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5205 SE 18th Ave

59 Unit Block of Flats £1,775,250 (£30,089/Unit) Portland, OR 97202

Investment Highlights

  • Popular Sellwood Moreland neighborhood - Two blocks to TriMet MAX Light Rail Station
  • Legacy 2019 SDC fees
  • Erosion Control measures installed and inspected
  • Building permits have been issued
  • Site comes with plans, engineering, entitlements & rights
  • Ready to start construction immediately

Executive Summary

5205 SE 18th Avenue is a 10,000 square foot, 59-unit multifamily development site. Permits have been issued by the City of Portland. 2019 System Development Charge (SDC) fees have been locked in at 2019 SD Crates with a deferral agreement in place. The property comes with all plans, engineering, entitlements, and rights. Construction could start immediately.

Attachments

5205 SE 18th Avenue | Sale Brochure

Property Facts

Price £1,775,250 Building Class A
Price Per Unit £30,089 Lot Size 0.23 AC
Sale Type Investment Construction Status Proposed
No. Units 59 Building Size 59,000 SF
Property Type Residential Number of Floors 6
Property Subtype Apartment Year Built 2025
Apartment Style Mid Rise
Price £1,775,250
Price Per Unit £30,089
Sale Type Investment
No. Units 59
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 0.23 AC
Construction Status Proposed
Building Size 59,000 SF
Number of Floors 6
Year Built 2025
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5205 SE 18th Ave, Portland, OR - aerial map view
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R181790 Improvements Assessment £0
Land Assessment £120,930 Total Assessment £120,930

PROPERTY TAXES

Parcel Number
R181790
Land Assessment
£120,930
Improvements Assessment
£0
Total Assessment
£120,930

zoning

Zoning Code RH (Residential High Density)
RH (Residential High Density)
(503) 227-2500

  • Listing ID: 28128825

  • Date on Market: 03/04/2023

  • Last Updated:

  • Address: 5205 SE 18th Ave, Portland, OR 97202

The Sellwood-Moreland Residential Property at 5205 SE 18th Ave, Portland, OR 97202 is currently available. Contact Macadam Forbes, Inc. for more information.

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5205 SE 18th Ave, Portland, OR for sale Aerial- Image 1 of 4
5205 Aerial
5205 SE 18th Ave, Portland, OR for sale Building Photo- Image 2 of 4
5205 SE 18th Ave
5205 SE 18th Ave, Portland, OR for sale Other- Image 3 of 4
5205 Rendering

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5205 SE 18th Ave
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5205 SE 18th Ave

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(503) 227-2500

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