
Courtesy of Real Estate Investment Group
$1,065,000
MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately 1.54 acres (67,170 SF per Multnomah County records) across three contiguous tax lots in Southeast Portland. Seller-provided preliminary development concept shows 51 residential units, including 36 two-bedroom units and 15 one-bedroom units with dens, plus 63 proposed parking spaces. The conceptual design features three-story walk-up buildings. ** NEW FENCE INSTALLED! ** Seller is open to selling the lots together or separately, subject to access considerations. Conveniently located minutes from shopping, public transportation, and employment centers. Development plans are conceptual and have not been approved by the City of Portland. Proposed unit count, layout, parking, and development feasibility have not been independently verified. Buyer to verify zoning, permitted uses, utilities, access, easements, development potential, and all other property details with the appropriate authorities.
2706 SE 122nd Ave, Portland, OR 97236

$6,144 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($213,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

Courtesy of Real Estate Investment Group

Courtesy of Hoag Real Estate

Courtesy of Christie's International Real Estate Evergreen

Courtesy of Bohrer Realty

Courtesy of John L. Scott

Courtesy of Premiere Property Group, LLC

Courtesy of Keller Williams PDX Central

Courtesy of Berkshire Hathaway HomeServices NW Real Estate

Courtesy of Norris & Stevens Investment Real Estate Services

Courtesy of Rose Country Realty

Courtesy of Oregon First
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