Multitax-Lot Residential Development
For Sale
Contact for pricing
Pending
11833-11911 E Burnside St, Portland, OR 97216
Residential-zoned land made up of multiple tax lots, with an RM3 majority and one RM2 lot included.
Property SizeContact for details
Days on Market132
Property Features for 11833-11911 E Burnside St
General Information
Standard status
Pending
Property subtype
Land
Zoning
RM3
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
David Helvey · License #OR 201211997
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 3:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
The opportunity consists of multiple listings combined into a portfolio of residential development land across eleven tax lots zoned RM3 and one tax lot zoned RM2. The properties total 113,840 SF zoned RM3 plus an additional 18,816 SF in the RM2 tax lot, with the overall assemblage structured across three different listings that may be sold together or separately.
The site is described as being well located near Glisan Street Station and in proximity to a strip mall anchored by Safeway. Nearby transit access includes the Menlo Park Park & Ride at the corner across 122nd St., serving commuters using TriMet MAX light rail and several bus lines. The surrounding area is characterized by a mix of residential and commercial uses, along with restaurants and retail establishments.
According to the public remarks, the City of Portland has an inclusionary law requiring developments of 20+ units to add a percentage of low-income units; the multiple tax lots are described as allowing some flexibility within the Burnside Assemblage structure.
The site is described as being well located near Glisan Street Station and in proximity to a strip mall anchored by Safeway. Nearby transit access includes the Menlo Park Park & Ride at the corner across 122nd St., serving commuters using TriMet MAX light rail and several bus lines. The surrounding area is characterized by a mix of residential and commercial uses, along with restaurants and retail establishments.
According to the public remarks, the City of Portland has an inclusionary law requiring developments of 20+ units to add a percentage of low-income units; the multiple tax lots are described as allowing some flexibility within the Burnside Assemblage structure.
Key Highlights
- Residential‑zoned land comprised of 3 different listings across multiple tax lots totaling 113,840 SF RM3 plus one RM2 tax lot at 18,816 SF
- RM3 portion is divided into eleven different tax lots, plus one additional tax lot zoned RM2
- Burnside Assemblage portfolio can be sold together or separately (11833 E Burnside St, 11835 NE Couch St, and 136 NE 117th Ave)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential-zoned land made up of multiple tax lots, with an RM3 majority and one RM2 lot included.
Where is this residential land & home lot located?
The property is located at 11833-11911 E Burnside St Portland, OR.
What are key features of this property?
This property features: Residential‑zoned land comprised of 3 different listings across multiple tax lots totaling 113,840 SF RM3 plus one RM2 tax lot at 18,816 SF; RM3 portion is divided into eleven different tax lots, plus one additional tax lot zoned RM2; Burnside Assemblage portfolio can be sold together or separately (11833 E Burnside St, 11835 NE Couch St, and 136 NE 117th Ave)
