For Sale
$1,475,000

1104 181St Ave Portland, OR 97230

1.89 Acres, Multifamily Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 1.89-acre (82,328 sq ft) development site in Portland, Oregon, presents a compelling investment opportunity. Located at 1104 NE 181st Ave, in Multnomah County (zip code 97230), this flat, high-visibility property is zoned CMF (Corridor Multi-Family), ideal for market-rate, workforce, or affordable housing projects. The asking price is $1,475,000, translating to approximately $17.92 per square foot. Its prime location offers convenient access to key amenities and transportation. The site enjoys close proximity to Troutdale and Downtown Gresham, and is less than a mile from the E 181st Ave Blue Line MAX station on E Burnside St, ensuring excellent transit connectivity for future residents. This presents a rare chance to develop multifamily housing in a rapidly growing area of East Multnomah County. The property's size and zoning regulations provide significant flexibility for a variety of development plans. Don't miss this chance to capitalize on the strong demand for housing in this desirable location.

Highlights

  • Multi-family zoned land in a desirable community.
  • Excellent development opportunity for market-rate, workforce, or affordable housing in East Multnomah County.
  • Convenient location near Troutdale and Downtown Gresham.
  • Less than one mile from the E 181st Ave Blue Line MAX station.
  • Prime Gresham location on E 181st Ave, near the E 181st Ave Blue Line MAX station.

Property Details for 1104 181St Ave

Property type
Land, Apartment buildings
Square Feet
82,328 SF
Lot Size (sq. ft)
82,328 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.530930327994
Longitude
-122.47717133288

FAQs

What type of property is this?
Land - 1.89 Acres, Multifamily Opportunity
Where is the land located?
The property is located at 1104 181St Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Multi-family zoned land in a desirable community.; Excellent development opportunity for market-rate, workforce, or affordable housing in East Multnomah County.; Convenient location near Troutdale and Downtown Gresham.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1104 181St Ave
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