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  1. For Sale
  2. Land
  3. OR
  4. Portland
  5. 10412 SE DIVISION ST Portland, OR 97266
Pictures of Land, Multifamily property located at 10412 SE Division St, Portland, OR 97266 for sales - image #1
Pictures of Land, Multifamily property located at 10412 SE Division St, Portland, OR 97266 for sales - image #2
Pictures of Land, Multifamily property located at 10412 SE Division St, Portland, OR 97266 for sales - image #3
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10412 SE DIVISION ST Portland, OR 97266

Land | 0.72 acres

Listing Contacts

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Asking Price: $820,000
Earnest Money  Deposit: 3% min.
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Address 

10412 SE Division St, Portland, OR 97266

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Date Added
Aug 23, 2024
Days on Market
238 days
Time Since Last Update
117 days

Details

Property TypeLand, Multifamily
SubtypeCommercial, Residential
Investment TypeRedevelopment
Price/Sq Ft$26.15
ZoningRM1
Lot Size (acres)0.72
Broker Co-OpNo
OwnershipY & S DIVISION ST LLC
Sale ConditionFor sale by owner
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Marketing Description

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.​ This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities.​

Old House 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.​

Contact the City of Portland for more information.​ Buyer to do own due diligence.​ Call Agent for offers.​ OREF Forms only please.​ Correct Seller name for offers is Y & S DIVISION ST LLC.​ Note: Listing agent is related to seller.​

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts


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Additional Information
Broker Name
Fred Seid
Broker License
OR 201233363
Brokerage Name
Fathom Realty
Broker Title
Real Estate Broker
Brokerage Address
10121 Southeast Sunnyside Road, Clackamas, United States 97015
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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