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Listed by Knipe Realty ERA Powered • 503-939-4241
$495,000
Est. payment /mo
UPDATED:
12/25/2024 12:25 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23022496
Annual Tax Amount $1,111
Property Description
Unlock the potential of elevated urban living with this rare opportunity to design and develop on 11,490 square feet of prime land, spread across three lots in a sought-after, city-proximate neighborhood. With breathtaking skyline views, access to top-tier schools, and effortless MAX transit connectivity, this property offers a unique canvas for crafting a family estate or a thoughtfully designed multi-family development.Zoned RM-1 with a design overlay, the possibilities are as expansive as the space itself. Picture a residential masterpiece: up to 4 dwellings or 2 units per lot, with no density cap and no parking restrictions to limit your vision. Maximize potential with 50% building coverage, elegant 10-foot front setbacks, and 5-foot side and rear parameters. Rise to the occasion—literally—with a 35-foot height allowance, creating an architectural statement against the city skyline.This property is more than land; it's an invitation to innovate. Envision sleek modern townhomes, a collection of luxury residences, or a distinctive multi-family retreat where design meets functionality. With zoning flexibility and no parking constraints, your creativity can take center stage.Redefine urban living. Here, your vision becomes a reality—a legacy that integrates seamlessly into the surrounding community while capturing the essence of modern elegance and convenience.The potential is boundless. Don't miss the chance to sculpt your vision into a city-centric masterpiece. Reach out today to explore this remarkable opportunity and transform these three lots into a statement of architectural excellence.
Location
State OR
County Multnomah
Area _148
Zoning RM1d
Exterior
Utilities Available CableAvailable, ElectricityAvailable, PublicSewer, WaterAvailable
View City, Seasonal
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Chapman
Middle Schools West Sylvan
High Schools Lincoln
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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