Exceptional opportunity for developers and investors alike. This property is ideally positioned in a highly desirable neighborhood known for its convenience and strong amenities. With less than $36,000 remaining in permit fees, you're close to breaking ground and bringing your vision to life. For qualified buyers, the seller offers a build-to-suit option featuring a thoughtfully designed home with an attached, already-approved ADU. The .06-acre lot offers impressive flexibility, supported by R2.5 zoning that allows for single-family homes, duplexes, triplexes, fourplexes, and ADUs. The true value is in the land, a blank canvas ready for your next project. Located in an area rated as "very walkable" and a "biker's paradise," future residents will enjoy easy access to schools, parks, dining, and shopping. Outdoor and lifestyle perks include nearby Eastmoreland Golf Course, while Reed College is just a quick 5-minute drive. Whether you're planning a dream home, townhome development, or a custom build, this is a rare chance to create something special in a prime location.
| MLS # | 191545701 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 203 |
| Listing Provided By | eXp Realty, LLC | Nick Shivers |
| Zoning | R5 |
|---|---|
| Acreage | 0.06 |
| Heating Yn | No |
|---|---|
| Cooling Yn | No |
| Attached Garage Yn | No |
|---|
| Utilities | Sewer Connected, Water Connected |
|---|
| Property | 1037 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97206 |
| School District | Cleveland |
| Elementary School | Lewis |
| High School | Cleveland |
| Listing VS Median (in 97206) | |
Price: $155,000 low | high Med: $465,000 On site: 203 low | high Med: 99 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97206 |
| School District | Cleveland |
| Elementary School | Lewis |
| High School | Cleveland |
| Listing VS Median (in 97206) | |
Price: $155,000 low | high Med: $465,000 On site: 203 low | high Med: 99 | |