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Listed by eXp Realty, LLC • 530-545-2580
$ 499,900
Est. payment | /mo
5,227 Sqft Lot
$ 499,900
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24037345
Annual Tax Amount $3,401
Lot Size 5,227 Sqft
Property Description
Developer’s Dream! – Oversized Lot with Unbeatable Location!Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a variety of housing types. Developers can explore options such as a 6-unit apartment complex, single-family dwellings, rowhouses, duplexes, triplexes, fourplexes, or adding accessory dwelling units (ADUs). Buyer to do all due diligence.With its prime inner Southeast location, this property is perfectly positioned for a multitude of projects. The unbeatable setting provides easy access to some of Portland's vibrant amenities, including Double Barrel Tavern, Spielman Bagels, Nossa Familia Coffee, New Seasons & People’s Food Co-op, a stone's throw to Ladd’s Addition, & Abernethy Elementary School, making it the perfect spot to create desirable housing.Whether you’re considering a rehab & flip, teardown to build a multifamily property or envisioning multiple units for rental income, this diamond in the rough offers unmatched potential. Don’t miss this rare opportunity to shape a profitable investment in one of Portland’s most walkable and dynamic neighborhoods.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Exterior
Utilities Available ElectricityConnected
Garage No
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
morganblackwellhomes@gmail.com
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224, USA