23 NE 151ST AVE Portland, OR 97230

Property Site: https://tour.corelistingmachine.com/home/J5V34B/23-NE-151ST-AVE-Portland-OR-23342337
This 1-acre parcel of land is on a quiet side street just off of E Burnside and is ideal for multi-family development. It is one block from the E Burnside 148th Ave MAX Station and it has RM2 zoning which allows medium-density development without a commercial requirement. Typically this zoning allows a 45 height max. but this area allows up to 100. The base FAR is 1.5:1 but it can go up to 3:1 using the deeper housing affordability bonus. The neighborhood is undergoing rapid development with over 300 units recently completed or under construction. Dont miss this opportunity to be a part of rapidly developing NE Portland.
Bathrooms: 0.00
Price: $1,499,000

For more information about this property, please contact Jeffrey Clair at 503-893-8403 or jeff@portlandlandbroker.com. You can also text 7980898 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: https://www.portlandlandbroker.com


MLS ID: 23342337

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