1727 Cesar Estrada Chavez Blvd Portland, OR 97214
- Land
Current Use by Public Records
- Land
Property Details for 1727 Cesar Estrada Chavez Blvd
- Property type
- Land
Description
This exceptional 5,000+ square foot lot, located at 1727 SE Cesar E Chavez Blvd in Portland, Oregon (zip code 97214), presents a unique investment opportunity. Situated in Multnomah County, this property boasts an enviable RM2 multifamily zoning designation, allowing for the construction of a higher-density multi-family dwelling than previously permitted. The lot dimensions measure approximately 42.9 feet by 119 feet. This prime location benefits from exceptional walkability and bikeability, boasting a WalkScore of 93 and a BikeScore of 100, reflecting its proximity to amenities and transportation options. The property is situated within the city's Better Housing by Design area, further enhancing its development potential. The asking price for this rare land parcel is $399,900. This is a chance to capitalize on the high rental demand and create a significant income-generating asset in a thriving urban environment. Don't miss this chance to acquire a piece of Portland's vibrant real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.623
- Latitude
- 45.5103
