4381 Northeast Prescott Street

Portland, OR 97218

$1,700,000
Price
13,503 / 0.31
Lot Size / Acres

Description

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries. Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street. Investment Highlights:Approved plans, ready to develop immediately. Wood frame design - limit construction...Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries. Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street. Investment Highlights:Approved plans, ready to develop immediately. Wood frame design - limit construction costs without steel or concrete. Ideal inner NE Portland location for rental units.
  1. Listed by Daniel Silvey • Knipe Realty ERA Powered • 503-201-8537

Property Details for 4381 Northeast Prescott Street

Zoning
RM1
LISTING UPDATED: 12/25/2024 12:25 AM

Property Details for 4381 Northeast Prescott Street

StatusActive
MLS #23465308
Days on Market605
Taxes$3,787 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.31 AC
CountyMultnomah County

Building Information for 4381 Northeast Prescott Street

Building Size-Lot Size0.31 AC

Property Information for 4381 Northeast Prescott Street

Summary
Location and General Information
  • Country: US
  • Directions: NE Prescott, west of NE 42nd Avenue
  • Road Surface: Paved
School Information
  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $3,787.45
  • Parcel Number: R707258
  • Tax Legal Description: STEIGERWALD ADD, BLOCK 3, LOT 15&16 TL 16401
Property
Lot Information
  • Acres: 0.31
  • Lot Description: Cleared, Public Road
  • Lot Size Square Feet: 13503.0
  • Lot Size Dimension: 50 x 100 x 185
  • Number Of Lots Total: 1
  • Current Use: Raw Land
  • Land Description: Level
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: None

Public Records for 4381 Northeast Prescott Street

Taxable ValueLand-Additions-Total-
Tax Record2024$4,026 ($335 / month)
Home Facts
Beds0Lot Size13,392 SqFtStyleResidentialZoningRMCountyMULTNOMAHAPN1N2E19BC 16401

Schools near 4381 Northeast Prescott Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vernon Elementary School
Public - PK to 8
Jefferson High School
Public - 9 to 12
Leodis V. McDaniel High School
Public - 9 to 12
Alliance High School
Public - 9 to 12
Rating
School
Distance
Vernon Elementary School
PublicPK to 8

Jefferson High School
Public9 to 12

Leodis V. McDaniel High School
Public9 to 12

Alliance High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4381 Northeast Prescott Street, Portland, OR 97218

4381 Northeast Prescott Street is a 0.31 ac of land for sale in Portland, OR 97218. This property was listed for sale on May 2, 2023 by Knipe Realty ERA Powered, it's currently listed at $1,700,000. This listing's school district is Portland School District 1j. Nearby schools include Vernon Elementary School, Jefferson High School and Leodis V. McDaniel High School. 4381 Northeast Prescott Street is a 0-bed, 0-bath, 0.31 ac of land on a 13,503 sq. ft. / 0.31 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Knipe Realty ERA Powered

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 12/25/2024 12:25 AM