Exceptional investment and development opportunity on 1.99 acres in a highly desirable location! This unique property features three income-producing homes, offering immediate rental revenue of $6,500 while you explore the property's future potential. Zoned R8 with potential for 8 lots. Whether you're seeking a multi-generational compound, an income-generating investment, or your next development project, the possibilities are endless. The property includes a spacious 4-bedroom, 2-bath main home, a 3-bedroom, 1.5-bath residence, and a charming 3-bedroom, 2-bath log home, providing flexibility for multiple tenants, extended living, or owner occupancy. With water available in the street and Sewer at the end of Se 212th Pl, this property presents outstanding development potential while allowing you to generate rental income throughout the planning process. The true value lies in the land, making this an exceptional opportunity for investors, builders, and developers alike. Ideally located with convenient access to schools, shopping, dining, and major freeways, this rare offering combines strong current income potential with exciting possibilities for future growth. Don't miss your chance to secure this versatile and valuable property.

Courtesy of NWMLS
Listing courtesy of Jonathan D. Bye of John L. Scott, Inc



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Last checked: 2026-09-09 11:32 PM PDT