2535 SE 89TH AVE
PORTLAND, OR 97266

$1,600,000

N/A Acres

CM2 Zone

Status Active

MLS# 24134893

.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.

Details for 2535 SE 89TH AVE

Built in 0

0 parking spaces

46 Days on website

0.37 acres lot

Building And Construction

Property Sub Type

Mixed Use

Property Type

Land

Exterior And Lot

Lot Size Acres

0.37

Lot Size Square Feet

16117

Zoning

CM2

Area And Schools

City

Portland

County Or Parish

Multnomah

Elementary School

Clark

High School

Leodis McDaniel

Middle Or Junior School

Harrison Park

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$4,881.03

Tax Year

2023

Details for 2535 SE 89TH AVE

Building And Construction

Exterior And Lot

Area And Schools

Financial Info

Area Information for 2535 SE 89TH AVE