Portland real estate investor Antoine Dean recently purchased a thin 24-foot-wide lot on the NE side of E Burnside Street. The site contains a detached garage used over the last several decades by residents of 4 NE 72nd Avenue. Later this year, after demolition crews remove the existing structure, the site will host a new two-story single-family residence fronted on E Burnside Street.
Antoine Dean is a Portland real estate agent and investor who often looks for unique development opportunities. When he discovered the 1904-built home on the market, Dean saw potential in the detached building. The single-car garage and attached shed were not part of the original home but joined the adjacent property later. The lots remained separate parcels over the years, and Dean was able to purchase the garage’s land independently from the house.
The site will require creativity in its construction, being one-foot skinner than most infill houses. “It is a relatively small lot compared to everything else,” remarked Dean. Residential buildings in this zone require a five-foot setback from the property line. Consequentially the architect had to take a standard 15-foot-wide split lot plan set and shave an extra foot from the design. This proposed house is 14′ wide by 38′ long. However, it fits many amenities in that 1016-square-foot space. Each of the two bedrooms has an attached bathroom. That leaves just enough room on the second floor for a stacked washer and dryer closet at the top of the stairs. The main floor features an open-plan living room, kitchen, and dining area. Under the staircase is a small main-floor powder room.
This home targets the affordable side of the housing market. Dean explained that a home in a high-traffic location with a modest floor area is ideal for those working with a constrained budget. “Whoever purchases it is going to have to feel comfortable being right there on Burnside,” said Dean. He expects the single-family residence to list anywhere from $375,000 to $415,000, depending on the market conditions at the time of sale. Providing finically accessible housing is important to Dean. He sees it as one of the top challenges in the country, and he hopes his work will help mitigate the national housing shortage.
The demolition permit for the garage is approved, and work should begin soon after workers clear the property. Expect to see crews working the site throughout the summer. Dean hopes to keep to a tight building schedule and have the property listed before the end of the year.
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