
Courtesy of Premiere Property Group, LLC
$150,000
Seller open to seller-carried financing options! Contact your agent for details. Discover a rare opportunity to own nearly half an acre in Portland's scenic Northwest Hills near Forest Park. This approximately 0.48-acre property consists of three parcels and offers a relatively level setting compared to many surrounding properties in the Waldemere subdivision. Zoned R7, the property presents potential for residential development, subject to City of Portland approval and buyer verification. Situated at the end of NW Mackay Avenue, where Firelane 9 begins, the property offers a secluded setting with no other homes along the road, plus Willamette River and territorial views. A unique piece of local history remains on the property: a concrete wall from the former Waldemere Reservoir, once used for fire suppression before modern water infrastructure was established. Natural gas, water, sewer, and electrical infrastructure are believed to be available in the vicinity. A nearby PGE transmission reliability project has also been proposed, which may improve electrical infrastructure in the surrounding area. Bring your vision and explore the possibilities of this distinctive Northwest Portland property! Buyer to conduct all due diligence with the City of Portland and applicable utility providers regarding zoning, permitted uses, parcel boundaries, utility availability and connections, development feasibility, permits, and associated costs.
NW Mackay Ave, Portland, OR 97231

$865 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($30,000) 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 Premiere Property Group, LLC

Courtesy of Windermere Realty Trust

Courtesy of Premiere Property Group, LLC

Courtesy of Oregon First

Courtesy of Matin Real Estate

Courtesy of Keller Williams Realty Portland Premiere

Courtesy of Matin Real Estate

Courtesy of eXp Realty, LLC

Courtesy of Premiere Property Group, LLC

Courtesy of Premiere Property Group, LLC
Courtesy of Cascade Hasson Sotheby's International Realty
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