Multifamily Development Site
For Sale
Contact for pricing
5515 NE Flanders St, Portland, OR 97213
Permit-ready 5-unit multifamily development site near Providence Portland Hospital.
Property SizeContact for details
Days on Market1393
Property Features for 5515 NE Flanders St
General Information
Standard status
Active
Property subtype
Land
Zoning
RM1
Listing Agency:
Knipe Realty ERA Powered
(503) 201-8537
Listed By:
Daniel Silvey · License #OR
Source:
Crexi
Added: Oct 28, 2022
Changed: Aug 8
Last Checked: Aug 8 at 11:37AM
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 Knipe Realty ERA Powered
Investment Insights
Based on property information with market context.
This is a developer opportunity to purchase a fully entitled, shovel/permit-ready 5-unit multifamily development site. The property is located on NE Flanders and NE 55th, just one block south of Glisan and within walking distance of Providence Portland Hospital. The site is approved for a 5-unit three-story wood frame apartment building. The unit mix includes all 1-bedroom units. The property is zoned RM1.
Key Highlights
- Fully entitled and shovel/permit‑ready 5‑unit multifamily development site.
- Approved for a 5‑unit three‑story wood frame apartment building.
- Located one block south of Glisan.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,415
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?
Residential land & home lot - Permit-ready 5-unit multifamily development site near Providence Portland Hospital.
Where is this residential land & home lot located?
The property is located at 5515 NE Flanders St Portland, OR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully entitled and shovel/permit‑ready 5‑unit multifamily development site.; Approved for a 5‑unit three‑story wood frame apartment building.; Located one block south of Glisan.
