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Listed by Keller Williams Realty Portland Premiere • 503-597-2444
$449,900
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 309906493
Annual Tax Amount $1,277
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
Prime vacant land located in the heart of Portland's coveted Vancouver-Williams corridor.Seller is offering seller-carried financing with 30% down and 7% interest. Buyers may also have the option to use cross- collateralization of an investment property in place of a full cash down payment. Reach out to listing agents for more information. Zoned CM3 (Commercial/Mixed Use 3), this site is ideally suited for high-density residential, mixed-use, or commercial development—think townhomes, 6plex, apartments, or creative urban infill. Steps to Legacy Emanuel Medical Center, surrounded by major redevelopment, and perfectly positioned with excellent access to transit, a 100 BikeScore, and 92 WalkScore. CM3 zoning allows up to 65' height (with potential bonus provisions). A rare chance to develop in one of Portland's most walkable, bikeable, and thriving neighborhoods. Bring your vision to this prime inner-eastside location. Buyer to perform all due diligence.
Location
State OR
County Multnomah
Area _141
Zoning CM3
Exterior
Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
View Trees Woods
Garage No
Building
Lot Description Corner Lot
Schools
Elementary Schools Boise-Eliot
Middle Schools Harriet Tubman
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional, OwnerWillCarry
Listing Terms Cash, Conventional, OwnerWillCarry
Virtual Tour https://youtu.be/xw6V0kX0Mww
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Brian O Gass
Principle Broker | License ID: 201235550
Principle Broker License ID: 201235550