$ 450,000
2359 SE 124TH AVE Portland, OR 97233
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Listed by RE/MAX Northwest
$ 450,000
Est. payment | /mo
0.43 Acres Lot
$ 450,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24371497
Annual Tax Amount $5,573
Tax Year 2023
Lot Size 0.430 Acres
Property Description
Opportunity awaits! This property is ideally located close to mass transportation, shopping, and entertainment. With an existing foundation in place from a 10-unit building, you possibly have the option to use the existing foundation or build new for higher density. - The property is situated in a CM2 zone, a medium-scale, commercial mixed-use zone perfect for sites in various centers and corridors, other mixed-use areas with frequent transit, or larger areas designated for multi-dwelling development. Buildings in this zone can typically be up to four stories, with potential bonuses allowing up to five stories in some locations. - Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units near transit. Specific allowable uses in this zone include retail sales and services, office space, household living, vehicle repair, institutional uses, and limited manufacturing. - Buyers are advised to verify all information and conduct their own due diligence.
Location
State OR
County Multnomah
Area _143
Zoning CM2d
Exterior
Utilities Available CableConnected, ElectricityConnected, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools Mill Park
Middle Schools Other
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025