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5252 SE 18th Ave 0.16 Acres of Commercial Land Offered at $459,900 in Portland, OR 97202
INVESTMENT HIGHLIGHTS
- Popular Sellwood/Moreland neighborhood
- Floor area ratio of 1.5 and 45' height limit
- Blocks to Max Light Rail station
- Bonus density available
PROPERTY FACTS
| Price | $459,900 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | ||
| Zoning | RM2 | ||
| Price | $459,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.16 AC |
| Zoning | RM2 |
1 LOT AVAILABLE
Lot
| Price | $459,900 | Lot Size | 0.16 AC |
| Price Per AC | $2,829,962.28 |
| Price | $459,900 |
| Price Per AC | $2,829,962.28 |
| Lot Size | 0.16 AC |
A great multifamily development site in the popular Sellwod/Moreland neighborhood. The flat site has a clean environmental report and a GeoTec report. Previously planned, engineered, and approved for a four-story 38-unit multifamily building.
DESCRIPTION
5252 SE 18th Avenue is located in Portland's vibrant Sellwood Moreland neighborhood. The area is known for its historic homes, charming cafes, and local breweries. It is just a short walk to the Willamette River, where you can enjoy the views of Mount Hood and the city skyline. The site is close to the shopping and dining options of nearby Hawthorne and Division Streets, as well as the city's vibrant arts scene. Located just three miles south of downtown Portland and over the Sellwood Bridge, the Sellwood Moreland neighborhood is brimming with unique shops, tasty food, and fabulous adventures. Steps away from natural beauty but also close to many wonderful shops and services, Sellwood Moreland is one of the most walkable neighborhoods in Portland.
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5252 SE 18th Ave
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