Mixed-Use Land for Sale in Portland, Oregon

3411 SE 69th Ave Portland, OR 97206

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$649,500
0.26 acres
Active sale$100k dropEst $5,274/mo

Prime Development Opportunity in Portland's Thriving Market.Investors, builders, and developers - this is your chance to capitalize on a rare opportunity in the heart of Portland! Situated on a spacious 0.26-acre lot, this property is zoned RM1 in Multnomah County, making it ideal for multi-family development. Priced competitively, this lot is ripe for transformation into a high-demand residential complex.Key Features:Zoning: RM1 - Perfect for multi-family units, townhomes, or apartment buildings. Lot Size: 0.26 acres - ample space for creative development and maximizing ROI. Location: Prime SE Portland location, offering convenient access to local amenities, schools, parks, and public transportation. Potential: The RM1 zoning allows for the development of up to four stories of residential units, catering to the increasing demand for housing in Portland's bustling real estate market. Neighborhood: Located in a vibrant community known for its strong rental market, this property promises steady rental income and long-term growth potential.Why This Property?Strategic Investment: Portland's real estate market continues to flourish, with high demand for well-located, multi-family properties. This lot offers investors the perfect opportunity to build and capitalize on this trend. Flexible Development Options: Whether you envision modern townhomes, a boutique apartment building, or a mixed-use development, this property's zoning and lot size offer incredible flexibility. High ROI Potential: The combination of location, zoning, and lot size makes this property a high-yield investment. Develop a property that will attract long-term tenants and provide consistent rental income. Don't miss out on this exceptional development opportunity in one of Portland's most sought-after neighborhoods. Contact us today to schedule a viewing or to discuss the potential this prime property holds for your investment portfolio.Act Now - Opportunities Like This Don't Last Long!

Directions

Powell to L on SE 69th Ave

Location

Street Address
3411 SE 69th Ave
Elevation
233 feet
Coordinates
45.4981, -122.5926

Property details

Zoning
RM-1
MLS Number
RMLS 24693324
Date Posted

Property taxes

Recent
$6,748

Parcels

  • R333257

Legal description

This 0.26-acre property is located at 3411 SE 69th Ave in Portland, OR 97206 with latitude 45.4981 and longitude -122.5926. The property is currently available for sale for $649,500 with a price per acre of $2,498,077. Listing data is sourced from Regional Multiple Listing Service # 24693324.

Verify sale details at the property source or contact Keller Williams Realty Professionals at (503) 546-9955.

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Copyright (C) 2024 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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