2408 SE 139th Ave

Portland, OR 97233
  • $209,000

    Price
  • 0.36

    Acre

About the Listing MVRE01 - LORDLYND

**PRIME RM1 DEVELOPMENT OPPORTUNITY!** Rare opportunity to develop a vacant, build-ready parcel in a highly desirable, high-demand Portland location! Zoned RM1 with approximately $20k in City permit intake fees already paid. City-approved plans for a 9-unit, three-level townhouse-style condominium project featuring spacious 3-bedroom, 3.5-bath layouts. Complete architectural, building, and structural engineering plans available, plus plans for an alternative 18-unit multifamily apartment development. Approximately $150,000 invested in planning, architectural design, engineering, City of Portland Early Assistance, and Type IIx review, currently under review. Potential to modify layouts or pursue increased density, subject to City approval. Exceptional opportunity for builders and investors to save time and upfront development costs while maximizing this property's potential!

Listing Highlights for 2408 SE 139th Ave

Status Active
Days on Site 5
Property Type Vacant Land
MLS ® 306557573
Year Built
Lot/Acreage 0.36
County Multnomah
Elementary School Lincoln Park
Middle School Ron Russell
High School David Douglas

Interior Details

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Exterior Details

  • Lot Description: Level,Flag Lot,Trees
  • Garage Capacity: N/A
  • Zoning: RM1
  • Roof:
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  • Sewer:

Financial Details

  • Tax Amount: $1,499
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R183888
  • Tax Year: N/A

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Listing Location

Questions About..

2408 SE 139th Ave Portland, OR 97233

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Originating MLS: Regional Multiple Listing Service, Inc.

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Nicole Shuba

| Nicole Shuba | Manor Realty

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