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Listed by eXp Realty, LLC • 503-915-8271

$1,600,000

Est. payment - /mo

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2.36 Acres Lot

Pending

7928 SE CRYSTAL SPRINGS BLVD Portland, OR 97035

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Subdivision Delashmutt & Oatman

MLS Listing ID 553478504

HOA Y/N No

Annual Tax Amount $21,284

Tax Year 2024

Lot Size 2.360 Acres

Property Sub-Type Multi Family

Property Description

This lucrative development site spans street to street between SE Crystal Springs Blvd and SEHarney St offering direct access from each street and maximizing layout options for roads, utilities,and building orientation. The expansive offering includes six individual tax lots, providing astrategic opportunity for subdivision developers, multifamily builders, or infill investors.The property is zoned RM1, which can support multi-dwelling residential use, including townhomes,apartments, and other middle housing types and allows for a potential density of up to 150 units(buyer to request specifics from the City of Portland/Multnomah County) So whether you're building apartments, condos, or subdividing into smaller residential lots, this site is positioned for success in one of Portland's emerging residential corridors. Per seller, the City of Portland may waive SDC charges for larger-scale developments, significantly reducing your cost basis (buyer to request specifics from the city of Portland). Owner financing is available, offering flexibility for qualified buyers.Reach out today to schedule a walk-through and explore the development potential!

Location

State OR

County Multnomah

Area _143

Zoning RM1

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

View Territorial

Garage No

Building

Lot Description Wooded

Schools

Elementary Schools Whitman

Middle Schools Lane

High Schools Cleveland

Others

Acceptable Financing Cash, OwnerWillCarry

Listing Terms Cash, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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