0 SW Market ST Active

Portland,OR 97201

$ 495000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23022496

Annual Tax Amount $1,111

Property Description

Discover an unparalleled opportunity to craft a single family residential or a multi-family haven on this prime, city-proximate land. Enjoy stunning skyline views in an upscale neighborhood with top-notch schools and easy MAX transit access. This expansive 11,490 SF canvas spans three lots.Zoning: RM-1 with design overlay. Regulations allow 1 unit per 1500 SF or 2 units per lot, max 4 dwellings/site, no retail. No specified max density. Building coverage capped at 50%. No parking required; setbacks mandated: front (10'), side, and rear (5'). Base height allowance for new buildings: 35'.Unleash your creativity within these parameters, sculpting a masterpiece unconfined by parking constraints. Dance with setbacks, creating an elegant choreography of space. Ascend to a 35-foot pinnacle, an iconic silhouette against the city's skyline.Seize this moment to redefine urban living, where your vision converges with the limitless potential of these three lots, awaiting transformation into a single family residential or multi-family masterpiece integrated into the fabric of city life. This isn't just real estate; it's an invitation to weave dreams into a thriving community.

Location

State OR

County Multnomah

Area _148

Zoning RM1d

Exterior

Utilities Available CableAvailable,ElectricityAvailable,PublicSewer,WaterAvailable

View City, Seasonal

Building

Lot Description Trees

Schools

Elementary Schools Chapman

Middle Schools West Sylvan

High Schools Lincoln

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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