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Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

Listed by 24/7 Properties • Stacey@247prop.com

$ 900,000

Est. payment -/mo

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10626 E BURNSIDE ST Portland, OR 97216

0.43 Acres Lot

UPDATED:

09/17/2024 01:25 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24533035

Annual Tax Amount $4,744

Lot Size 0.430 Acres

Property Description

Fantastic multifamily development opportunity in RM-3 zone. Great frontage on E. Burnside and easy access to transit. See attached zoning code for details. Buyer to do own due diligence for development.RM-3 zoning highlights: 65'maximum height, up to 6 stories. 2:1 FAR increasing to 3:1 with bonus provisions such as affordable housing. Parking not required for up to 30 units on small sites up to 10,000 ft� or on sites near frequent transit.

Location

State OR

County Multnomah

Area _143

Zoning THR

Exterior

Utilities Available SeeRemarks

Garage No

Schools

Elementary Schools Cherry Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Cash, Contract, OwnerWillCarry

Listing Terms Cash, Contract, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

10626 E BURNSIDE ST Portland, OR 97216

Key Details

Location

Exterior

Schools

Others

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10626 E BURNSIDE ST