23 Ne 151st Ave, Portland, OR

$1,200,000

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1.00

Acre

About 23 Ne 151st Ave

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

Features of 23 Ne 151st Ave

MLS® # 24490526
Price $1,200,000
Bathrooms 0.00
Acres 1.00
Type Land
Sub-Type Residential/Recreational
Status Active

Community Information

Address 23 Ne 151st Ave
Area 142 - Portland Northeast
City Portland
County Multnomah
State OR
Zip Code 97230

Amenities

Utilities Other, See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Trees

School Information

Elementary Glenfair
Middle Oliver
High David Douglas

Additional Information

Date Listed November 22nd, 2024
Days on Market 335
Zoning RM2
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate Investment Group

Listing Map

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