7928 SE Crystal Springs Blvd, Portland, OR 97035

$1,600,000

Beds

Baths

2.36 ac

Property Size

Year Built

About The Property

This lucrative development site spans street to street between SE Crystal Springs Blvd and SEHarney St offering direct access from each street and maximizing layout options for roads, utilities,and building orientation. The expansive offering includes six individual tax lots, providing astrategic opportunity for subdivision developers, multifamily builders, or infill investors.The property is zoned RM1, which can support multi-dwelling residential use, including townhomes,apartments, and other middle housing types and allows for a potential density of up to 150 units(buyer to request specifics from the City of Portland/Multnomah County) So whether you’re building apartments, condos, or subdividing into smaller residential lots, this site is positioned for success in one of Portland’s emerging residential corridors. Per seller, the City of Portland may waive SDC charges for larger-scale developments, significantly reducing your cost basis (buyer to request specifics from the city of Portland). Owner financing is available, offering flexibility for qualified buyers.Reach out today to schedule a walk-through and explore the development potential!

ARCHITECTURE

INTERIOR FEATURES

EXTERIOR FEATURES

Lot Features: Wooded
Lot size (Acres): 2.36
Zoning: RM1

SCHOOLS

Elementary: Whitman
High School: Cleveland
Middle: Lane

TAX & FINANCIAL

Annual Tax: $21284.4
Terms Considered: Cash, Owner Will Carry
Tax Year: 2024

LISTING INFO

Listing courtesy of eXp Realty, LLC | 503-915-8271
Days On Market: 227

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 774468

Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.

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Erik Leland