4381 NE PRESCOTT ST Active

Portland,OR 97218

$ 1700000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23465308

Annual Tax Amount $3,787

Tax Year 2022

Lot Size 0.310 Acres

Property Description

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.

Location

State OR

County Multnomah

Area _142

Zoning RM1

Exterior

Utilities Available CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,PublicSewer,WaterAvailable

Building

Lot Description Cleared, Public Road

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Acceptable Financing CallListingAgent,Cash,Conventional

Listing Terms CallListingAgent,Cash,Conventional

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