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Multi-Family Development Lot in RM2
For Sale
$379,900

1727 SE Cesar E Chavez BLVD, Portland, OR 97214

Development-ready city parcel in RM2 and the Better Housing by Design area for multi-family construction.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market1415

Property Features for 1727 SE Cesar E Chavez BLVD

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Land
Zoning RM2

Taxes and HOA fees

Annual Taxes $2,720

Amenities

Cleared
42.9 X 119
0.11
1
Level
Paved
Listing Agency: Windermere Community Realty
Listed By: John McPherson · License #201213231
Source: Premierepropertygroup
Added: Oct 6, 2022 Changed: Aug 8 Last Checked: Jul 1 at 12:52AM

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 Windermere Community Realty

Investment Insights

Based on property information with market context.

This listing presents a development-ready land parcel with existing entitlement for multi-family construction. The property is described as approximately 5,000 square feet and is positioned to support building a new multi-family dwelling, including higher-density options referenced as being available under the current city allowances.

The site is identified as being in the heart of the city and is specifically noted as located within the RM2 zoning designation and the new Better Housing by Design area. According to the remarks, these combined designations enable multi-family development with density options that are higher than previously allowed by the city.

For developers and builders looking for a site that can accommodate multi-family design under RM2 with the Better Housing by Design program referenced, this parcel offers a straightforward path to planning and construction. With the seller stating the lot is ready for construction, it may fit teams seeking to move directly into development planning for a multi-family project aligned with the current city framework described in the property information.

Key Highlights

  • 0.11‑acre cleared, level lot (42.9 x 119) with paved road access
  • Zoned RM2, with the parcel located in the Better Housing by Design area
  • Development‑ready city parcel for construction of a new multi‑family dwelling

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Dental Office Building Supply Parking Lot & Garage Auto Parts Store Grocery & Convenience Store

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

2,464
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development-ready city parcel in RM2 and the Better Housing by Design area for multi-family construction.
Where is this residential land & home lot located?
The property is located at 1727 SE Cesar E Chavez BLVD Portland, OR.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 0.11‑acre cleared, level lot (42.9 x 119) with paved road access; Zoned RM2, with the parcel located in the Better Housing by Design area; Development‑ready city parcel for construction of a new multi‑family dwelling
More about this property
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