Developer’s Dream! – Oversized Lot with Unbeatable Location!Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a variety of housing types. Developers can explore options such as a 6-unit apartment complex, single-family dwellings, rowhouses, duplexes, triplexes, fourplexes, or adding accessory dwelling units (ADUs). Buyer to do all due diligence.With its prime inner Southeast location, this property is perfectly positioned for a multitude of projects. The unbeatable setting provides easy access to some of Portland's vibrant amenities, including Double Barrel Tavern, Spielman Bagels, Nossa Familia Coffee, New Seasons & People’s Food Co-op, a stone's throw to Ladd’s Addition, & Abernethy Elementary School, making it the perfect spot to create desirable housing.Whether you’re considering a rehab & flip, teardown to build a multifamily property or envisioning multiple units for rental income, this diamond in the rough offers unmatched potential. Don’t miss this rare opportunity to shape a profitable investment in one of Portland’s most walkable and dynamic neighborhoods.
Developers wanted...Developers dream with Cm2 zoning buyer to verify building requirements Great Building site in highly sought after Sellwood neighborhood. There are multi family buildings on each side. this is a great opportunity to build in one of Portland's best neighborhoods. Great opportunity for future development ..
Nice Level VACANT LOT in existing SE Portland Richmond neighborhood. Close-in location just off SE Division Street and SE Cesar Chavez Boulevard with fantastic access to local shopping, restaurants, and public transportation. City of Portland has current Zoning at R 2.5, Buyer to do due diligence with City of Portland on what can be developed in addition to a Single Residence. House was removed by Government for Mount Hood Highway in the early 1970's and has been a vacant lot thereafter.
Here’s your chance to seize an incredible opportunity in the heart of Sellwood! This prime piece of land is ready for development and offers endless possibilities for multi-family on single-home construction in one of Portland’s most sought-after neighborhoods. Imagine building just steps from the riverfront, with easy access to charming shops, trendy restaurants, the local library, and everything Sellwood has to offer. Whether you're a developer looking to create a dream community or an investor with a vision, this unbeatable location provides the perfect backdrop for your next project. Contact the listing agent today for a Developer's Packet detailing the variety of building options available. Don’t miss out on this rare opportunity to shape the future of Sellwood living!
Fantastic corner lot in Sellwood. With CM2 zoning it could become an office building, an apartment building, or a mixed use development with offices or shops on the main floor and apartments above - the options are endless. Note that the lot was recently divided so it is 5,000 SF, not the 10,000 that shows up on PortlandMaps.
This property is ideal for development as it sits on a corner lot and is in close proximity to one of the city's most desirable neighborhoods. It has CM2 zoning which allows for multi-family development up to 45' as well as residential, commercial and mixed-use development. Located in Sellwood, this property is just steps from some of Portland's best restaurants, shops, and parks. The neighborhood is known for its friendly community and beautiful tree-lined streets, making it a perfect location for your next project. $2300/mo existing income.
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 97202 has a population of 647,176. Portland 97202 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 97202 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 97202 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.