$ 495,000
0 SW Market DR Portland, OR 97201
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Listed by Knipe Realty ERA Powered • 503-939-4241
$ 495,000
Est. payment | /mo
$ 495,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23022496
Annual Tax Amount $1,111
Property Description
Discover an unparalleled opportunity to craft a single family residential or a multi-family haven on this prime, city-proximate land. Enjoy stunning skyline views in an upscale neighborhood with top-notch schools and easy MAX transit access. This expansive 11,490 SF canvas spans three lots.Zoning: RM-1 with design overlay. Regulations allow 1 unit per 1500 SF or 2 units per lot, max 4 dwellings/site, no retail. No specified max density. Building coverage capped at 50%. No parking required; setbacks mandated: front (10'), side, and rear (5'). Base height allowance for new buildings: 35'.Unleash your creativity within these parameters, sculpting a masterpiece unconfined by parking constraints. Dance with setbacks, creating an elegant choreography of space. Ascend to a 35-foot pinnacle, an iconic silhouette against the city's skyline.Seize this moment to redefine urban living, where your vision converges with the limitless potential of these three lots, awaiting transformation into a single family residential or multi-family masterpiece integrated into the fabric of city life. This isn't just real estate; it's an invitation to weave dreams into a thriving community.
Location
State OR
County Multnomah
Area _148
Zoning RM1d
Exterior
Utilities Available CableAvailable, ElectricityAvailable, PublicSewer, WaterAvailable
View City, Seasonal
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Chapman
Middle Schools West Sylvan
High Schools Lincoln
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025