Incredible development potential in the N MISSISSIPPI neighborhood, especially with imminent SDCs waiver! RM1 zoned, 9,000 SF corner lot (90'x100'), with an existing, well-maintained duplex. Rental income may cover holding costs while planning, permitting, and constructing. The building is perfectly situated to one corner of this oversized property. Alley access creates ease and multiple layouts for your development options. Existing exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential, maximizing your FAR. Builder's Packet available upon request. Buyer to do their due diligence. Dead-end street increases the appeal to resale buyers and/or tenants. Only 2 blocks to a thriving commercial district, containing event spaces, shopping, dining and services. Easy access to parks, libraries, transit & freeways, too. Pedestrian bridge 2 blocks away crosses to Overlook - MAX line, more parks, dining, etc. Tenant Occupied -- Agent accompanied appointments only! PLEASE DO NOT DISTURB.
Listing Provided Courtesy of E. Wren Shiffler, Realty Works Group
General Information
317438603
MultiFamily
0
DOM
9147.6 SqFt
RM1
Multnomah
R223729
Boise-Eliot 1/10
Harriet Tubman 1/10
Jefferson
Land
MultiFamily
MULTNOMAH, BLOCK 28, S 40' OF LOT 11, LOT 13
Listing Provided Courtesy of E. Wren Shiffler, Realty Works Group
Krishna Realty data last checked: Jun 24, 2025 18:42 | Listing last modified Jun 24, 2025 00:32,
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Residence Information
No
Features and Utilities
Financial
3016.39
0
Cash,Conventional
06-24-2025
No
No
Comparable Information
0
0
Cash,Conventional
$895,000
$895,000
Jun 24, 2025 00:32
Schools
public Elementary : Boise-Eliot
1/10Ratingspublic Middle : Harriet Tubman
1/10Ratings High : JeffersonN/ARatings
Incredible development potential in the N MISSISSIPPI neighborhood, especially with imminent SDCs waiver! RM1 zoned, 9,000 SF corner lot (90'x100'), with an existing, well-maintained duplex. Rental income may cover holding costs while planning, permitting, and constructing. The building is perfectly situated to one corner of this oversized property. Alley access creates ease and multiple layouts for your development options. Existing exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential, maximizing your FAR. Builder's Packet available upon request. Buyer to do their due diligence. Dead-end street increases the appeal to resale buyers and/or tenants. Only 2 blocks to a thriving commercial district, containing event spaces, shopping, dining and services. Easy access to parks, libraries, transit & freeways, too. Pedestrian bridge 2 blocks away crosses to Overlook - MAX line, more parks, dining, etc. Tenant Occupied -- Agent accompanied appointments only! PLEASE DO NOT DISTURB.
