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Development Opportunity in Portland, Oregon
For Sale
$554,900

2704 Southeast 136th Avenue, Portland, OR 97236

RM1 zoned land suitable for various residential development projects.

Property Size22,215 SF
Price / SF$24.98
Days on Market618

Property Features for 2704 Southeast 136th Avenue

General Information

Standard status Active
Size 22,215 SF
Property subtype Land / Multi Family
Zoning RM1

Taxes and HOA fees

Annual Taxes $3,561

Amenities

Garage, Residence
Listing Agency: Tim Shannon Realty, Inc.
Listed By: Tim Shannon · License #890800048
Source: Compass
Added: Jan 24, 2025 Changed: Oct 3 Last Checked: Oct 4 at 1:06PM

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 Tim Shannon Realty, Inc.

Investment Insights

Based on property information with market context.

This property presents a development opportunity with RM1 zoning, allowing for the construction of plexes, row houses, apartments, or cottage cluster housing. The existing home on the lot offers the potential to be split off. Additionally, there is a shop/garage on the premises with the possibility of an apartment above. Please note that the sale is subject to court approval. The property is located in Portland, Oregon.

Key Highlights

  • Zoned RM1, allowing for diverse development options including plexes and apartments.
  • Development opportunity awaits.
  • Existing home can be split off, offering flexibility.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hair Salon Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby

Demographics for 97236, OR

40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - RM1 zoned land suitable for various residential development projects.
Where is this residential land & home lot located?
The property is located at 2704 Southeast 136th Avenue Portland, OR.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: Zoned RM1, allowing for diverse development options including plexes and apartments.; Development opportunity awaits.; Existing home can be split off, offering flexibility.
More about this property
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