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Portland 97218 Cully
4381 NE PRESCOTT ST
$1,700,000
Land - For Sale

4381 NE PRESCOTT ST

Portland, OR 97218
bedrooms
Studio
bathrooms
0 Bath
$12,135
Estimated Monthly
$0
HOA / Fees
-2.00%
Cap Rate

About This Property

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.
Unit Size
-
Days on Market
361 days
Land Size
0.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3,787
HOA Dues
-
Year Built
-
Listed By
Daniel Silvey
Knipe Realty ERA Powered
Last updated: 3 months ago (RMLSOR #23465308)

Price History

Date / Event Date Event Price
May 2, 2023 Listed by Knipe Realty NW Inc $1,700,000
Listed by Knipe Realty NW Inc

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,392
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: STEIGERWALD ADD
  • Land Acres: 0.307
  • Legal Description 1: STEIGERWALD ADD, BLOCK 3, LOT 15&16 TL 16401

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 007500

Zoning

  • Zoning: RM

Geography

  • Account Number: R793501990
  • Parcel: R707258
  • Block: 3
  • Lot: 15,16
  • Latitude: 45.5559
  • Longitude: -122.619

    Address

  • Full Address: 4381 Ne Prescott St
  • Address - House Number: 4381
  • Street Direction: NE
  • Address - Street Name: Prescott
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C021
  • 4-Digit Zip Code: 1633
  • Zip Code: 97218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,871
  • Tax Rate Code Area: 800

    Market Valuation

  • Market Total Value: $306,250
  • Market Land Value: $306,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,090
  • Assessed Land Value: $146,090

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Northeast Neighbors Incorporated


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5624 Ne 42nd 1-70, Portland, OR, 97218

$895 /mo

  • 1 Bed
  • 1 Bath
  • 562 ft²
5624 Ne 42nd 1-70 #5662 NE 42Nd Ave, Portland, OR, 97218 Listing by Kimberly Court


Frequently Asked Questions

When was property at 4381 Northeast Prescott Street built and last sold?
The property at 4381 Northeast Prescott Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4381 Northeast Prescott Street is $1,717,000.
What are some comparable homes to 4381 Northeast Prescott Street?
There are currently no comparable homes to 4381 Northeast Prescott Street.

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