PORTLAND, Ore. – Density is coming to Southeast Belmont Street as an upcoming project will subdivide a lot for multiple dwelling units to be constructed.
Photo credit: Portland Chronicle
The property, located at 2423 SE Belmont St., is occupied by one single-family residence built in 1921, which sits on the 9,660 square foot lot.
Photo credit: Portland Chronicle
The lot sold in August for $610,000 to DEZ Development LLC. In November the city received an application for development.
Photo credit: Portland Chronicle
The developer plans to subdivide the property from its current single lot into five separate lots. New construction is planned on four of the lots, with three units of attached housing on the Morrison Street side of the property and one new house on the Belmont Street side. The 94-year-old house will remain in place.
An existing garage will likely be demolished to make room for the new house. No on-site parking is proposed with the new development.
Photo credit: Portland Chronicle
Numerous trees line the Morrison Street frontage of the property. The development proposal states that “all trees on the site are proposed to be removed with mitigation through a payment into the City Tree Fund…”
Photo credit: Portland Chronicle
Notice was sent out to neighbors on Jan. 5, and the Bureau of Development Services will publish a decision in mid-February.
Photo credit: Portland Chronicle
The owner of the property is Slavik Dezhnyuk of DEZ Development LLC, and the applicant is Mike Coyle of Faster Permits.
Photo credit: Portland Chronicle
In May 2014 DEZ Development LLC demolished a 1915 single family residence at 7032 NE 15th, replacing it with a two-story residence.
In 2013 the development company demolished a 1905 single family home at 3736 SE 32nd. That house was purchased for $157,000, demolished, replaced with a new house and sold for $505,000.