4381 NE Prescott St, Portland, OR 97218

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Land

$1,700,000

4381 NE Prescott St

Portland, OR 97218

Listing Provided Courtesy of Knipe Realty Era Powered

MLS: Regional Multiple Listing Service (RMLS)

13,503Sq Ft

Est. Mortgage

$8,875/mo

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.

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