This prime development property offers an exceptional opportunity in Portland's Gateway area, featuring the highest density allowed in residential zones. Ideal for multi-unit development, the site is perfectly positioned for growth, with similar projects already successfully developed nearby. With its strategic location and zoning, this property presents endless potential for developers looking to capitalize on the increasing demand for high-density residential living in a rapidly expanding neighborhood. Don’t miss the chance to create a valuable addition to this thriving area. The area consists of two lots totaling .28acres, located in a high-opportunity area that offers affordable housing in a walkable neighborhood. With easy access to active transportation, employment centers, and a range of services and amenities, the location significantly enhances the overall quality of life for its residents. SDC fees exemption may apply.
Listing Provided Courtesy of Lyudmila Leissler, Windermere Realty Trust
General Information
401975385
MixedUse
115
DOM
0.28 acres
RXd
Multnomah
R319677
Jason Lee
Jason Lee
David Douglas
Land
MixedUse
SECTION 33 1N 2E, TL 5100 0.21 ACRES
Listing Provided Courtesy of Lyudmila Leissler, Windermere Realty Trust
Krishna Realty data last checked: Jul 12, 2025 10:09 | Listing last modified Jun 26, 2025 16:01,
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Residence Information
No
Features and Utilities
Financial
3319.57
0
Cash,Conventional,Other
03-03-2025
No
No
Comparable Information
115
131
Cash,Conventional,Other
$875,000
$749,000
Jun 26, 2025 16:01
Schools
Elementary : Jason LeeN/ARatings Middle : Jason Lee N/ARatings High : David DouglasN/ARatings
This prime development property offers an exceptional opportunity in Portland's Gateway area, featuring the highest density allowed in residential zones. Ideal for multi-unit development, the site is perfectly positioned for growth, with similar projects already successfully developed nearby. With its strategic location and zoning, this property presents endless potential for developers looking to capitalize on the increasing demand for high-density residential living in a rapidly expanding neighborhood. Don’t miss the chance to create a valuable addition to this thriving area. The area consists of two lots totaling .28acres, located in a high-opportunity area that offers affordable housing in a walkable neighborhood. With easy access to active transportation, employment centers, and a range of services and amenities, the location significantly enhances the overall quality of life for its residents. SDC fees exemption may apply.
