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4822 N Vancouver Ave, Portland
$2,500,000
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- Lot size
- 37,026 sqft
- Property type
- Land
- Days on market
- 310
Overview
Located in the heart of North Portland near the N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland’s most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see Multi-Family listing #164143272. See attached Developer’s Package. City of Portland Zoning information link is also attached shown as "Other".
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 37,026 sqft
- View
- No
Schools
- High school
- Jefferson
- Middle school
- Harriet Tubman
- Elementary school
- Boise-Eliot
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM2
Location
4822 N Vancouver Ave, Portland, OR 97217
Monthly payment estimate
$15,181 /mo
- Principal and interest
- $13,306
- Property tax (estimated)
- $1,875
- Total
- $15,181
Estimate only, and not an offer of credit. Assumes 20% down ($500,000) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
