118 NE 16TH AVEPortland, OR97232
$2,449,000
33 total units
SqFt10000to14999
Elementary School: Buckman
Middle School: Hosford
High School: Cleveland
Zoning: RH
1292 days on market
VestorFilter™
Price per unit$74.2K/unit
Recent price drop$100,000
Time on market1292 days
Property Description
Prime NE location in the Kerns neighborhood. 12,790 sq ft lot fully entitled with approved plans for 33 unit apartment building with zero Inclusionary zoning. Permits ready to be picked up now! Superior location with restaurants, parks, shops.
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Financial Data
Price ChangeDropped $100,000 on 03/29/2024
Total $300,000 drop
Total $300,000 drop
Original Price$2,749,000
Current Price$2,449,000
Property Taxes$5,322
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Home Facts
StatusActive
Year Built2021
MLS ID20265006
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4