Ideal Development Opportunity in Portland
14650 E Burnside St
Portland, OR 97233
FOR SALE
Property Type:
Multifamily LandAmount:
$768,000
Last Verified:
Jan 20, 2022Highlights
- Right across the street from MAX Blue Line stop
- In close proximity to I-84 and I-205 connection
- Ability to build up to 64 units on property
- Close to David Douglas High School and Glenfair Elementary
- FAR 2:1 with Bonus FAR 4:1 (36,120 SF)
Description
Rare 0.2 acres available for development on busy East Burnside Street. Zoned RM3, up to 64 units can be built on this parcel. The property lies across the street from a Max Blue Line stop, and in close proximity to the I-84 and I-205 interchange. David Douglas High School and Glenfair Elementary are within easy walking distance making for the perfect multifamily or mixed use building. Big box retail, grocery stores, restaurants, and childcare services are all within a short drive.
TriMet MAX Blue Line E 148th Stop across the street, making for the perfect setting for multifamily or mixed use apartments. I-205 and 30 are minutes away.
Lot Size: 0.21 acres