Bought with Keller Williams Realty Portland Premiere
$240,000
$300,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
125 SE 106TH AVE Portland, OR 97216
9,583 Sqft Lot
Key Details
Sold Price $240,000
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21637576
Sold Date 06/02/21
HOA Y/N No
Annual Tax Amount $2,804
Tax Year 2020
Lot Size 9,583 Sqft
Property Sub-Type Single Family Residence
Property Description
Builders and developers! Large level lot with prime zoning for development, or build a single family home and create a flag lot behind. Current home has no value, tear it down to build a multiplex with minimum 7 units and no maximum! Per city, RM2 zoning, FAR 2.5 = 25,000 sqft of floor space allowed. Build 16 townhouses or 4 four-plexes as an example. Can be sold with ML#21200781 next door and ML#21220092 to triple the units. A lot of options here! Seller needs quick close, property sold AS-IS.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Garage No
Building
Lot Description Public Road, Trees
Schools
Elementary Schools Cherry Park
Middle Schools Floyd Light
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
Dr. Tony Kelly
Principal Broker | Keller Williams Realty Portland Premiere License ID: Licensed in Oregon