23 Ne 151st Ave, Portland, Or 97230Portland, OR 97230Price: $1,499,000

Price: $1,499,000
Est. Mortgage of $/month
172 Days on Market

This 1-acre parcel of land is on a quiet side street just off of E Burnside and is ideal for multi-family development. Offsite permit concept approved, only an 8? dedication is required along 151st, and no Couch St extension. 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.

"Based on information submitted to OR_RMLS_API as of November 30, 2023 7:56 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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23 Ne 151st Ave, Portland, Or 97230Portland, OR 97230Price: $1,499,000

$/month over payments

Listing Tools

23 Ne 151st Ave, Portland, Or 97230Portland, OR 97230Price: $1,499,000

$/month over payments

Listing Tools

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