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340 NE Marine Dr - 340 NE Marine Drive, Portland, OR 97211-1000 2.83 Acres of Residential Land Offered at $1,600,000 in Portland, OR 97211
Investment Highlights
- 3 level tax lots that can be subdivided
- Easy access to freeways and Portland International Airport. Motivated seller.
- Single family, multi-family, can be subdivided into duplexes, triplexes or fourplexes
Executive Summary
Parcel numbers: R272914, R272915, & R272923
Zoning: R-10
Easy access to I-5 and 205 freeways and Portland International Airport. Motivated seller.
Property Facts
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 2.83 AC |
| Price Per AC | $565,371.02 |
| Price | $1,600,000 |
| Price Per AC | $565,371.02 |
| Lot Size | 2.83 AC |
Three (3) level tax lots that can be subdivided into duplexes, triplexes or fourplexes per Residential Infill Project Part 2 or subdivided into 10,000 SF single family lots. Located just one block off the Columbia River.
Description
This 2.83-acre contiguous parcel assembly offers prime residential development potential in a highly accessible North Portland submarket, with seamless connectivity to I-5 and I-205. The site features an occupied 3BR/2BA manufactured home (1997 build) plus a 1,920 SF garage/shop, underpinned by zoning that enables duplex/triplex/fourplex infill via Residential Infill Project Part 2 or subdivision into 10,000 SF single-family lots. Public water and sewer available. Motivated seller.
Presented by
Navigate Commercial Real Estate
340 NE Marine Dr - 340 NE Marine Drive, Portland, OR 97211-1000
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