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0.31 acres in Multnomah County, OR

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.

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NE Prescott, west of NE 42nd Avenue

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Knipe Realty ERA Powered

Portland, OR

(971) 306-4564

Provided By

Knipe Realty ERA Powered, (971) 306-4564
Source: Homes, MLS# 23465308
Listing last updated: February 6, 2025 at 12:00 AM
Listing last checked: July 19, 2025 at 6:00 AM
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