Sale includes property at 7606 NE MLK Blvd & 521 NE Russet St (1.58 Acres) and includes a total of 7 tax lots. Currently used as automotive shop but zoning allows for multiple uses. Current Zoning CE & EG2. Tax parcels including: 1N1E11CC 00700, 1N1E11CC 00800, 1N1E11CC 00900, 1N1E11CC 01200, 1N1E11CC 01300, 1N1E11CC 01400, and 1N1E11CC 01500 Appointment Only.
Parklike setting with just under an acre on the Buffalo Slough. Unique property- Zoned IG2- many options- Urban farm life or business. 3 tax lots. Massive orchard with fruit trees, chicken coop, RV parking. Property has irrigation rights and natural spring. Backyard access to the Buffalo Slough- perfect spot for wildlife watching or kayaking. Basement with bonus room and bathroom. Newer electric panel, furnace/AC replaced 2018, windows replaced 2016. Cat 6 high speed internet wires throughout house.
DO NOT DISTURB TENANTS OR ENTER MARINA WITHOUT LISTING AGENT: Sale includes tax parcels: P652253 & R314262. On Land: 616 sq. ft., 1 level, 1 bedroom/1 bathroom apartment with Columbia River views. 520 sq. ft. workshop, garage & storage. 31 paved, assigned parking spaces. On River: rented slips to 7 floating homes. 17 boat slips. Land & water: approx 1.23 acres.Rent increase opportunity 2/28/24. Electricity is separately metered or sub-metered. Water, sewer & garbage are included in rent. All tenants month to month. Lots of information available for review. Excellent income opportunity with room for expansion in the water. Rare submerged land ownership negating the need for a DSL lease saving the owner thousands. Located on the Columbia River Slough surrounded by neighboring marinas and yacht clubs. Minutes to freeways, airport, DT Portland and Vancouver, WA. All information to be deemed accurate at the time of input but may vary due nature and type of investment. Income numbers are approximate due to a few current end of year vacancies. Considered actual if fully occupied. Apartment currently vacant.
Bring your investor client for an opportunity in inner NE Portland to add you own ideas for a building that is zoned CM3.
The median home value in Portland, OR is $537,200. This is higher than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Portland, OR is $537,200. Approximately 50.37% of Portland homes are owned, compared to 44% rented, while 5.63% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon 97211 has a population of 647,176. Portland 97211 is less family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon 97211 is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland 97211 is 37.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.