0.31 Acres of Land for Sale in Portland, Oregon

4381 NE Prescott St, Portland, OR 97218

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0.31 Acres of Land for Sale in Portland, Oregon
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$1,700,000
0.31 acres
Active sale agoEst $16,261/mo

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

Directions

NE Prescott, west of NE 42nd Avenue

Property details

County
Multnomah County
Coordinates
45.5559, -122.6179
Zoning
RM1
Elevation
207 feet
MLS Number
RMLS 23465308
Date Listed

Legal description

STEIGERWALD ADD, BLOCK 3, LOT 15&16 TL 16401

Parcels

  • R707258

Property taxes

Year not provided
$3,787

This 0.31-acre property is located at 4381 NE Prescott St in Portland, OR 97218 with latitude 45.5559 and longitude -122.6179. The property is currently available for sale for $1,700,000 with a price per acre of $5,483,871. Listing data is sourced from Regional Multiple Listing Services # 23465308.

Verify sale details at the property source or contact Knipe Realty ERA Powered at (360) 904-4463.

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Listing checked and updated . Parcel data by Regrid.

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Land for sale in Portland, OR