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4037 N Williams Ave - North Williams Multifamily Development 0.27 Acres of Commercial Land Offered at $1,593,000 in Portland, OR 97227



Investment Highlights
- Significant Price Reduction for Quick Sale
- All architectural plans and Seller DD included in sale
- Previously approved: 2, 30 Unit Projects + Ground Floor Retail
- Located in the MULTE Property Tax Exemption area
- 2 Lots together 4037 & 4043 N Williams
- Phenomenal location nearby many amenities
Executive Summary
Two 30-Unit Permit Ready Development Opportunities in N Portland
2 Lots Available Together • Multifamily and Retail Space
--------------------
REDUCED Sale Price: $1,593,000 Combined
Units: 2 Buildings with 30 Units Each (60 Units Total)
Retail: Ground Level
Zoning: CM3 Commercial / Mixed Use
Gross Land Area: 11,800 SF
2 Lots Available Together • Multifamily and Retail Space
--------------------
REDUCED Sale Price: $1,593,000 Combined
Units: 2 Buildings with 30 Units Each (60 Units Total)
Retail: Ground Level
Zoning: CM3 Commercial / Mixed Use
Gross Land Area: 11,800 SF
Property Facts
| Price | $1,593,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.27 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CM3 - Zoning: CM3 Commercial / Mixed Use | ||
| Price | $1,593,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.27 AC |
| No. Stories | 1 |
| Zoning | CM3 - Zoning: CM3 Commercial / Mixed Use |
1 Lot Available
Lot
| Price | $1,593,000 | Lot Size | 0.27 AC |
| Price Per AC | $5,880,594.04 |
| Price | $1,593,000 |
| Price Per AC | $5,880,594.04 |
| Lot Size | 0.27 AC |
• 2 Lots together 4037 & 4043 N Williams • Boise Neighborhood in North Portland • CM3 Zoning • Blocks away from TriMet Bus Lines
Description
Significant Price Reduction for Quick Sale Located in the MULTE Property Tax Exemption area All architectural plans and Seller DD included in sale 2 Lots together 4037 & 4043 N Williams Previously approved: 2, 30 Unit Projects + Ground Floor Retail Phenomenal location nearby many amenities
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Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $285,210 | Total Assessment | $285,210 |
Property Taxes
Parcel Numbers
Land Assessment
$285,210
Improvements Assessment
$0
Total Assessment
$285,210
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4037 N Williams Ave - North Williams Multifamily Development
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