$1,065,000

MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately 1.54 acres (67,170 SF per Multnomah County records) across three contiguous tax lots in Southeast Portland. Seller-provided preliminary development concept shows 51 residential units, including 36 two-bedroom units and 15 one-bedroom units with dens, plus 63 proposed parking spaces. The conceptual design features three-story walk-up buildings. ** NEW FENCE INSTALLED! ** Seller is open to selling the lots together or separately, subject to access considerations. Conveniently located near shopping, public transportation, and employment centers. Development plans are conceptual and have not been approved by the City of Portland. Proposed unit count, layout, parking, and development feasibility have not been independently verified. Buyer to verify zoning, permitted uses, utilities, access, easements, development potential, and all other property details with the appropriate authorities.