425 NE 146TH AVE, Portland, OR 97230
- $599,000
- 3
- BD
- 1
- BA
- 1,352
- SqFt
- List Price
- $599,000
- Price Change
- ▼ $50,900 1779960910
- Days on Market
- 159
- Status
- ACTIVE
- MLS#
- 342236782
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,352
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Northeast
Property Description
Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]
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Additional Information
- Tax Amount
- $4,850
- Year Built
- 1948
- High School
- Reynolds
- Elementary School
- Glenfair
- Middle School
- H.B. Lee
- Fireplaces Total
- 1
- Garage Spaces
- 1
- Garage Type
- Detached
- Acres
- 0.60
- Living Area
- 1,352
- Stories
- 1
- Property Type
- Single Family Residence
- Terms
- Cash, Rehab
- Master Bedroom Level
- Main
- Fireplace Description
- Insert
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 1 Story
- Exterior Features
- Workshop, Yard
- Interior Features
- Hardwood Floors, Vaulted Ceiling(s), Wall to Wall Carpet
- Kitchen Appliances
- Dishwasher, Free-Standing Range, Free-Standing Refrigerator
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Listing courtesy of Handris Realty Co..
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