Welcome to a prime piece of real estate located at 23 NE 151st Ave! This expansive 1-acre lot offers a fantastic opportunity for development, with zoning designated as RM2dh (Residential Multi-Dwelling 2). This zoning allows for a variety of residential uses, including multi-family housing, making it an ideal location for builders, developers, or investors seeking to capitalize on the growing demand for housing in this desirable area.The spacious 1-acre lot provides ample room for a range of residential projects, whether you're looking to build multi-family units or explore other creative housing options within the RM2dh guidelines. The property is ideally located within walking distance to the East 148th Ave MAX Light Rail Station (Blue Line), offering exceptional transit access and convenience for residents.Additionally, this property is situated within a Qualified Census Tract (QCT), which may open up opportunities for various financing incentives, tax credits, or other development benefits designed to support growth and revitalization in targeted areas.We also have conceptual massings available to help visualize the potential of this lot, providing you with valuable insights into possible development options. This makes it easier to envision the future of the property, whether for a multi-family building or other residential uses.This location strikes the perfect balance of a tranquil setting with proximity to essential amenities, transportation routes, and local attractions, ensuring both accessibility and privacy.Don’t miss out on the opportunity to secure this versatile property with its excellent zoning potential, outstanding location, and conceptual designs. Whether you're looking to build your dream project or expand your portfolio, this property is ready to accommodate your vision. Contact us today for more information and to schedule a viewing
Active
$1,200,000
Portland, OR 97230
--beds
--baths
1Acres
Unimproved Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding location
- 158 days
- on Zillow |
- 18 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: November 25, 2024 at 05:32am
Listed by:
Nicholas Diamond 503-887-8344,
Real Estate Investment Group
Source: RMLS (OR),MLS#: 24490526

Facts & features
Property
Lot
- Size: 1 Acres
- Features: Trees, Level, Acres 1 to 3
Details
- Parcel number: R109824
- Zoning: RM2
Utilities & green energy
- Utilities for property: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $4,152
- Date on market: 11/22/2024
- Listing terms: Call Listing Agent,Cash
- Road surface type: Paved
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