All Forum Posts by: Taj T.

Thanks so much for the advice, @Jay Hinrichs, that's very helpful.  I'll post how my conversation with the city goes, in case anyone else is interested in these types of scenarios - it's a bit of a unique one.

Hi BP Community,

I just recently purchased a property in Portland, and am looking to get some advice on getting creative with development of the property, as its a bit of a unique situation.  

Property details: R5 zoning, 5700 sq ft lot, 2 bed 1 bath 750 sq ft home (plus attached garage) currently on lot, corner lot with a more than half of the property being bare land well-situated for development on corner lot.  The property is in Mt Scott-Arleta area, situated right in between two R2 zones, and fairly close to FOPO. 

Development ideas: the ultimate goal will be to keep the current home on the property and build on the bare land on the property. I'm wondering if anyone has any experience with this fairly unique situation? I'm interested in converting the existing home into an ADU with the city as it's under 800 sq ft, and building a primary residence on the bare land. With the new residential infill rules coming out around corner lots and multis in R5 zones, I'm also interested in the prospect of building a small 2 unit on the bare land, but this may be a stretch to get approved with the city. The city has also told me that I can look into spot-zoning if I would like to apply for the zoning being changed to R2, but with no guarantee that it'll be approved.

Anyways, any thoughts and experience shared would be much appreciated!  I'm also interested in sitting down with developers who have experience in this area to discuss the future development process. 

Thanks!

Taj

Great insight from @Account Closed, just a heads up that there are most likely bigger changes coming on the development/permitting side of things as the City of Portland just ousted its long-time Director of Bureau of Development Services.  More info from OregonLive here.

@Account Closed, thank you so much for the great information.  This info and background will be really helpful for me in evaluating what my next step will be!

Thank you again, @Megan S.! 

Hi @Megan S., thanks so much for the thoughts on your experience. Very helpful!  

Do you have the units separately metered?  If not, do you include utilities in their rent?

Thanks again,

Taj

Congratulations, Neil!  The first one is always the most fun - and also provides the most opportunity to learn.

I'm happy to talk shop anytime.  Feel free to shoot me a note, and wishing you all the best on your first flip!

Best,

Taj

@Adam K.@Account Closed Happy to!  I'll shoot you a note, too, Ian.

Taj

Hi @Adam K.,

I just shot you a colleague request with information on my agent.

Thanks,

Taj