125 SE 106TH AVE Portland, OR97216
$240,000
7,000 to 9,999 SqFt
Elementary School: Cherry Park
Middle School: Floyd Light
High School: David Douglas
Zoning: RM2
1119 days on market
VestorFilter™
Price per acre$1.09M/ac
Time on market1119 days
Smart Fixer ListYes
Property Description
Builders and developers! Large level lot with prime zoning for development, or build a single family home and create a flag lot behind. Current home has no value, tear it down to build a multiplex with minimum 7 units and no maximum! Per city, RM2 zoning, FAR 2.5 = 25,000 sqft of floor space allowed. Build 16 townhouses or 4 four-plexes as an example. Can be sold with ML#21200781 next door and ML#21220092 to triple the units. A lot of options here! Seller needs quick close, property sold AS-IS.
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Financial Data
Date Sold2021-06-02
Sold Price$240,000
Original Price$300,000
Current Price$240,000
Property Taxes$2,805
Find On Map
Home Facts
StatusSold
MLS ID21637576
