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About the Listing BRCR01 - CRISTIAN
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 Highlights
Status
Active
Days on Site
3
Property Type
Residential
MLS ®
219390238
Year Built
1947
Total Square Footage
2,000
Lot/Acreage
0.12
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others: Fixer
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,195
- Taxes w/Assessments: N/A
- Tax/Property ID: R695855
- Tax Year: N/A
Payment Calculator
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Questions About..
33 SE 83rd Ave Portland, OR 97216
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