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Listed by Real Estate Investment Group
$1,200,000
Est. payment /mo
1 Acres Lot
UPDATED:
11/25/2024 01:32 PM
Key Details
Property Type Vacant Land
Sub Type Residential Recreational
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24490526
Annual Tax Amount $4,152
Tax Year 2023
Lot Size 1.000 Acres
Property Description
Welcome to a prime piece of real estate located at 23 NE 151st Ave! This expansive 1-acre lot offers a fantastic opportunity for development, with zoning designated as RM2dh (Residential Multi-Dwelling 2). This zoning allows for a variety of residential uses, including multi-family housing, making it an ideal location for builders, developers, or investors seeking to capitalize on the growing demand for housing in this desirable area.The spacious 1-acre lot provides ample room for a range of residential projects, whether you're looking to build multi-family units or explore other creative housing options within the RM2dh guidelines. The property is ideally located within walking distance to the East 148th Ave MAX Light Rail Station (Blue Line), offering exceptional transit access and convenience for residents.Additionally, this property is situated within a Qualified Census Tract (QCT), which may open up opportunities for various financing incentives, tax credits, or other development benefits designed to support growth and revitalization in targeted areas.We also have conceptual massings available to help visualize the potential of this lot, providing you with valuable insights into possible development options. This makes it easier to envision the future of the property, whether for a multi-family building or other residential uses.This location strikes the perfect balance of a tranquil setting with proximity to essential amenities, transportation routes, and local attractions, ensuring both accessibility and privacy.Don’t miss out on the opportunity to secure this versatile property with its excellent zoning potential, outstanding location, and conceptual designs. Whether you're looking to build your dream project or expand your portfolio, this property is ready to accommodate your vision. Contact us today for more information and to schedule a viewing
Location
State OR
County Multnomah
Area _142
Zoning RM2
Exterior
Utilities Available Other, SeeRemarks
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Glenfair
Middle Schools Oliver
High Schools David Douglas
Others
Acceptable Financing CallListingAgent, Cash
Listing Terms CallListingAgent, Cash
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