10412 Se DIVISION St, Portland, OR 97266

Property Description

7/15/25 Update: Price Decreased! This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.

Listing Status:

Pending

Date Added:

August 23, 2024 at 05:00AM

Listing Office:

Fathom Realty Oregon, LLC : 541-316-9643

Listing Agent:

Frederick Seid : 503-866-6682

MLS ID:

24108164

Location

• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM1PITTOCK GROVEBLOCK 2LOT 4 EXC PT IN STPITTOCK GROVEBLOCK 2LOT 5 EXC PT IN STR244271
• Current Use: Multi familyRaw landResidential

Utilities

• Utilities: None

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Frederick Seid, Fathom Realty Oregon, LLC