Mixed-Use Land for Sale in Portland, Oregon
3411 SE 69th Ave Portland, OR 97206
Prime Development Opportunity in Portland's Thriving Market.Investors, builders, and developers - this is your chance to capitalize on a rare opportunity in the heart of Portland! Situated on a spacious 0.26-acre lot, this property is zoned RM1 in Multnomah County, making it ideal for multi-family development. Priced competitively, this lot is ripe for transformation into a high-demand residential complex.Key Features:Zoning: RM1 - Perfect for multi-family units, townhomes, or apartment buildings. Lot Size: 0.26 acres - ample space for creative development and maximizing ROI. Location: Prime SE Portland location, offering convenient access to local amenities, schools, parks, and public transportation. Potential: The RM1 zoning allows for the development of up to four stories of residential units, catering to the increasing demand for housing in Portland's bustling real estate market. Neighborhood: Located in a vibrant community known for its strong rental market, this property promises steady rental income and long-term growth potential.Why This Property?Strategic Investment: Portland's real estate market continues to flourish, with high demand for well-located, multi-family properties. This lot offers investors the perfect opportunity to build and capitalize on this trend. Flexible Development Options: Whether you envision modern townhomes, a boutique apartment building, or a mixed-use development, this property's zoning and lot size offer incredible flexibility. High ROI Potential: The combination of location, zoning, and lot size makes this property a high-yield investment. Develop a property that will attract long-term tenants and provide consistent rental income. Don't miss out on this exceptional development opportunity in one of Portland's most sought-after neighborhoods. Contact us today to schedule a viewing or to discuss the potential this prime property holds for your investment portfolio.Act Now - Opportunities Like This Don't Last Long!
Directions
Powell to L on SE 69th Ave
Location
- Street Address
- 3411 SE 69th Ave
- County
- Multnomah County
- Elevation
- 233 feet
Property details
- Zoning
- RM-1
- MLS Number
- RMLS 24693324
- Date Posted
Property taxes
- Recent
- $6,748
Parcels
- R333257
Legal description
SECTION 08 1S 2E, TL 14800 0.26 ACRES
Detailed attributes
Listing
- Type
- Land
- Subtype
- Multi Family
- Franchise
- Keller Williams Realty
Lot
- Views
- Mountain
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Bridger | Elementary | — | — |
Bridger | Middle | — | — |
Franklin | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 3, 2024 | Price drop | $649,500 | $500 -0.08% | RMLS |
Oct 9, 2024 | Price drop | $650,000 | $100,000 -13.3% | RMLS |
Aug 30, 2024 | New listing | $750,000 | — | RMLS |