Portland, OR 97266,2535 SE 89TH AVE
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Portland, OR 97266,2535 SE 89TH AVE
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Listed by Susak Properties LLC
$ 1,600,000
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2535 SE 89TH AVE Portland, OR 97266

0.37 Acres Lot


UPDATED:

08/04/2024 01:00 PM

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24134893

Annual Tax Amount $4,881

Tax Year 2023

Lot Size 0.370 Acres

Property Description

.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.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Exterior

Utilities Available ElectricityAvailable, SewerConnected, WaterConnected

View Territorial

Garage No

Schools

Elementary Schools Clark

Middle Schools Harrison Park

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Contract, Conventional, OwnerWillCarry, SellerEquityShare, Trade

Listing Terms Cash, Contract, Conventional, OwnerWillCarry, SellerEquityShare, Trade


Regional Multiple Listing Service (RMLS)

Douglas Varenas

Agent | License ID: 22007252

+1(503) 295-3602

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2535 SE 89TH AVE