Residential Land for Sale in Portland, Oregon

4381 NE Prescott St Portland, OR 97218

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0.31 Acres of Residential Land for Sale in Portland, Oregon
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$1,700,000
0.31 acres
Active sale agoEst $12,648/mo

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.

Directions

NE Prescott, west of NE 42nd Avenue

Location

Street Address
4381 NE Prescott St
County
Multnomah County
Elevation
207 feet
Coordinates
45.5558, -122.618
Land for sale in Oregon

Property details

Zoning
RM1
MLS Number
RMLS 23465308
Date Posted

Property taxes

Recent
$3,787

Parcels

  • R707258

Legal description

STEIGERWALD ADD, BLOCK 3, LOT 15&16 TL 16401

This 0.31-acre property is located at 4381 NE Prescott St in Portland, OR 97218 with latitude 45.5558 and longitude -122.618. The property is currently available for sale for $1,700,000 with a price per acre of $5,483,871. Listing data is sourced from Regional Multiple Listing Service # 23465308.

Verify sale details at the property source or contact Knipe Realty ERA Powered at (360) 904-4463.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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