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Listed by Handris Realty Co.

$649,900

Est. payment - /mo

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3 Beds

1 Bath

1,352 SqFt

New

425 NE 146TH AVE Portland, OR 97230

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,352 sqft

Price per Sqft $480

MLS Listing ID 342236782

Style Stories1

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1948

Annual Tax Amount $4,850

Tax Year 2025

Lot Size 0.600 Acres

Property Sub-Type Single Family Residence

Property Description

Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]

Location

State OR

County Multnomah

Area _142

Interior

Interior Features Hardwood Floors, Vaulted Ceiling, Wallto Wall Carpet

Heating Forced Air

Fireplaces Number 1

Fireplaces Type Insert

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature Workshop, Yard

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Glenfair

Middle Schools H.B. Lee

High Schools Reynolds

Others

Senior Community No

Acceptable Financing Cash, Rehab

Listing Terms Cash, Rehab

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

425 NE 146TH AVE Portland, OR 97230

Nancy Kelly

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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425 NE 146TH AVE