425 NE 146TH AVE Portland, OR 97230
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Price:
$649,900
Beds:
3
Baths:
1.0
Ft²:
1352
Acres:
0.6
MLS#:
342236782
Lot Size:
20,000 SqFt to .99 Acres
Type:
Detachd
County:
Multnomah
Style:
1 Story
Yr Built:
1948
Status:
Active
Levels:
1
Garage:
Detached
Heat:
Forced Air
Fireplace:
Insert
Roof:
Composition
Elem:
Glenfair
Middle:
H.B. Lee
High:
Reynolds
Area:
Portland Northeast
Exterior:
Workshop, Yard
Courtesy of:
Handris Realty Co.
Remarks:
Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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