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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
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 324731957
HOA Y/N No
Lot Size 0.850 Acres
Property Sub-Type Multi Family
Property Description
Located in the heart of North Portland near the 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 Multi-Family listing #164143272. 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
Exterior
Utilities Available ElectricityConnected, PhoneConnected, Power500FeetPlus, PublicWater500FeetPlus, WaterConnected
Garage No
Schools
Elementary Schools Boise-Eliot
Middle Schools Harriet Tubman
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Virtual Tour https://www.portland.gov/ppd/zoning-land-use/zoning-code-overview/base-zones#multi
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