23 NE 151st Ave - 1 Acre Transit-Oriented Development
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23 NE 151st Ave - 1 Acre Transit-Oriented Development
1 Acre of Residential Land Offered at £938,940 in Portland, OR 97233
Investment Highlights
- Conceptual Massings for 104 Unit Multifamily Building, Studio, One-Bed and Two-bed Unit Mix
- Site located within the Qualified Census Tract (QCT)
- RM2dh Zoning Allows for Residential, Retail, Office, and Other Uses
- Within Walking Distance to Multiple Local Restaurants and Retailers
Executive Summary
+/- 1 AC Development Opportunity in Portland
Part of the Portland QTC • Multifamily Conceptual Massing Available
--------------------
Total Land Available: +/- 1.00 AC (43,400 SF)
Zoning: RM2dh
FAR: 1.5 + 0.5 IH Bonus
Max Height: 100' (Stepdowns Required)
Sale Price: $1,200,000 ($27.65/SF)
Part of the Portland QTC • Multifamily Conceptual Massing Available
--------------------
Total Land Available: +/- 1.00 AC (43,400 SF)
Zoning: RM2dh
FAR: 1.5 + 0.5 IH Bonus
Max Height: 100' (Stepdowns Required)
Sale Price: $1,200,000 ($27.65/SF)
Property Facts
| Price | £938,940 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Price | £938,940 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.00 AC |
1 Lot Available
Lot
| Price | £938,940 | Lot Size | 1.00 AC |
| Price Per AC | £942,427 |
| Price | £938,940 |
| Price Per AC | £942,427 |
| Lot Size | 1.00 AC |
Off E Burnside St and NE 148th Ave Near Glenfair Park and Glendoveer Nature Exercise Trails Walking Distance to the East 148th Ave MAX Light Rail Station (Blue Line)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | R109824 | Improvements Assessment | £0 |
| Land Assessment | £143,540 | Total Assessment | £143,540 |
PROPERTY TAXES
Parcel Number
R109824
Land Assessment
£143,540
Improvements Assessment
£0
Total Assessment
£143,540
zoning
| Zoning Code | RM2 (The RM2 zone is a medium-scale multi-dwelling zone applied in and around centers and corridors.) |
| RM2 (The RM2 zone is a medium-scale multi-dwelling zone applied in and around centers and corridors.) |
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23 NE 151st Ave - 1 Acre Transit-Oriented Development
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