Estimated payment $6,683/month
Highlights
- 1 Acre Lot
- 3-minute walk to E 148Th
- Level Lot
- No HOA
- Landscaped with Trees
- 3-minute walk to Glenfair Park
About This Lot
Welcome to a prime piece of real estate located at 23 NE 151st Ave! This expansive 1-acre lot offers a fantastic opportunity for development, with zoning designated as RM2dh (Residential Multi-Dwelling 2). This zoning allows for a variety of residential uses, including multi-family housing, making it an ideal location for builders, developers, or investors seeking to capitalize on the growing demand for housing in this desirable area.The spacious 1-acre lot provides ample room for a range of residential projects, whether you're looking to build multi-family units or explore other creative housing options within the RM2dh guidelines. The property is ideally located within walking distance to the East 148th Ave MAX Light Rail Station (Blue Line), offering exceptional transit access and convenience for residents.Additionally, this property is situated within a Qualified Census Tract (QCT), which may open up opportunities for various financing incentives, tax credits, or other development benefits designed to support growth and revitalization in targeted areas.We also have conceptual massings available to help visualize the potential of this lot, providing you with valuable insights into possible development options. This makes it easier to envision the future of the property, whether for a multi-family building or other residential uses.This location strikes the perfect balance of a tranquil setting with proximity to essential amenities, transportation routes, and local attractions, ensuring both accessibility and privacy.Don’t miss out on the opportunity to secure this versatile property with its excellent zoning potential, outstanding location, and conceptual designs. Whether you're looking to build your dream project or expand your portfolio, this property is ready to accommodate your vision. Contact us today for more information and to schedule a viewing
Listing Agent
Real Estate Investment Group License #200403266 Listed on: 11/22/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,152
Lot Details
- 1 Acre Lot
- Level Lot
- Landscaped with Trees
- Property is zoned RM2
Schools
- Glenfair Elementary School
- Oliver Middle School
- David Douglas High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R109824
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,321 | $188,950 | $188,950 | -- |
| 2023 | $4,152 | $183,450 | $183,450 | $0 |
| 2022 | $4,090 | $178,110 | $0 | $0 |
| 2021 | $4,037 | $172,930 | $0 | $0 |
| 2020 | $3,644 | $167,900 | $0 | $0 |
| 2019 | $3,458 | $163,010 | $0 | $0 |
| 2018 | $3,890 | $179,700 | $0 | $0 |
| 2017 | $3,752 | $174,470 | $0 | $0 |
| 2016 | $3,576 | $169,390 | $0 | $0 |
| 2015 | $3,480 | $164,460 | $0 | $0 |
| 2014 | $3,388 | $159,670 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | For Sale | $1,200,000 | +140.0% | -- |
| 07/08/2021 07/08/21 | Sold | $500,000 | -16.5% | $508 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/15/2021 01/15/21 | Price Changed | $599,000 | +20.0% | $609 / Sq Ft |
| 12/11/2020 12/11/20 | For Sale | $499,000 | +66.3% | $507 / Sq Ft |
| 01/11/2018 01/11/18 | Sold | $300,000 | -42.9% | $305 / Sq Ft |
| 09/21/2017 09/21/17 | Pending | -- | -- | -- |
| 09/29/2016 09/29/16 | For Sale | $525,000 | -- | $534 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Fidelity Natl Ttl Co Of Or | |
| Warranty Deed | $300,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | Credit Line Revolving |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24490526
APN: R109824
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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