4381 NE PRESCOTT ST, Portland OR, 97218

Active

4381 NE PRESCOTT ST

Portland OR, 97218

$1,700,000

$125.90 per sqft

Active

0.31 Acres

Land

Courtesy of Knipe Realty ERA Powered [email protected]

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

23465308

MLSⓇ ID

May 2, 2023

Listed

May 9, 2024

Updated

Map

4381 NE PRESCOTT ST
Portland OR, 97218

Exterior/Building Features

Lot Size: 0.31 Acres
Lot Features: Cleared, Public Road

School Information

High School: Jefferson
Elementary School: Vernon

Other Property Details

Area Name: _142
Taxes: $3,787
Tax Frequency: Annually
Days on Market: 286
Garage: No
View: No
County: Multnomah
Pool: No
Zoning: RM1
Buyer Agency Compensation: 2.5%

Courtesy of Knipe Realty ERA Powered, Daniel Silvey
Listing Contact: [email protected]

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This content last updated on 5/9/2024, 10:05 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.