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Listed by Portlandia Properties, LLC
$ 495,000
Est. payment | /mo
0.37 Acres Lot
$ 495,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24268591
Annual Tax Amount $4,965
Tax Year 2023
Lot Size 0.370 Acres
Property Description
Easy to build flat land with a decent home zoned for apartments in wonderful close-in Montavilla. The zoning is RM1 which allows a 16,000 sq ft building 3 stories tall, or 24,000 sq ft with bonuses. There is no set limit on the number of units, just on the size of the building. Buyer to do their own due diligence on zoning. The house is a 1,174 sq ft, 3 bedroom, 1 bath home, built in 1940. Rent while you plan your project or have an urban farm. Walk to Mt Tabor or PCC. Walk Score 76, Bike Score 99! On a beautiful Neighborhood Greenway. Walk or bike to Mt Tabor, PCC, and the many restaurants on Stark and Division
Location
State OR
County Multnomah
Area _143
Zoning RM1
Exterior
Utilities Available CableConnected, ElectricityConnected, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools Clark
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Don Johnson, PC
Principal Broker | Lic# 910900068