2359 SE 124TH AVE Active

Portland,OR 97233

$ 450000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24371497

Annual Tax Amount $5,573

Tax Year 2023

Lot Size 0.430 Acres

Property Description

Opportunity awaits! This property is ideally located close to mass transportation, shopping, and entertainment. With an existing foundation in place from a 10-unit building, you possibly have the option to use the existing foundation or build new for higher density. - The property is situated in a CM2 zone, a medium-scale, commercial mixed-use zone perfect for sites in various centers and corridors, other mixed-use areas with frequent transit, or larger areas designated for multi-dwelling development. Buildings in this zone can typically be up to four stories, with potential bonuses allowing up to five stories in some locations. - Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units near transit. Specific allowable uses in this zone include retail sales and services, office space, household living, vehicle repair, institutional uses, and limited manufacturing. - Buyers are advised to verify all information and conduct their own due diligence.

Location

State OR

County Multnomah

Area _143

Zoning CM2d

Exterior

Utilities Available CableConnected,ElectricityConnected,SewerConnected,WaterConnected

Garage No

Schools

Elementary Schools Mill Park

Middle Schools Other

High Schools David Douglas

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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