Flag Lot Multi-Family Development
For Sale
$149,000
2856 SE 92ND AVE, Portland, OR 97266
Flag lot with RM1(MD-C) zoning for condos, townhomes, and up to four stories plus light commercial.
Property SizeContact for details
Lot Size0.33 Acres
Days on Market722
Property Features for 2856 SE 92ND AVE
General Information
Standard status
Active
Lot size
0.33 Acres
Property subtype
Land
Zoning
R2
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,796
Amenities
FlagLot,PrivateRoad,Trees
0.29
GentleSloping
Paved
Listing Agency:
Windermere Real Estate Midtown
(480) 299-0229
Listed By:
Brandy Ingebretson Alexander Altomare
(480) 299-0229
Source:
Premierepropertygroup
Added: Aug 29, 2024
Changed: Aug 8
Last Checked: Jul 7 at 4:56AM
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 Real Estate Midtown
Investment Insights
Based on property information with market context.
This offering is a serene flag lot on just under 1/3 of an acre, designed for privacy while still supporting residential development. The parcel is described as having sewer already at the curb and utilities ready at the street, with development presented as straightforward for builders and developers.
Location details include seamless access to I-205, with the Kelly Butte Natural Area nearby. The property is also described as close to Mount Tabor and within reach of additional shopping and dining options. Additional context provided notes proximity to I-5, I-84, Highway 26, MAX, bike trails, and Portland Community College. Views of downtown Portland are also referenced.
From a development standpoint, the zoning is listed as RM1(MD-C), allowing condos and townhomes, with building height up to four stories, and permitting light commercial use. This combination of development-ready utilities and flexible zoning can support a multi-family residential plan that also incorporates light commercial elements, subject to required approvals and compliance with local requirements.
Location details include seamless access to I-205, with the Kelly Butte Natural Area nearby. The property is also described as close to Mount Tabor and within reach of additional shopping and dining options. Additional context provided notes proximity to I-5, I-84, Highway 26, MAX, bike trails, and Portland Community College. Views of downtown Portland are also referenced.
From a development standpoint, the zoning is listed as RM1(MD-C), allowing condos and townhomes, with building height up to four stories, and permitting light commercial use. This combination of development-ready utilities and flexible zoning can support a multi-family residential plan that also incorporates light commercial elements, subject to required approvals and compliance with local requirements.
Key Highlights
- 0.29‑acre flag lot with gentle‑sloping land and trees
- Paved private road access and a flag‑lot configuration
- RM1 (MD‑C) zoning allows condos, townhomes, and up to four stories
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Flag lot with RM1(MD-C) zoning for condos, townhomes, and up to four stories plus light commercial.
Where is this residential land & home lot located?
The property is located at 2856 SE 92ND AVE Portland, OR.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 0.29‑acre flag lot with gentle‑sloping land and trees; Paved private road access and a flag‑lot configuration; RM1 (MD‑C) zoning allows condos, townhomes, and up to four stories
