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Map
$850,000
●
Land -
For Sale
4290 SW 160TH AVE
Beaverton, OR 97078
Studio
0 Bath
$4,436
Estimated Monthly
$0
HOA / Fees
0.97%
Cap Rate
About This Property
Middle Housing HB2001 allows you to divide the duplex lots during
construction & develop a total of 16 lots. We are excited to
present a prime real estate opportunity at 4290 SW 160th in
Beaverton, Oregon. This exceptional property comes with a
thoughtfully laid out development plat for the construction of 8
townhomes and 4 duplexes, Heritage Commons has preliminary
approval, & with minimal infrastructure to install, development
cost are expected to be reasonable, making this opportunity a
lucrative venture.This streamlined approval process reduces
potential delays allowing for a quicker and more efficient
development timeline. The property benefits from the city's
amenities and conveniences. Its proximity to schools, parks,
shopping centers, and major transportation routes enhances its
desirability for potential homeowners or renters. The mix of
housing caters to a diverse range of residents,from families
seeking their first home to investors looking for a rental
portfolio. This project aligns with the current market trends and
demands for modern, energy-efficient, and conveniently located
midde housing.We invite you to explore the possibilities that this
development opportunity presents.
Unit Size
-
Days on Market
84 days
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
$262
HOA Dues
-
Year Built
1953
Listed By
Last updated: 3 months ago (RMLSOR #24131671)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 7, 2024 | Listed by RE/MAX equity group | $850,000 | |
Listed by RE/MAX equity group | |||
Jul 26, 2022 | Sold | $675,000 | |
Sold | |||
Jul 30, 2021 | No longer available | - | |
No longer available | |||
Jul 10, 2021 | Price Decreased |
$725,000
↓ $74K
(9.3%)
|
|
Price Decreased | |||
Jun 1, 2021 | Listed by RE/MAX Equity Group | $799,000 | |
Listed by RE/MAX Equity Group | |||
|
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An extremely rare mid scale infill development site. Home on
property is rented and seller has gone through the pre-application
process and a feasibility study. This is an excellent opportunity
for a developer to cash flow a property in two phases during
development. Possible contract terms available and all documents
regarding the development can be provided at request.
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