$1100000
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3 Bed
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3.5 Bath
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2000 SqFt
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0 DOM
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Built: 1947
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Status: Active
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Located just off E Burnside Street in Portland’s Montavilla neighborhood, this offering consists of two adjacent parcels totaling approximately 0.22 acres with CM2 (Commercial Mixed-Use 2) zoning. Positioned in one of East Portland’s most established and walkable neighborhoods, the property presents a compelling opportunity to develop high-density multifamily housing in a strong rental submarket with convenient access to neighborhood amenities, transit, and major employment corridors. The offering includes one vacant parcel and one improved parcel containing a 2,624 square foot single-family home built in 1947. The home is currently leased to a month-to-month tenant providing interim income while a developer advances development plans.A full development package has been completed for the property, including architectural plans, a geotechnical report, plumbing plans, survey work, mechanical engineering and a first submission of plans to the city with corrections noted, significantly reducing the upfront time and cost associated with early-stage development. The proposed project consists of a 30-unit apartment building comprised of efficiently designed one- and two-bedroom units tailored to the strong demand for attainable housing in Portland’s close-in eastside neighborhoods. *Square footage and bedroom count need to be verified by buyer.
Listing Provided Courtesy of Ian Crist, Bridge Creek Realty
General Information
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219390238
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SingleFamilyResidence
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0 DOM
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3
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5227.2 SqFt
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3.5
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2000
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1947
-
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Multnomah
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R695855
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Vestal
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Harrison Park
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Leodis McDaniel
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Residential
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SingleFamilyResidence
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TERRACE PK, BLOCK 10, LOT 14
Listing Provided Courtesy of Ian Crist, Bridge Creek Realty
PDXA1 Realty Group data last checked: Apr 06, 2026 21:27 | Listing last modified Apr 06, 2026 16:29,
Source:
Residence Information
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1000
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1000
-
0
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2000
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NA
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2000
-
-
3
-
3
-
1
-
3.5
-
-
1,
-
Other
-
-
2
-
1947
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No
-
-
Other
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-
-
-
-
-
-
Features and Utilities
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-
-
-
-
-
-
-
ForcedAir
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PublicSewer
-
-
Electricity
Financial
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2194.93
-
0
-
-
-
-
Assumable,Cash,Conventional
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04-06-2026
-
1962
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No
-
No
Comparable Information
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-
0
-
0
-
-
Assumable,Cash,Conventional
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$1,100,000
-
$1,100,000
-
-
Apr 06, 2026 16:29
Schools
Map
Listing courtesy of Bridge Creek Realty.
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: Apr 06, 2026 21:27 | Listing last modified Apr 06, 2026 16:29.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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