2535 SE 89TH AVE Active

Portland,OR 97266

$ 1600000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24134893

Annual Tax Amount $4,881

Tax Year 2023

Lot Size 0.370 Acres

Property Description

.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Exterior

Utilities Available ElectricityAvailable,SewerConnected,WaterConnected

View Territorial

Garage No

Schools

Elementary Schools Clark

Middle Schools Harrison Park

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash,Contract,Conventional,OwnerWillCarry,SellerEquityShare,Trade

Listing Terms Cash,Contract,Conventional,OwnerWillCarry,SellerEquityShare,Trade

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