23 NE 151ST AVE, Portland, Multnomah County, OR, 97230 Portland OR US

USD 1,499,000
For Sale MLS: 23342337

Property Details

Bedrooms

4

Bathrooms

3

Neighborhood

Glenfair

Property Type

Lots And Land

Description

This 1-acre parcel of land is on a quiet side street just off of E Burnside and is ideal for multi-family development. It is one block from the E Burnside 148th Ave MAX Station and it has RM2 zoning which allows medium-density development without a commercial requirement. Typically this zoning allows a 45' height max. but this area allows up to 100'. The base FAR is 1.5:1 but it can go up to 3:1 using the deeper housing affordability bonus. The neighborhood is undergoing rapid development with over 300 units recently completed or under construction. Don't miss this opportunity to be a part of rapidly developing NE Portland. Find out more about this property. Request details here

Location

Address

23 Northeast 151st Avenue, Portland, Oregon 97230, United States

City

Portland

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