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Listed by Fiv Realty • 503-683-1885
$ 250,000
Est. payment /mo
New
556 NE LINCOLN ST Hillsboro, OR 97124
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Residential Recreational
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Hillsboro
MLS Listing ID 729886784
HOA Y/N No
Annual Tax Amount $2,663
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type Residential Recreational
Property Description
Double Lot in Downtown Hillsboro, One Block from Main StreetThe good news: This is 0.22 acres (9,583 SF) of prime Hillsboro real estate — a rare double lot just one block from Main Street, with a strong Walk Score thanks to its location 2-3 blocks from multiple restaurants, coffee shops, and the Hillsboro Artists Regional Theatre. It's also 2.5 blocks from the Hillsboro Transit Center and 4 blocks from the Hillsboro Central light rail station. Preliminary review under the Downtown Neighborhood Conservation (DNC) zoning supports a single-family home, duplex, triplex, fourplex, or possibly up to six attached middle-housing townhomes. For a builder or investor, this is about as good as double-lot dirt gets this close to downtown.The bad news: The house isn't coming with you into that bright future. The property was long-occupied and is packed to the rafters — literally, in places, since parts of the roof have failed. The porch is rotten, the structure is unsafe to enter, and decades of blackberry brambles and overgrown shrubs have staged a full hostile takeover of the yard. This is a "land value only" sale: the buyer will be responsible for clearing the house, the detached garage, all contents, and the vegetation before anything new can go in the ground.The fine print: Sold strictly AS-IS. No interior access — do not enter the structure or walk the porch. Personal Representative of the Estate will make no repairs and will not accept any offer with contingencies. Cash or hard-money financing only — conventional lenders won't touch this one, and honestly, neither should you without your boots on and your due diligence done.Bottom line: You're not buying a house here — you're buying the dirt, the location, and the development upside. Bring your contractor, your dumpster, and your imagination. Neighbors are protective and will notify Seller of any intrusion. Priced for quick sale!
Location
State OR
County Washington
Area _152
Zoning SCR-DNC
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
Garage No
Schools
Elementary Schools Lincoln
Middle Schools Evergreen
High Schools Glencoe
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Nearby Locations