. The property includes an existing 2,012 sq. ft. tenant-occupied home featuring 3 bedrooms and 2 bathrooms, providing immediate income and potential office or holding-use opportunity while planning future development. The primary value remains in the land, zoning flexibility, and future redevelopment potential. Located within a designated Opportunity Zone, this property may offer additional long-term investment advantages for qualified buyers. The home is being sold as-is. Seller may participate in a 1031 exchange.

Location

State OR

County Washington

Area _151

Zoning MUE

Rooms

Basement Daylight, Finished

Interior

Heating Forced Air, Heat Pump

Fireplaces Number 2

Fireplaces Type Wood Burning

Exterior

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Merchantable Timber, Sloped

Story 2

Foundation Block

Sewer Septic Tank

Water Public Water

Level or Stories 2

Schools

Elementary Schools Durham

Middle Schools Twality

High Schools Tigard

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)