Search Land - 4381 NE Prescott ST, Portland, OR, 97218
4381 NE Prescott ST, Portland, OR, 97218
$1,700,000
4381 NE Prescott ST, Portland, OR
Status: Active
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Property Type
Acreage
Acreage
0.31 acres
County
Multnomah, OR
Format
Sale
Features
N/A
List Date
May 2, 2023
Documents
N/A
Description
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.