PORTLAND, Ore. – A house in the Eliot neighborhood of Northeast Portland will be torn down to make way for a micro-apartment complex, at a site down the street from several blocks experiencing massive demolition and redevelopment.
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The single-family home, located at 3120 N. Vancouver Ave. according to city records but with an actual street address of 3116 N. Vancouver Ave., was built in 1909. It sits on an 1,800-square-foot lot, with the house totaling 1,732 square feet in size.
City and county records indicate a 2014 sale of the property to M2 Holdings LLC for $295,000. This is $17,560 less than the property’s estimated 2014 real market value, according to PortlandMaps, and is more than $100,000 less than Zillow’s “Zestimate” of its market value.
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M2 Holdings LLC is registered to David Mcinnis in Lake Oswego and Benjamin McInnis in downtown Portland. Benjamin Mcinnis is behind another demolition and redevelopment project in the works in Sellwood, where a 1923 home will be demolished for three stories of 15 units.
On May 15 the Bureau of Development Services received an application for demolition of the Vancouver Avenue home. This followed a March application for new construction of a five-story micro-unit apartment building that would total 7,200 square feet in size.
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The applicant on the new construction is Rich Brooks of CIDA Architects, who is also the listed applicant on Mcinnis’ Sellwood demolition and redevelopment into apartment units. The contractor is Riverland Homes Inc.
However, as of April 2 the development is listed as being put on administrative hold by “A. Eckels.” No further information is given on public records. The construction permit is still listed as under review.
The demolition delay on the house is set to expire June 19. The permit does not include removal of trees on the site for the redevelopment.
This house is half a block away from a massive redevelopment project on a block between North Vancouver and Williams avenues. Between that block and its neighbor to the north, which is also subjected to large-scale redevelopment, 360 residential units are in development on property formerly home to three residential dwellings.
Photo credit: Portland Chronicle
The Vancouver Avenue home is also two doors down from the Vancouver Avenue First Baptist Church.
Photo credit: Portland Chronicle