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Listed by Berkshire Hathaway HomeServices NW Real Estate
$2,500,000
Est. payment /mo
0.85 Acres Lot
New
4822 N VANCOUVER AVE Portland, OR 97217
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 164143272
Year Built 1969
Tax Year 2024
Lot Size 0.850 Acres
Property Description
This property is currently used as a church facility. Located in the heart of the N Vancouver district between N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland's most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see land listing #324731957. See attached Developer's Package. City of Portland Zoning information link is also attached shown as "Other".
Location
State OR
County Multnomah
Area _141
Zoning RM2
Interior
Heating Other
Exterior
Garage No
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Boise-Eliot
Middle Schools Harriet Tubman
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.portland.gov/ppd/zoning-land-use/zoning-code-overview/base-zones#multi
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