Rare find level corner lot in Centennial School District. High-demanded area for multi-family Development opportunity. Property locates next to public transit and close proximity to the city of Gresham. RM2 zoning allows uses for medium-density and affordable housing with 3-4 story buildings and the maximum height of up to 45 feet per city of Portland zoning code. Buyer to perform all due diligence regarding density, set backs and dedications, utilities availabilities and all other requirements in regards of their own desired development potential. Seller also has a 11 units ( 3 triplexes and 1 duplex ) preliminary site plan. Call for infos if needed.
Listing Provided Courtesy of Emilia Chen, EZ Realty LLC
General Information
196317810
MultiFamily
1
DOM
0.39 acres
RM2
Multnomah
R338366
Powell Butte 3/10
Centennial 6/10
Centennial 6/10
Land
MultiFamily
SECTION 07 1S 3E, TL 6500 0.39 ACRES
Listing Provided Courtesy of Emilia Chen, EZ Realty LLC
Krishna Realty data last checked: Mar 13, 2026 23:48 | Listing last modified Mar 10, 2026 21:02,
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Residence Information
No
Features and Utilities
Financial
2000.14
0
Cash,Conventional,FHA
03-10-2026
No
No
Comparable Information
1
3
Cash,Conventional,FHA
$398,000
$398,000
Mar 10, 2026 21:02
Schools
public Elementary : Powell Butte
3/10Ratingspublic Middle : Centennial
6/10Ratingspublic High : Centennial
6/10Ratings
Rare find level corner lot in Centennial School District. High-demanded area for multi-family Development opportunity. Property locates next to public transit and close proximity to the city of Gresham. RM2 zoning allows uses for medium-density and affordable housing with 3-4 story buildings and the maximum height of up to 45 feet per city of Portland zoning code. Buyer to perform all due diligence regarding density, set backs and dedications, utilities availabilities and all other requirements in regards of their own desired development potential. Seller also has a 11 units ( 3 triplexes and 1 duplex ) preliminary site plan. Call for infos if needed.