Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.
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.
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.
Land
MixedUse
--
--
--
0.3
Active
121
-- Sq. Ft.
13,068 Sq. Ft.
Location
- No
Janice Lundy
Berkshire Hathaway HomeServices NW Real Estate
Multnomah
24494866
SubjectToTenantRights
This content last updated on 03/31/2025 12:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Average List Price
$375,615
11%
Average Sale Price
$374,778
10%
Days on Market
48
3%
Homes Sold
62
44%
Median List Price
$385,000
4%
Median Sale Price
$385,000
5%
Sale/Price Ratio
100%
1%
Homes for Sale
41
47%
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Realoq Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 03/31/2025 12:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing content is © 2025 RMLS, Portland, Oregon.
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