$450000
Price cut: $50K (05-28-2025)
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Bed
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Bath
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SqFt
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12 DOM
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Built:
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Status: Active
Love this home?
Welcome to 440 N 14th Ave, a rare infill opportunity in the heart of rapidly growing Cornelius. This 14,810 sq ft (0.34-acre) lot is zoned Core Residential (CR), allowing for a wide range of housing types including townhomes, duplexes, and multifamily options. A preliminary pro forma outlines a potential 8-unit townhome development with each unit projected to sell at $435,000, offering a total revenue potential of $3.48 million and a projected 15% profit margin or $522,000. The property currently features a 2-bedroom, 1-bath, 1,435 sq ft home that could generate rental income during the permitting phase. With utility as-builts available and city water and sewer at the site, this parcel is ready for transformation. Located just minutes from schools, parks, and the Cornelius town center, and in a community seeing strong household income growth and increased housing demand, this site is ideal for developers or investors seeking a turnkey build opportunity in a thriving market.
Listing Provided Courtesy of Andrew Arthur, Sunline Realty Group
General Information
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126704531
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MultiFamily
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12 DOM
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0.34 acres
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CR
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Washington
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R753624
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Cornelius
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Tom McCall
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Forest Grove
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Land
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MultiFamily
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TALBOT'S ADDITION TO CORNELIUS, BLOCK 8, LOT 5-6 & PT 7, ACRES 0.34
Listing Provided Courtesy of Andrew Arthur, Sunline Realty Group
PDXA1 Realty Group data last checked: Jul 27, 2025 10:00 | Listing last modified May 28, 2025 11:13,
Source:
Residence Information
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No
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Features and Utilities
Financial
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3203.66
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0
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Cash,Conventional,Other
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05-16-2025
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No
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No
Comparable Information
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12
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72
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Cash,Conventional,Other
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$500,000
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$450,000
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May 28, 2025 11:13
Schools
Map
Listing courtesy of Sunline Realty Group.
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: Jul 27, 2025 10:00 | Listing last modified May 28, 2025 11:13.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
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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.
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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