SE 109TH AVE Portland, OR97266

$540,000
15,000 to 19,999 SqFt
Elementary School: W Powellhurst
Middle School: Ron Russell
High School: David Douglas
Zoning: CG
1080 days on market

VestorFilter™

Recent price drop$455,000
Price per acre$1.26M/ac
Time on market1080 days
SE 109TH AVE (1 of 1)

Property Description

Spectacular opportunity for a high density zoned property. Plans have been created for a 32 unit condo development. Much of the infrastructure has been completed with sidewalks, road and bio-swales. Property faces a 9 unit sold out condo development. Ideal location for apartments or mid range condo's. Base zone FAR is 2.5 to 1 but can be up to a 4 to 1 ratio, with bonus provisions, which would allow close to a 70,000sqft building.

{{ compliance-logo }}Listing Provided By RE/MAX Equity Group

Financial Data

Date Sold2022-04-05
Sold Price$540,000
Price ChangeDropped $455,000 on 04/06/2022
Total $455,000 drop
Original Price$995,000
Current Price$540,000
Property Taxes$6,984

Find On Map

Home Facts

StatusSold
MLS ID21646375
Reset