Property Description
Development opportunity on SE Powell Blvd! This 6,032 sq ft lot is zoned RM1 (Residential Multi-Dwelling 1), offering exciting potential for future residential development. RM1 zoning allows a variety of housing types, including duplexes, triplexes, fourplexes, rowhouses, courtyard housing and small apartment buildings, subject to City of Portland requirements. Located along SE Powell Blvd with convenient access to surrounding neighborhoods, transit and amenities. Property is being sold for land value; existing structure is considered a tear-down and is being sold as-is. Buyer to perform all due diligence regarding zoning, development potential, utilities and permitted uses. Excellent opportunity for a builder, developer or investor looking for a multi-dwelling residential site in Portland.
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