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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*
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 | Number of Properties | 3 |
| Sale Type | Investment NNN | Individually For Sale | 0 |
| Status | Active | Total Land Area | 1.52 AC |
| 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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East Portland Development Site
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