Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Tenants in property now. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf
Searching for a vacant lot for your new dream home? Look no further. Great opportunity to build a custom home on this 0.18A lot. Buyer to verify buildability and perform due diligence. Vacant lot abutting south side of this lot is also for sale see MLS 24184079.
Calling all builders! Don't miss this opportunity to purchase a 0.14A daylight lot with permit ready plans. The approved plans are for a 4 bedroom plus media room/5th bedroom, 3.1 bath 3,196sf house with two cantilevered decks and concrete foundation (NO stilts). Utilities are in the street. Buyer to verify all information. An additional 0.18A vacant lot abutting north side of this lot for sale - See MLS 24590573.
The Views! Come build your dream home with downtown Portland views. Or, if you build it, they will come'. And when you do, they'll say "This is AMAZING!" In VISTA VIEW ESTATES, this is one of the last lots that offer a fantastic view. Street utilities available. Stroll up to Rocky Butte Parks for 360-degree view of Mountains, Portland Skyline & Columbia River.
Whether it's the SW views, the gently winding road (complete w/ tunnel!) or the lovely surrounding homes - the potential and wonderful features of this lot are all here and ready to be utilized. Stroll up to Rocky Butte Park with 360-degree view of mountains, Portland skyline & Columbia River. With its driveway already in place & full suite of street utilities available, the engine to your dream home is already revving! Check out the video tour, call your favorite builder & let your ideas start flowing! Buyer due diligence.
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 97220 has a population of 647,176. Portland 97220 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 97220 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 97220 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.