2408 SE 139TH AVE Portland, OR 97233
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Price:
$249,900
Ft²:
0
Acres:
0.36
MLS#:
231612732
Lot Size:
15,000 to 19,999 SqFt
Type:
Land
Zone:
RM1
County:
Multnomah
Status:
Active
View:
Trees/Woods
Elem:
Lincoln Park
Middle:
Ron Russell
High:
David Douglas
Lot Desc:
Flag Lot, Trees
Area:
Portland Southeast
Courtesy of:
Cascade Hasson Sotheby's International Realty
Remarks:
Prime RM1 Development Site – Outstanding opportunity to develop a vacant, build-ready parcel in an amazing, high-demand location. The property is zoned RM1 and offers a major head start with approximately $20,000 in permit intake fees already paid.The City has approved a 9-unit townhouse-style condominium project, currently designed with spacious 4-bedroom, 3.5-bath layouts—ideal for today’s buyer or rental market. There is flexibility to reconfigure to smaller units, with the option to pursue a Type 3 development for increased density, subject to additional City approval.An excellent opportunity for builders and developers seeking a well-located multifamily site with approvals in place, reduced pre-development costs, and upside potential through alternative unit configurations.

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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