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Listed by Oregon First
$ 699,900
Est. payment | /mo
10,018 Sqft Lot
$ 699,900
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 155171719
HOA Y/N No
Annual Tax Amount $7,492
Tax Year 2025
Lot Size 10,018 Sqft
Property Sub-Type Multi Family
Property Description
Rare 10,000 SF (100'x100') development opportunity in Portland's Montavilla neighborhood. RM2-zoned site offering significant infill development potential in an area experiencing continued redevelopment and housing demand. Large, level parcel provides flexibility for a variety of residential development concepts, subject to buyer verification and City approval. Convenient location parks, schools, transit, shopping, restaurants, and major commuter routes. Existing home currently occupies the property; however, seller believes the highest and best use is redevelopment. Buyer to perform all due diligence regarding zoning, density, lot division, development potential, utility availability, system development charges, and intended use. Opportunities for large RM2 parcels in established East Portland neighborhoods are increasingly limited.
Location
State OR
County Multnomah
Area _142
Zoning RM2
Exterior
Utilities Available SeeRemarks
Garage No
Schools
Elementary Schools Vestal
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com