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Listed by JMG - Jason Mitchell Group
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Est. payment | /mo
6,098 Sqft Lot
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Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 253135495
HOA Y/N No
Annual Tax Amount $841
Tax Year 2025
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property Description
Here is a unique value add opportunity for a builder or investor in a desirable Southeast Portland location. This 5,916 square foot lot, zoned R5, is primed for the right professional to complete its development. The remaining steps to make the lot shovel ready have been identified: it requires water and sewer line extensions and driveway validation. This presents a clear opening for a new owner to step in and capitalize on the upside by taking the project to completion. Buyers are encouraged to perform their own due diligence regarding development requirements. This property will be offered at auction. The opening bid is set at $20,000.
Location
State OR
County Multnomah
Area _143
Zoning R5
Exterior
Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable
Garage No
Building
Lot Description Flag Lot
Schools
Elementary Schools Earl Boyles
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://vimeo.com/1192940942?share=copy&fl=sv&fe=ci
Nearby Locations
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