Description
Come take a look at this exciting development opportunity in Arbor Lodge. This unique property is zoned RM2 and offers great possibility in a rapidly growing area of the city. The preliminary concept suggests space for a 3 to 4 story multi-dwelling structure: Apartments, fourplexes, rowhouses, etc. This corner lot boasts excellent access on three sides boosting development potential and access for future residents. Its prime location gives you convenient access to the Max line, public transportation, and I-5 for commuters. You'll also find it's within walking distance of popular restaurants, parks, and local attractions - like the Adidas campus, the Overlook Bluff & University of Portland . The current house on site allows you to rent the property while you finalize your development plans. However, the real value lies in the land and its significant development potential. As with any development project, we encourage buyers to verify all information and complete their own due diligence to confirm feasibility.
-
4BEDS
-
0.2ACRES
-
2BATHS
-
01/2 BATHS
-
1,987SQFT
-
$403$/SQFT
School Information
Description
Come take a look at this exciting development opportunity in Arbor Lodge. This unique property is zoned RM2 and offers great possibility in a rapidly growing area of the city. The preliminary concept suggests space for a 3 to 4 story multi-dwelling structure: Apartments, fourplexes, rowhouses, etc. This corner lot boasts excellent access on three sides boosting development potential and access for future residents. Its prime location gives you convenient access to the Max line, public transportation, and I-5 for commuters. You'll also find it's within walking distance of popular restaurants, parks, and local attractions - like the Adidas campus, the Overlook Bluff & University of Portland . The current house on site allows you to rent the property while you finalize your development plans. However, the real value lies in the land and its significant development potential. As with any development project, we encourage buyers to verify all information and complete their own due diligence to confirm feasibility.
Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-07-18T08:54:52.743.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
Listing provided courtesy of Think Real Estate: .