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Listed by eXp Realty, LLC • 530-545-2580
$ 489,900
Est. payment | /mo
5,227 Sqft Lot
$ 489,900
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
