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Listed by Keller Williams Realty Portland Premiere
$ 449,900
Est. payment | /mo
3,049 Sqft Lot
$ 449,900
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24637693
Annual Tax Amount $3,365
Tax Year 2024
Lot Size 3,049 Sqft
Property Description
This is a developer's dream! Situated on a highly coveted corner lot right on NE Alberta, this property offers unparalleled access to some of Portland's best restaurants, coffee shops, boutiques, and vibrant community amenities—literally right outside your doorstep. The plans for a luxury-style 5-plex development are permit-ready and set to feature 5 spacious, 4-level units. Each unit is designed with modern living in mind, including a separate living quarter on the main level, making it an excellent option for rental income or multi-gen living. The upper-level primary suite features a private balcony with stunning city views, offering the perfect blend of urban living and tranquility. This rare opportunity combines a sought-after location, a meticulously designed build, and the potential for strong returns. Whether you're a seasoned developer or looking for your next big project, this is an exceptional investment. Don't miss out on making your mark in one of Portland’s most desirable neighborhoods!
Location
State OR
County Multnomah
Area _142
Zoning CM2
Exterior
Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable
Garage No
Building
Lot Description Corner Lot
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
