4381 Ne Prescott St, Portland, OR


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About 4381 Ne Prescott St

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

Features of 4381 Ne Prescott St

MLS® # 23465308
Price $1,700,000
Bathrooms 0.00
Acres 0.31
Type Land
Sub-Type Multi Family
Status Active

Community Information

Address 4381 Ne Prescott St
Area 142 - Portland Northeast
City Portland
County Multnomah
State OR
Zip Code 97218


Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Is Waterfront No
Has Pool No


Fireplace No


Lot Description Cleared, Public Road

School Information

Elementary Vernon
Middle Vernon
High Jefferson

Additional Information

Date Listed May 2nd, 2023
Days on Market 391
Zoning RM1
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKnipe Realty ERA Powered
Contact Infoinfo@kniperealty.com

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