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Listed by Real Estate Investment Group
$ 1,475,000
Est. payment | /mo
1.89 Acres Lot
$ 1,475,000
Est. payment | /mo
1.89 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24590249
Annual Tax Amount $9,203
Tax Year 2024
Lot Size 1.890 Acres
Property Description
Prime 1.89-Acre Development Site in Portland – Zoned Corridor Multi-Family (CMF)Located at 1104 NE 181st Ave in Portland, Oregon, this spacious 1.89-acre parcel offers an exceptional development opportunity in a rapidly growing area. Zoned Corridor Multi-Family (CMF), this lot is ideally suited for multi-family residential projects, offering the potential for high-density housing in a highly accessible location.The property enjoys excellent connectivity with major roads, including Interstate 84 and NE Halsey St, providing easy access to downtown Portland and the surrounding metro area. With a strong mix of residential and commercial properties in the area, this location offers both convenience and the potential for strong demand in multi-family housing development.The generous size of the lot allows for flexible planning, with ample space to design and develop a variety of multi-family units, while still benefiting from Portland's growing need for housing. Local amenities, including parks, schools, shopping centers, and public transit, are just minutes away, enhancing the attractiveness for future residents.
Location
State OR
County Multnomah
Area _142
Zoning CMF
Exterior
Utilities Available Other
Garage No
Schools
Elementary Schools Hartley
Middle Schools H.B. Lee
High Schools Grant
Others
Acceptable Financing Cash
Listing Terms Cash
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025