Welcome to a prime piece of real estate located at 23 NE 151st Ave! This expansive 1-acre lot offers a fantastic opportunity for development, with zoning designated as RM2dh (Residential Multi-Dwelling 2). This zoning allows for a variety of residential uses, including multi-family housing, making it an ideal location for builders, developers, or investors seeking to capitalize on the growing demand for housing in this desirable area.The spacious 1-acre lot provides ample room for a range of residential projects, whether you're looking to build multi-family units or explore other creative housing options within the RM2dh guidelines. The property is ideally located within walking distance to the East 148th Ave MAX Light Rail Station (Blue Line), offering exceptional transit access and convenience for residents.Additionally, this property is situated within a Qualified Census Tract (QCT), which may open up opportunities for various financing incentives, tax credits, or other development benefits designed to support growth and revitalization in targeted areas.We also have conceptual massings available to help visualize the potential of this lot, providing you with valuable insights into possible development options. This makes it easier to envision the future of the property, whether for a multi-family building or other residential uses.This location strikes the perfect balance of a tranquil setting with proximity to essential amenities, transportation routes, and local attractions, ensuring both accessibility and privacy.Don’t miss out on the opportunity to secure this versatile property with its excellent zoning potential, outstanding location, and conceptual designs. Whether you're looking to build your dream project or expand your portfolio, this property is ready to accommodate your vision. Contact us today for more information and to schedule a viewing
Property Details
Property Features
Listing Office:
Office Name: Real Estate Investment Group
Office Phone: (503) 222-1655
Listing Agent: Nicholas Diamond
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Trees
Lot Size: 1.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $3,644
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Portland, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 08, 2021
Jul 08, 2021Home Sold
$500,000
Jan 11, 2018
Jan 11, 2018Home Sold
$300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,644
$167,900
2018
$3,890
$179,700
2017
$3,752
$174,470
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Glenfair Elementary School
15300 NE Glisan St
Distance between this listing and this school0.22 miles
Public District Grades KG-5
4
/10
Parklane Elementary School
15811 SE Main St
Distance between this listing and this school0.69 miles
Public District Grades KG-5
5
/10
Menlo Park Elementary School
12900 NE Glisan St
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Nearby Schools
5
/10
Oliver Middle School
15840 SE Taylor St
Distance between this listing and this school0.68 miles
Public District Grades 6-8
1
/10
Hauton B. Lee Middle School
1121 NE 172nd Ave
Distance between this listing and this school1.17 miles
Public District Grades 6-8
6
/10
Rockwood Preparatory Academy
740 SE 182nd Ave
Distance between this listing and this school1.67 miles
Public Charter Grades KG-7
Nearby Schools
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school1.00 miles
Public District Grades 9-12
4
/10
Centennial High School
3505 SE 182nd Ave
Distance between this listing and this school2.38 miles
Public District Grades 9-12
5
/10
Parkrose High School
12003 NE Shaver St
Distance between this listing and this school2.57 miles
The neighbors living near this home have an average income of $31,364. Typical income of Portland, OR residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,200,000.
In November 2024, from all listings sold in Portland, OR there were more than 253 sold above asking price, over 320 sold below and more than 166 were sold right at the asked price. In November 2024 in Portland, OR there were 11.9% less homes for sale than in October 2024. In November 2024 median list price was $542,392 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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