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    OFF-MARKET
    Commercial real estate

    4510 128Th Ave, Portland, OR 97236

    Property ID
    US71-0940587
    Property summary
    AI-generated overview

    This 8,624 sq ft residential lot in Portland, Oregon (Multnomah County, zip code 97236) presents a unique development opportunity. Located at 4510 SE 128th Ave, this flat, sunny corner lot boasts R10 zoning, allowing for diverse uses including single-family homes with accessory dwelling units (ADUs), multifamily dwellings, middle housing, cottage clusters, detached condos, and manufactured homes. Its ideal location across from a school and near Powell Butte Nature Park, I-205, I-84, the Columbia River Gorge, bus lines, and bike routes provides excellent access to amenities and major transportation corridors. The property is conveniently situated near Inner SE & NE Portland. The lot is currently available for sale as a single half-acre parcel, but there's a possibility of purchasing additional adjacent lots. Final plat approval is ready for recording, and the seller is open to exploring creative development partnerships. This presents a timely investment opportunity in a market with limited inventory. The asking price is $250,000.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US71-0940587
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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