Portland, OR 97230
Listing Courtesy of: RMLS / Real Estate Investment Group

   Portland, OR 97230

Active (10 Days)
$1,475,000

Description

Prime 1.89-Acre Development Site in Portland – Zoned Corridor Multi-Family (CMF)Located at 1104 NE 181st Ave in Portland, Oregon, this spacious 1.89-acre parcel offers an exceptional development opportunity in a rapidly growing area. Zoned Corridor Multi-Family (CMF), this lot is ideally suited for multi-family residential projects, offering the potential for high-density housing in a highly accessible location.The property enjoys excellent connectivity with major roads, including Interstate 84 and NE Halsey St, providing easy access to downtown Portland and the surrounding metro area. With a strong mix of residential and commercial properties in the area, this location offers both convenience and the potential for strong demand in multi-family housing development.The generous size of the lot allows for flexible planning, with ample space to design and develop a variety of multi-family units, while still benefiting from Portland's growing need for housing. Local amenities, including parks, schools, shopping centers, and public transit, are just minutes away, enhancing the attractiveness for future residents.

MLS #:
24590249
Taxes
$9,204(2024)
Lot Size
1.89 acres
Type
Land
County
Multnomah County

Listed By

Nicholas Diamond, Real Estate Investment Group
Source
RMLS
Last checked Dec 2 2024 at 6:30 PM PST
Bathroom Details
Lot Information
  • Trees
Utility Information
  • Utilities: Other
School Information
  • Elementary School: Hartley
  • Middle School: H.b. Lee
  • High School: Grant

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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