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 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Cleared, Public Road |
|---|
School Information
| Elementary | Vernon |
|---|---|
| Middle | Vernon |
| High | Jefferson |
Additional Information
| Date Listed | May 2nd, 2023 |
|---|---|
| Days on Market | 584 |
| Zoning | RM1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Knipe Realty ERA Powered |
|---|---|
| Contact Info | 503-201-8537 |