10412 Se Division St, Portland, OR

$750,000

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0.72

Acres

About 10412 Se Division St

7/15/25 Update: Price Decreased! This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.

Features of 10412 Se Division St

MLS® # 24108164
Price $750,000
Bathrooms 0.00
Acres 0.72
Type Land
Sub-Type Multi Family
Status Active

Community Information

Address 10412 Se Division St
Area 143 - Portland Southeast
City Portland
County Multnomah
State OR
Zip Code 97266

Amenities

Utilities None
Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

Elementary Harrison Park
Middle Harrison Park
High Leodis McDaniel

Additional Information

Date Listed August 23rd, 2024
Days on Market 414
Zoning RM1
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFathom Realty Oregon, LLC
Contact Info503-866-6682

Listing Map

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