House is a fixer and likely not financeable. The value is in the oversized lot, which backs to Creston Park and is zoned RM1. Per the City of Portland - "The RM1 zone is a low-scale multi-dwelling zone applied around centers and corridors in locations near single-dwelling residential areas. Housing is generally characterized by 1-3 story buildings with front setbacks that relate to the patterns of residential neighborhoods. The types of new development include duplexes, rowhouses, courtyard housing and small apartment buildings." Buyer is responsible for all due diligence with regards to use, planning and zoning, PBOT, etc. Property sits just off Powell Blvd, easy access to services and transportation.