Excellent development opportunity in Wilkes East: this .55 acre lot zoned TLDR has a remodeled single family home on site that can be used as a rental while working through the development process. Current zoning may allow up to 5 lots here, with the Residential Infill Project allowing up to four units per lot (buyer to do due diligence and verify all development info with a city planner). The adjacent property is zoned CMF and it may be possible to apply for a zoning change and further increase the density.
Listing Provided Courtesy of Kimberly Parmon, Living Room Realty
General Information
24145377
SingleFamilyResidence
217
DOM
0.55 acres
TLDR
Multnomah
R294014
Wilkes 2/10
H.B. Lee
Reynolds
Land
SingleFamilyResidence
VERDANTA, W 75' OF LOT 42 EXC PT IN ST
Listing Provided Courtesy of Kimberly Parmon, Living Room Realty
Krishna Realty data last checked: Jun 20, 2025 13:25 | Listing last modified Nov 15, 2024 17:29,
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Residence Information
No
Features and Utilities
Financial
3363.92
0
Cash,Conventional,FHA,VALoan
11-15-2024
No
No
Comparable Information
217
217
Cash,Conventional,FHA,VALoan
$450,000
$450,000
Nov 15, 2024 17:29
Schools
public Elementary : Wilkes
2/10Ratings Middle : H.B. Lee N/ARatings High : ReynoldsN/ARatings
Excellent development opportunity in Wilkes East: this .55 acre lot zoned TLDR has a remodeled single family home on site that can be used as a rental while working through the development process. Current zoning may allow up to 5 lots here, with the Residential Infill Project allowing up to four units per lot (buyer to do due diligence and verify all development info with a city planner). The adjacent property is zoned CMF and it may be possible to apply for a zoning change and further increase the density.
