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1269 Tenino St Portland, OR 97202

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For Sale
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Permit-ready, 38-unit potential, prime location.

Property Features for 1269 Tenino St

General Information

Property type
Multifamily properties

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Listing Contact
Nicholas Diamond
Nicholas Diamond

Listing Agent: Nicholas Diamond

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 10,000 square foot corner lot in Portland, Oregon's desirable Sellwood-Moreland neighborhood presents a remarkable multifamily development opportunity. Zoned CM2, this permit-ready site allows for the construction of two 19-unit buildings, totaling 38 units, with ground-floor retail space. The property boasts a four-story building design and is conveniently located adjacent to a newly constructed New Seasons Market. Its prime location offers easy access to TriMet bus lines and numerous local restaurants and retailers, ensuring high occupancy potential. Importantly, this development is not subject to inclusionary zoning. The asking price for this exceptional investment opportunity is $3,000,000. The property's address is 1269 SE Tenino St, Portland, OR 97202, and its Assessor's Parcel Number (APN) is R267193. This is a rare chance to capitalize on the thriving Portland real estate market with a project that is ready to begin construction.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.65299937553
Latitude
45.463929799931

FAQs

What type of property is this?
Multifamily property - Permit-ready, 38-unit potential, prime location.
Where is this multifamily property located?
The property is located at 1269 Tenino St Portland, OR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Sale Price: $3,000,000; 38-unit multifamily development opportunity (two 19-unit buildings); CM2 zoning, permit-ready
(503) 222-2655 Call to check price and availability
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