4381 NE PRESCOTT ST Portland, OR $ 1,700,000
4381 NE PRESCOTT ST
$ 1,700,000
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4381 NE PRESCOTT ST

Portland, OR, 97218
$ 1,700,000
Baths0.0

Monthly Estimate*

$ 11,299

4381 NE PRESCOTT ST, Portland, OR 97218 - Image 1
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 2
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 3
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 4
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 5
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 6
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 7
4381 NE PRESCOTT ST, Portland, OR 97218 - Image 8
Studio

Lots and Land for sale in Portland, OR

for $1,700,000. The lot size is 0.31.

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

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Lots and Land Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,787

Style

MultiFamily

Lot Size

0.31

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23465308

Features
General
Zoning RM1
Property SubType MultiFamily
Tax Year 2022
County Multnomah
Property Type Land
Status Active
Directions NE Prescott west of NE 42nd Avenue
High School Jefferson
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 13503.0
Street Name PRESCOTT
Listing Terms CallListingAgent Cash Conventional
Elementary School Vernon
Tax Annual Amount 3787.45
Middle/Junior High School Vernon
Days on Market 386
Standard Status Active
Legal Description STEIGERWALD ADD BLOCK 3 LOT 15&16 TL 16401
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Exterior
Lot Features Cleared PublicRoad
Lot Dimensions 50 x 100 x 185
Lot Size Acres 0.31
Road Surface Type Paved
Number of Lots 1
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Interior
Street Suffix ST
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Internal Only
Street Number 1 4381
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* Excluded Features
List By
Knipe Realty Era Powered

Broker

danielsilvey@kniperealty.com

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Affordability Calculator

$11,614
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,299
Monthly Property Taxes
$316
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2023$1,700,000 Listed Price

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4381 NE PRESCOTT ST, Portland, OR, 97218 is a Lots and Land for sale at $1,700,000 with a lot size of 0.31. 4381 NE PRESCOTT ST is a studio with 0.0 baths. The property's zip code is 97218 which is in Portland, OR