4381 NE PRESCOTT ST
PORTLAND, OR 97218

$1,700,000

N/A Acres

RM1 Zone

Status Active

MLS# 23465308

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

Details for 4381 NE PRESCOTT ST

Built in 0

0 parking spaces

415 Days on website

0.31 acres lot

Building And Construction

Property Sub Type

Land

Property Type

Land

Exterior And Lot

Lot Features

Cleared, PublicRoad

Lot Size Acres

0.31

Lot Size Square Feet

13503

Zoning

RM1

Area And Schools

City

Portland

County Or Parish

Multnomah

Elementary School

Vernon

High School

Jefferson

Middle Or Junior School

Vernon

Financial Info

Buyer Agency Compensation^*

2.5%

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

Tax Annual Amount

$3,787.45

Tax Year

2022

Details for 4381 NE PRESCOTT ST

Building And Construction

Exterior And Lot

Area And Schools

Financial Info

Area Information for 4381 NE PRESCOTT ST