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Residential Multi-Family Lot For Sale
For Sale
$199,900

5716 Southeast 122nd Avenue, Portland, OR 97236

Finished multi-family lot zoned R2.5 in Portland, Oregon.

Property Size11,761 SF
Price / SF$16
Days on Market914

Property Features for 5716 Southeast 122nd Avenue

General Information

Standard status Active
Size 11,761 SF
Property subtype Land / Multi Family
Zoning R2.5

Taxes and HOA fees

Annual Taxes $2,403
Listing Agency: Keller Williams Realty Professionals
Listed By: Andrea Guest · License #201103120
Source: Compass
Added: Apr 5, 2024 Changed: Oct 4 Last Checked: Oct 4 at 12:16PM

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 Keller Williams Realty Professionals

Investment Insights

Based on property information with market context.

This is a finished multi-family lot of a generous size. It is zoned R2.5. According to the seller, utilities are available on the lot. Engineering was completed previously. The property may be suitable for the construction of 4 townhomes or row homes, or possibly more. Interested buyers should verify all information and conduct due diligence with the City of Portland. A developer's packet is available.

Key Highlights

  • Generous sized multi‑family lot zoned R2.5.
  • Possible to build 4+ townhomes/row homes.
  • Utilities are reportedly on the lot.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Restaurant

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

375
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 - Finished multi-family lot zoned R2.5 in Portland, Oregon.
Where is this residential land & home lot located?
The property is located at 5716 Southeast 122nd Avenue Portland, OR.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Generous sized multi‑family lot zoned R2.5.; Possible to build 4+ townhomes/row homes.; Utilities are reportedly on the lot.
More about this property
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