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East Portland Development Site 3 Land Properties Offered at $1,725,000 in Portland, OR

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INVESTMENT HIGHLIGHTS

  • Significant Opportunity for Large Scale Townhome or Multifamily Development
  • Lots are Available Together
  • Existing Site Condition Includes Several Detached Single-Family Homes
  • Minimum Density is 1 Unit per 2,500 SF

EXECUTIVE SUMMARY

±2.56 Acre East Portland Development Site
4 Adjacent Tax Lots • Within Portland QTC
Combined Lot Size: ± 2.56 Acre (± 111,513 SF)
Lot A: ±1.04 Acre (±45,302 SF)
Lot B: ±0.50 Acre (±21,630 SF)
Lot C: ±0.68 Acre (±29,792 SF)
Lot D: ±0.34 Acre (±14,861 SF)
Zoning: RM1dh - Residential Multi-Dwelling 1
Sale Price: $1,725,000 ($15.47 psf)
*Some Homes are Occupied, Do Not Disturb Tenants*

PROPERTY FACTS

Price $1,725,000
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Land Area 1.52 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE INDIVIDUAL PRICE
403-409 NE 156th Ave, Portland, OR 97230 Land 0.68 AC -
329 NE 156th Ave, Portland, OR 97230 Land 0.50 AC -
411 NE 156th Ave, Portland, OR 97230 Land 0.34 AC -
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  • Listing ID: 35025453

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: East Portland Development Site, Portland, OR

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