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215 5th St - 215 W 5th Street Lafayette 6.36 Acres of Residential Land Offered at $949,000 in Lafayette, OR 97127
INVESTMENT HIGHLIGHTS
- 50+ Unit Potential Confirmed
- Utilities Available at Street
- Largest R-2 Zoned Vacant Parcel in Lafayette
- Proximity to 99W and Regional Access
- Walkable Location
PROPERTY FACTS
| Price | $949,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 6.47 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | R-2 - Allows for flexible residential development such as duplexes, townhomes, or small multi-family units. | ||
| Price | $949,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 6.47 AC |
| No. Stories | 1 |
| Zoning | R-2 - Allows for flexible residential development such as duplexes, townhomes, or small multi-family units. |
1 LOT AVAILABLE
Lot
| Price | $949,000 | Lot Size | 6.36 AC |
| Price Per AC | $149,213.84 |
| Price | $949,000 |
| Price Per AC | $149,213.84 |
| Lot Size | 6.36 AC |
The site’s relatively flat topography reduces site preparation costs. As an infill parcel, it's surrounded by existing infrastructure and services.
DESCRIPTION
215 5th Street is located in the heart of Lafayette, a charming and rapidly growing community in Yamhill County. Ideally situated between McMinnville and Newberg along Highway 99W, Lafayette offers convenient access to major employment hubs, wineries, and recreational destinations throughout Oregon’s renowned Willamette Valley. The property is within walking distance to local parks, schools, and essential amenities, making it an attractive location for residential development. Its central location in a well-connected small town provides a rare balance of lifestyle, affordability, and accessibility. As the region continues to grow, Lafayette is increasingly sought after by developers looking to meet the demand for quality housing in a livable, community-oriented setting.
PROPERTY TAXES
| Parcel Number | 122637 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,323 |
PROPERTY TAXES
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215 5th St - 215 W 5th Street Lafayette
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