$1250000
Price cut: $250K (10-16-2025)
Bed
Bath
SqFt
324 DOM
Built:
Real Estate Agent
(503) 336-1515Reduced price! Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Tenants in property now. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic. Fenced and gated. Flexible terms.
Listing Provided Courtesy of Janice Lundy, Berkshire Hathaway HomeServices NW Real Estate
24494866
MixedUse
324 DOM
0.3 acres
RHT, RX
Multnomah
R179237
Vestal
Roseway Heights
Leodis McDaniel
Land
MixedUse
Hermon Heights, Block 1, Lot 1, TL 500
Listing Provided Courtesy of Janice Lundy, Berkshire Hathaway HomeServices NW Real Estate
Mohan Realty Group data last checked: Oct 20, 2025 12:51 | Listing last modified Oct 19, 2025 15:40,
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