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Listed by Windermere Realty Trust • moreland@windermere.com
$399,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Vernon
MLS Listing ID 611618796
HOA Y/N No
Annual Tax Amount $754
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type Mixed Use
Property Description
Unlock the potential of this 50 x 100 lot with an abundance of options for development! CM2 zoning allows great flexibility. Situated in a close-in location with nearby restaurants and shopping. Just 3 blocks from the heart of the hip and happening Alberta Arts District, this is a great location for multifamily, mixed use, restaurants, or retail. Lovely Alberta Park and Vernon K-8 School are just 4 short blocks away. Adjacent lot at 1463 NE Killingsworth is also available. Seller will provide fully designed and engineered plans for two apartment buildings of 19 units each, for 38 units total if one is built on each lot. Seller will consider carrying a contract. Building on adjacent lot at 1463 NE Killingsworth is occupied but will soon be vacated.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Exterior
Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable
Garage No
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional, OwnerWillCarry
Listing Terms Cash, Conventional, OwnerWillCarry
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