$750000
Price cut: $49K (07-15-2025)
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Bed
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Bath
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SqFt
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400 DOM
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Built:
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Status: Active
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7/15/25 Update: Price Decreased! This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.
Listing Provided Courtesy of Frederick Seid, Fathom Realty Oregon, LLC
General Information
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24108164
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MultiFamily
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400 DOM
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0.72 acres
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RM1
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Multnomah
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R244271
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Harrison Park
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Harrison Park
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Leodis McDaniel
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Land
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MultiFamily
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PITTOCK GROVE, BLOCK 2, LOT 4 EXC PT IN ST, PITTOCK GROVE, BLOCK 2, LOT 5 EXC PT IN ST
Listing Provided Courtesy of Frederick Seid, Fathom Realty Oregon, LLC
PDXA1 Realty Group data last checked: Sep 27, 2025 00:57 | Listing last modified Sep 27, 2025 01:18,
Source:
Residence Information
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No
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Features and Utilities
Financial
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3206.07
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0
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Cash,Conventional
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08-23-2024
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No
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No
Comparable Information
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400
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400
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Cash,Conventional
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$820,000
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$750,000
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Sep 27, 2025 01:18
Schools
Map
Listing courtesy of Fathom Realty Oregon, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Sep 27, 2025 00:57 | Listing last modified Sep 27, 2025 01:18.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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