4381 NE PRESCOTT ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97218
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23465308
Annual Tax Amount $3,787
Tax Year 2022
Lot Size 0.310 Acres
Property Description
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.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Exterior
Utilities Available CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,PublicSewer,WaterAvailable
Waterfront No
Garage No
Building
Lot Description Cleared, Public Road
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Jefferson
Others
Acceptable Financing CallListingAgent,Cash,Conventional
Listing Terms CallListingAgent,Cash,Conventional