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Address Not Disclosed - MLS#24590249, Portland, OR, 97230

$1,475,000

1.89 Acres
Land

Property Highlights

Home TypeMulti Family
MLS #24590249
Lot Size1.89 Acres
StatusActive

About This Home

Prime 1.89-Acre Development Site in Portland – Zoned Corridor Multi-Family (CMF)Located at 1104 NE 181st Ave in Portland, Oregon, this spacious 1.89-acre parcel offers an exceptional development opportunity in a rapidly growing area. Zoned Corridor Multi-Family (CMF), this lot is ideally suited for multi-family residential projects, offering the potential for high-density housing in a highly accessible location.The property enjoys excellent connectivity with major roads, including Interstate 84 and NE Halsey St, providing easy access to downtown Portland and the surrounding metro area. With a strong mix of residential and commercial properties in the area, this location offers both convenience and the potential for strong demand in multi-family housing development.The generous size of the lot allows for flexible planning, with ample space to design and develop a variety of multi-family units, while still benefiting from Portland's growing need for housing. Local amenities, including parks, schools, shopping centers, and public transit, are just minutes away, enhancing the attractiveness for future residents.

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: 1.89 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000

Tax Information:

  • Annual Amount: $7,411
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

This property vs Portland

31 DAYS ON ROCKET

-23 Days

$1,475,000

+$932.6K More

KEY TAKEAWAY

This property is $932.6K more than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24590249

Listing Office:

  • Office Name: Real Estate Investment Group
  • Office Phone: (503) 222-1655
  • Listing Agent: Nicholas Diamond

IDXThe 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.

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: 12/24/2024, 12:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,411$437,290
2018$7,032$412,200
2017$6,805$400,200

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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NMLS#3030

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.

Nearby Schools

school-card-donut-1358172
1
/10

  • Hartley Elementary School

  • 701 NE 185th Pl

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-1358173
2
/10

  • Davis Elementary School

  • 19501 NE Davis St

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-1358174
3
/10

  • Wilkes Elementary School

  • 17020 NE Wilkes Rd

  • 0.91 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,436. Most Portland, OR residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket Homes›Oregon›Multnomah County›Portland›97230›Address Not Disclosed

This home sits on a 1.89 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,475,000.

Over 253 listings were sold over their listed price in November 2024 in Portland, OR. In the same period over 320 listings were sold below the listed price and 166 listings were sold for the listed price. The inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased by 11.9%. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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