$749000
Price cut: $126K (06-26-2025)
1 Bed
1 Bath
880 SqFt
115 DOM
Built: 1934
Real Estate Agent
(503) 336-1515This prime development property offers an exceptional opportunity in Portland's Gateway area, featuring the highest density allowed in residential zones. Ideal for multi-unit development, the site is perfectly positioned for growth, with similar projects already successfully developed nearby. With its strategic location and zoning, this property presents endless potential for developers looking to capitalize on the increasing demand for high-density residential living in a rapidly expanding neighborhood. Don’t miss the chance to create a valuable addition to this thriving area. The area consists of two lots totaling .28acres, located in a high-opportunity area that offers affordable housing in a walkable neighborhood. With easy access to active transportation, employment centers, and a range of services and amenities, the location significantly enhances the overall quality of life for its residents. SDC fees exemption may apply. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233461]
Listing Provided Courtesy of Lyudmila Leissler, Windermere Realty Trust
544324455
SingleFamilyResidence
115 DOM
1
0.28 acres
1
880
1934
RXd
Multnomah
R319677
Jason Lee
Jason Lee
David Douglas
Residential
SingleFamilyResidence
SECTION 33 1N 2E, TL 5100 0.21 ACRES
Listing Provided Courtesy of Lyudmila Leissler, Windermere Realty Trust
Mohan Realty Group data last checked: Jul 17, 2025 02:05 | Listing last modified Jun 26, 2025 16:01,
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