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Listed by Cascade Hasson Sotheby's International Realty
$875,000
Est. payment /mo
1.4 Acres Lot
UPDATED:
12/18/2024 02:44 PM
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24653176
Annual Tax Amount $10,578
Lot Size 1.400 Acres
Property Description
Discover this exceptional 1.4-acre property, comprised of three tax parcels (R314276, R314282, and R314267), offering an unparalleled development opportunity in Portland. With two parcels zoned R10 and the largest zoned CM1, this versatile property is ideal for residential or mixed-use projects. The existing home features 3 bedrooms, 1 bathroom, and bonus space, making it livable or rentable while you plan your vision. Whether you want to live in the home while building additional units next door, create the ultimate shop space for your small business, or craft an innovative mixed-use project, the possibilities are endless. Conveniently located just minutes from the vibrant Alberta Arts District, with its eclectic shops, restaurants, and galleries, as well as the scenic Columbia Slough Trail and iconic parks like Peninsula Park, this property also boasts easy access to downtown Portland, public transportation, and major freeways. Builders, developers, and investors—don't miss this rare opportunity to bring your vision to life.
Location
State OR
County Multnomah
Area _142
Zoning CM1 R10
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools Faubion
Middle Schools Faubion
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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