Property details
About 440 N 14th Ave
Welcome to 440 N 14th Ave, a rare infill opportunity in the heart of rapidly growing Cornelius. This 14,810 sq ft (0.34-acre) lot is zoned Core Residential (CR), allowing for a wide range of housing types including townhomes, duplexes, and multifamily options. A preliminary pro forma outlines a potential 8-unit townhome development with each unit projected to sell at $435,000, offering a total revenue potential of $3.48 million and a projected 15% profit margin or $522,000. The property currently features a 2-bedroom, 1-bath, 1,435 sq ft home that could generate rental income during the permitting phase. With utility as-builts available and city water and sewer at the site, this parcel is ready for transformation. Located just minutes from schools, parks, and the Cornelius town center, and in a community seeing strong household income growth and increased housing demand, this site is ideal for developers or investors seeking a turnkey build opportunity in a thriving market.
Highlights
Summary
- Attached Garage: No
- List Price: $500,000
- Annual Tax Amount: $2,925
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Head north on N 10th Ave from Baseline. Turn left on N Davis Street. Turn right on N 14th Ave.
- Lot Size: 0.34 Acres
- MLS Number: 126704531
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Sunline Realty Group
- Office Phone: (971) 732-6264
- Listing Agent: Andrew Arthur
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
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Last updated on: 5/18/2025, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$500,000
440 N 14th Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $168,760 | $2,925 |
2022 | $163,850 | $2,592 |
2021 | $159,080 | $2,592 |
2020 | $154,450 | $2,561 |
2019 | $149,960 | $2,496 |
2017 | $141,360 | $2,344 |
History based on county public records data.
Nearby schools
4
Cornelius Elementary School
Public District KG-4
0.1 mi
•200 N 14th Ave
2
Free Orchards Elementary School
Public District PK-6
0.7 mi
•2499 S Beech St
3
Echo Shaw Elementary School
Public District PK-5
0.9 mi
•914 S Linden St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,679. The majority of Cornelius, OR residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 440 N 14th Ave
The listing price of 440 N 14th Ave property is $500,000.
The property 440 N 14th Ave is land located in Cornelius, Oregon, 97113.
Active Listing: 440 N 14th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 440 N 14th Ave are: Cornelius Elementary School (GreatSchools Rating 4/10), Free Orchards Elementary School (GreatSchools Rating 2/10), Echo Shaw Elementary School (GreatSchools Rating 3/10), Neil Armstrong Middle School (GreatSchools Rating 3/10), Forest Grove Community School (GreatSchools Rating 3/10), Evergreen Middle School (GreatSchools Rating 4/10), Glencoe High School (GreatSchools Rating 6/10), Forest Grove High School (GreatSchools Rating 5/10), Hillsboro Online Academy (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $2,925 (source: MLS/based on county public records data).
The property 440 N 14th Ave is 0.34 acres.
This home is located at 440 N 14th Ave in Cornelius, OR and zip code 97113. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $500,000.
Cornelius, OR housing market in April 2025 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 4 sold below. Between March and April 2025, Cornelius, OR real estate market has seen increase in the number of listings by 13.7%. In April 2025, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $520,000.