OR > Portland
Portland, OR 97206,5528 SE RHONE ST
Portland, OR 97206,5528 SE RHONE ST
Portland, OR 97206,5528 SE RHONE ST
Portland, OR 97206,5528 SE RHONE ST
Portland, OR 97206,5528 SE RHONE ST
Portland, OR 97206,5528 SE RHONE ST
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Charles "Phil" Carscallen

Charles "Phil" Carscallen

MORE Realty

+1(503) 453-5512
Listed by Lovejoy Real Estate
$ 750,000
Est. payment | /mo

8,276 Sqft Lot

Save
$ 750,000
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential Recreational

Listing Status Active

Purchase Type For Sale

MLS Listing ID 379652990

Annual Tax Amount $6,344

Tax Year 2024

Lot Size 8,276 Sqft

Property Sub-Type Residential Recreational

Property Description

Prime Development Opportunity in Portland's Foster-Powell Neighborhood! This cleared and prepped site offers remarkable flexibility, whether you choose to proceed with the nearly permit-ready condo project or reimagine the space for a different development. The current design includes plans for six beautifully designed, approximately 1,800 square foot condos, each offering three bedrooms, two and a half bathrooms, and optional rooftop decks to capture stunning Portland views. The purchase includes all architectural plans and engineering, with building permits potentially ready for issuance in as little as 60 days. This project is already well underway, with right-of-way improvements 90% approved, a fully paid and approved demolition permit for the existing structures, and certified completion of lead and asbestos abatement with close-out letters. Both underground oil tanks have also been professionally removed and cleared through DEQ. Whether building stylish new condos or pivoting to another multi-unit concept, this is a rare chance to create something special in a dynamic and highly desirable community. Bring your vision and take advantage of this nearly shovel-ready development opportunity.

Location

State OR

County Multnomah

Area _143

Zoning R1

Exterior

Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable

Garage No

Building

Lot Description Corner Lot

Schools

Elementary Schools Atkinson

Middle Schools Mt Tabor

High Schools Franklin

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Regional Multiple Listing Service (RMLS)
Charles "Phil" Carscallen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 453-5512

phil.carscallen@gmail.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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5528 SE RHONE ST