23 NE 151st Ave - 1 Acre Transit-Oriented Development 1 Acre of Residential Land Offered at $1,660,956 CAD 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
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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 | $1,660,956 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.00 AC |
| Zoning | RM2 - The RM2 zone is a medium-scale multi-dwelling zone applied in and around centers and corridors. |
1 LOT AVAILABLE
Lot
| Price | $1,660,956 CAD |
| Price Per AC | $1,667,124.36 CAD |
| 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 CAD |
| Land Assessment | $263,764 CAD | Total Assessment | $263,764 CAD |
