6968 N Montana Ave
Portland, OR 97217
North Montana Street Land · Land For Sale
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0.16 AC
Investment Highlights
- Four blocks from light rail
- Parking not required for developments under 30 units
- Zoned to accommodate medium to high density residential
Property Facts
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | RM3 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.16 AC |
| No. Stories | 1 |
| Zoning | RM3 |
Description
The 6968 N. Montana Avenue land site is an ideal infill development site for multifamily construction. Nestled away in the growing, close-in Arbor Lodge neighborhood of North Portland, this site is just four blocks from the region's light rail line, providing convenient mass transit access to downtown Portland and the greater metro area. Several major grocery store chains, schools, and parks are also within walking distance of the property. The zoning allows a 2:1 density FAR by right or 3:1 with bonus provisions and a height limit of 65 feet. Parking is not required for projects with fewer than 30 units. The property is also within the Interstate Corridor Urban Renewal Area - a 3,990-acre swath of land created by the city economic development agency to spur mixed-use development and investment along the light rail line.
Property Taxes
| Parcel Number | R171867 | Improvements Assessment | $0 |
| Land Assessment | $101,600 | Total Assessment | $101,600 |
Property Taxes
