5515 NE Flanders STPortland, OR97213

$350,000
0.05 acres
SqFt0Kto2999
Elementary School: Laurelhurst
Middle School: Laurelhurst
High School: Grant
Zoning: RM1
645 days on market

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Price per acre$7M/ac
Time on market645 days

Property Description

Developer opportunity to purchase a fully entitled, shovel/permit-ready 5-unit multifamily development site on NE Flanders & NE 55th, just one block south of Glisan and walking distance from Providence Portland Hospital. The site is approved for a 5-unit three-story wood frame apartment building. Unit mix includes all 1-bedroom units. Property is zoned RM1.

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Financial Data

Price ChangeIncreased $50,000 on 07/12/2023
Total $50,000 increase
Original Price$300,000
Current Price$350,000
Property Taxes$163

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Home Facts

StatusActive
MLS ID22266924