#24548612, Reuben Schug, Listing Office: Windermere Realty Trust
Property details
About This Home
Welcome to a prime piece of real estate located at 23 NE 151st Ave! This expansive 1-acre lot offers a fantastic opportunity for development, with zoning designated as RM2dh (Residential Multi-Dwelling 2). This zoning allows for a variety of residential uses, including multi-family housing, making it an ideal location for builders, developers, or investors seeking to capitalize on the growing demand for housing in this desirable area.The spacious 1-acre lot provides ample room for a range of residential projects, whether you're looking to build multi-family units or explore other creative housing options within the RM2dh guidelines. The property is ideally located within walking distance to the East 148th Ave MAX Light Rail Station (Blue Line), offering exceptional transit access and convenience for residents.Additionally, this property is situated within a Qualified Census Tract (QCT), which may open up opportunities for various financing incentives, tax credits, or other development benefits designed to support growth and revitalization in targeted areas.We also have conceptual massings available to help visualize the potential of this lot, providing you with valuable insights into possible development options. This makes it easier to envision the future of the property, whether for a multi-family building or other residential uses.This location strikes the perfect balance of a tranquil setting with proximity to essential amenities, transportation routes, and local attractions, ensuring both accessibility and privacy.Don’t miss out on the opportunity to secure this versatile property with its excellent zoning potential, outstanding location, and conceptual designs. Whether you're looking to build your dream project or expand your portfolio, this property is ready to accommodate your vision. Contact us today for more information and to schedule a viewing
Highlights
Summary
- MLS Number: 24490526
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Real Estate Investment Group
- Office Phone: (503) 222-1655
- Listing Agent: Nicholas Diamond
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Last updated on: 2/11/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![caption unavailable](/homes/listing-images/47717143_S0422/S0422/S0422-R0100/24490526/24490526-1.jpg?version=1732302886&width=640)
$1,200,000
Address not disclosed
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 08, 2021 | Home Sold | $500,000 |
Jan 11, 2018 | Home Sold | $300,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $183,450 | $4,152 |
2022 | $178,110 | $4,089 |
2021 | $172,930 | $4,089 |
2020 | $167,900 | $4,036 |
2018 | $179,700 | $3,890 |
2017 | $174,470 | $3,751 |
History based on county public records data.
Nearby schools
2
Glenfair Elementary School
Public District KG-5
0.2 mi
•15300 NE Glisan St
4
Parklane Elementary School
Public District KG-5
0.7 mi
•15811 SE Main St
5
Menlo Park Elementary School
Public District PK-5
1.1 mi
•12900 NE Glisan 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 $31,364. Residents of Portland, OR typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
Features: 0 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,200,000.
Over 140 listings were sold over their listed price in January 2025 in Portland, OR. In the same period over 247 listings were sold below the listed price and 118 listings were sold for the listed price. The number of homes for sale in Portland, OR increased by 6.6% between December and January 2025. The median list price of listings available in January 2025 was $545,233, while the average time on the real estate market was 71 days.