Listing Agency: Macadam Forbes s***@macadamforbes.com Show Phone

Listed By: Skip Rotticci · License #200204348

Source: Moodyscre

Added: Oct 9, 2023 Changed: Aug 8 Last Checked: Jul 16 at 8:07AM

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Investment Insights

Based on property information with market context.

A multifamily development site is available in the Sellwood/Moreland neighborhood. The site was previously planned, engineered, and approved for a four-story 38-unit multifamily building. The zoning is RM2 with a Floor Area Ratio of 1.5 and a 45' height limit. Bonus density is available. The property is located blocks from a Max Light Rail station.

Key Highlights

• Previously planned, engineered, and approved for a 38‑unit multifamily building.
• Multifamily development site in Sellwood/Moreland neighborhood.
• Blocks to Max Light Rail station.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Locksmith Catering Service Butcher Pet Grooming Service

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

815

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Multifamily development site in Sellwood/Moreland neighborhood.

Where is this land located?

The property is located at 5252 SE 18 Ave Portland, OR.

What is the asking price?

The asking price for this property is $459,900.

What are key features of this property?

This property features: Previously planned, engineered, and approved for a 38‑unit multifamily building.; Multifamily development site in Sellwood/Moreland neighborhood.; Blocks to Max Light Rail station.