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Listed by All Professionals Real Estate • jeff@portlandlandbroker.com
Bought with 24/7 Properties
Bought with 24/7 Properties
$ 425,000
$ 425,000
Est. payment | /mo
5,227 Sqft Lot
$ 425,000
$ 425,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Sold Price $425,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 679126106
Sold Date 07/16/26
HOA Y/N No
Annual Tax Amount $1,644
Tax Year 2025
Lot Size 5,227 Sqft
Property Sub-Type Mixed Use
Property Description
Located in a rapidly-developing, walkable, Sellwood pocket, this corner parcel offers a rare opportunity to purchase a development property at an attractive price. Situated just steps from neighborhood amenities, transit, and an established commercial corridor, the 5,000 SF flat lot offers outstanding flexibility for future development. CM2 zoning allows for a wide range of uses including commercial, mixed used, and residential. For development, the FAR is 2.5:1 or 4:1 with bonus. The base height is 45' or 55' with bonus. Great for a long-term investment! Seller is not willing to carry a contract.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Exterior
Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable
Garage No
Building
Lot Description Corner Lot
Schools
Elementary Schools Abernethy
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations
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