Rare lot in beautiful and walkable inner SE Portland Neighborhood! The lot is walkable to Laurelhurst Park, and all the wonderful restaurants on Burnside, Stark, Belmont, Hawthorne, and 28th. The land is flat and easy to build on. Allowed uses include a single family house with up to 2 ADU's, a duplex, triplex, or fourplex. Other uses possible. Buyer to be responsible for their own due diligence. Wonderful Schools: Buckman Elementary, Hosford Middle, and Cleveland High School. Walk Score 94, Bike Score 93, Walker's and Biker's Paradise.
Incredible development potential in ideal location. Zoned RM2 for multi-family density purposes or potential commercial use. Buyer to do own due diligence on usage. No sign installed.
Excellent development opportunity blocks from the center of Hawthorne! Build your dream home or your next investment plex or small apartment building. 4140 s.f. lot (50' by 83') with RM2 zoning offers many options with base FAR of 1.5, and can increase to a FAR of 2.25 with affordable housing bonuses. Seller financing may be available for developers that seek financing as they pursue permits. 20' wide easement on northern portion of property for parking/access may limit future owner's building envelope. Feel free to call to discuss.
Rare piece of land in the heart of the city is 5,000sf and sits in the RM2 zone as well as the new Better Housing by Design area, this parcel is ready for construction of a new multi-family dwelling with higher density options than previously allowed by the city! Maximize the space in this high rent, high demand location and make this an amazing income creating investment opportunity!
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 97214 has a population of 647,176. Portland 97214 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 97214 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 97214 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.