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Listed by Keller Williams PDX Central
$400,000
Est. payment /mo
0.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 103678446
Annual Tax Amount $3,041
Tax Year 2024
Lot Size 0.690 Acres
Property Sub-Type Single Family Residence
Property Description
Unlock the income potential of this .69-acre parcel, perfectly positioned on a corner lot and zoned MR-1. With sewer and water available at the street on 70th, this property is ideally suited for shared-wall townhomes or a multi-plex development, which will most likely represent the highest and best use. Investors and builders will appreciate the strong upside: multi-family residential demand continues to grow in this area, offering excellent opportunities for rental income, resale, or long-term appreciation. The location places future residents just minutes from restaurants, shopping, schools, and nature parks making it an unbeatable mix of convenience and lifestyle amenities. This is an exceptional chance to create a modern residential community in a desirable neighborhood. Whether building for income generation, resale, or long-term portfolio growth, this property offers the flexibility and fundamentals needed for success. *Seller financing available.
Location
State OR
County Clackamas
Area _145
Zoning MR-1
Exterior
Utilities Available PublicSewer, WaterAvailable
Garage No
Building
Lot Description Corner Lot, Public Road
Schools
Elementary Schools Lewelling
Middle Schools Rowe
High Schools Milwaukie
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://maps.clackamas.us/maps/cmap?maptaxlot=12E32BA00302
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