Listing Agency: WINDERMERE REALTY TRUST m***@windermere.com Show Phone

Listed By: MIKAL APENES

Source: Corcoran

Added: May 13 Changed: Aug 8 Last Checked: Jul 23 at 7:48AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity in Montavilla, featuring a duplex situated on a 10,000 square foot level lot. The zoning is R5, suggesting potential for constructing two four-plexes or eight cottages. The value is primarily attributed to the land. Buyers are advised to independently verify all development possibilities.

Key Highlights

• 10,000 square foot level lot
• Zoned R5
• Development opportunity

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair

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

1,078

Businesses Nearby

Explore this area Business Placement

Demographics for 97213, OR

31,260

Population

14,971

Households

2.1

Avg Household Size

40

Median Age

61%

College-Educated

95%

High-School Grad

4.0 sq mi

ZIP Area

7,815

Density / Sq Mi

$95,801

Median Household Income

$56,941

Median Earnings

$1,490

Median Rent

$609,100

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 10,000 sq ft lot zoned R5.

Where is this land located?

The property is located at 542 NE 80TH Portland, OR.

What is the asking price?

The asking price for this property is $585,000.

What are key features of this property?

This property features: 10,000 square foot level lot; Zoned R5; Development opportunity