$694,900
Rare University Park development opportunity offering two separate parcels totaling approximately .18 acres within desirable R2.5 zoning. Demolition of the existing improvements is underway, creating a prime infill development site in one of North Portland’s most sought after neighborhoods. Positioned to capitalize on the flexibility afforded by Portland’s Residential Infill Project, the property presents an exceptional opportunity for builders and developers considering cottage style housing, missing middle development, or other permitted residential uses. Preliminary concepts suggest the potential for six to eight cottage homes, with additional development scenarios potentially available subject to buyer verification. The site offers the foundation for a future cottage community where elevated craftsmanship becomes everyday living. Development ready opportunities of this scale and location are increasingly difficult to find in established Portland neighborhoods. Located just moments from the University of Portland, the site offers convenient access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, along with the vibrant amenities of St. Johns, Kenton, Lombard, and the broader North Portland corridor. Buyer to perform all due diligence regarding the development and redevelopment potential of the property. Inquire for additional information regarding proposed development concepts and plans.
502854669
MLS
⋅
ACTIVE
Status
7218 N JORDAN AVE, Portland
Listing courtesy of Keller Williams Realty Portland Premiere.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.