4381 NE Prescott St Portland, OR 97218
Listing Courtesy of: RMLS / Knipe Realty ERA Powered / Daniel Silvey

  4381 NE Prescott St Portland, OR 97218

Active (297 Days)
$1,700,000

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.

MLS #:
23465308
Taxes
$3,787(2022)
Lot Size
0.31 acres
Type
Land
County
Multnomah County

Listed By

Daniel Silvey, Knipe Realty ERA Powered, Contact: info@kniperealty.com
Source
RMLS
Last checked Feb 23 2024 at 4:23 AM GMT+0000
Bathroom Details
Lot Information
  • Cleared
  • Public Road
Utility Information
  • Utilities: Natural Gas Available, Electricity Available, Water Available, Cable Available, Phone Available
School Information
  • Elementary School: Vernon
  • Middle School: Vernon
  • High School: Jefferson
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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