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Listed by eXp Realty LLC
$ 1,700,000
Est. payment | /mo
2.36 Acres Lot
$ 1,700,000
Est. payment | /mo
2.36 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Delashmutt & Oatman
MLS Listing ID 553478504
Annual Tax Amount $21,284
Tax Year 2024
Lot Size 2.360 Acres
Property Sub-Type Multi Family
Property Description
This lucrative development site spans street to street between SE Crystal Springs Blvd and SEHarney St offering direct access from each street and maximizing layout options for roads, utilities,and building orientation. The expansive offering includes six individual tax lots, providing astrategic opportunity for subdivision developers, multifamily builders, or infill investors.The property is zoned RM1, which can support multi-dwelling residential use, including townhomes,apartments, and other middle housing types and allows for a potential density of up to 150 units(buyer to request specifics from the City of Portland/Multnomah County) So whether you're building apartments, condos, or subdividing into smaller residential lots, this site is positioned for success in one of Portland's emerging residential corridors. Per seller, the City of Portland may waive SDC charges for larger-scale developments, significantly reducing your cost basis (buyer to request specifics from the city of Portland). Owner financing is available, offering flexibility for qualified buyers.Reach out today to schedule a walk-through and explore the development potential!
Location
State OR
County Multnomah
Area _143
Zoning RM1
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Territorial
Garage No
Building
Lot Description Wooded
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Cleveland
Others
Acceptable Financing Cash, OwnerWillCarry
Listing Terms Cash, OwnerWillCarry
