Attention builders and investors! Vacant land for sale in the Cully neighborhood, zoned RM1. This is a prime opportunity to develop in a growing area. Idea for multi-family units or townhomes. Buyer to do due diligence regarding potential uses. Don't miss out on this investment!
Excellent mixed-use CM2 development opportunity in the Cully neighborhood on the high visibility corner of NE Cully and NE Mason. The lot located at 4120 NE CULLY BLVD can be purchased as well, see MLS ID 24152501. Sellers prefer to sell both lots as a single transaction (combined price $760,000). Both lots combined are approximately 12,162 sqft. Views of Mt. St. Helens, public transportation with bus line 71, a walk score of 66 and Bike score of 75. Buyer to do their own due diligence.
Excellent mixed-use CM2 development opportunity in the Cully neighborhood on the high visibility corner of NE Cully and NE Mason. The lot located at 5819 NE MASON ST can be purchased as well, see MLS ID 24297667. Sellers prefer to sell both lots as a single transaction (combined price $760,000). Both lots combined are approximately 12,162 sqft. Views of Mt. St. Helens, public transportation with bus line 71, a walk score of 66 and Bike score of 75. Buyer to do their own due diligence.
With almost a half-acre of R7-zoned land in prime Cully, this is the opportunity you've been looking for. Think apartments, townhomes, or a cottage cluster. This location is perfect for new residential development as Mason Street will be part of a new neighborhood greenway promoting low traffic/low speed roadways friendly to bikes and pedestrians. The Seller completed a conditions survey and tree survey in 2021 which can be shared. The existing structures are of no value and Buyers are advised to do their own due diligence. Must close simultaneously with the adjoining lot (MLS#24067188).
With almost a half-acre of RM1-zoned land in prime Cully, this is the opportunity you've been looking for. Think apartments, townhomes, or a cottage cluster. This location is perfect for new residential development as Mason Street will be part of a new neighborhood greenway promoting low traffic/low speed roadways friendly to bikes and pedestrians. The Seller completed a conditions survey and tree survey in 2021 which can be shared. The existing structures are of no value and Buyers are advised to do their own due diligence. Must be close simultaneously with adjoining lot (MLS# 24234342).
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.
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 97218 has a population of 647,176. Portland 97218 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 97218 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 97218 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.