For Sale
$1,500,000

4410 Belmont StPortland, OR 97215

Permit-ready, 19-unit multifamily project in SE Portland.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional development opportunity presents a prime 5,336 square foot corner lot (APN R169534) located at 4410 SE Belmont St, Portland, Oregon 97215, in the desirable Sunnyside neighborhood. Zoned CM2, this property allows for a mixed-use development, currently permitted for a 19-unit multifamily building with ground-floor retail space. The four-story design incorporates a private resident courtyard. Importantly, this project is not subject to inclusionary zoning. The site's convenient location offers easy access to TriMet bus lines and a variety of nearby restaurants and shops. The asking price for this permit-ready development is $1,500,000. This represents a unique chance to capitalize on the strong demand for multifamily housing and retail space in this vibrant Portland neighborhood. The property's size and zoning provide significant flexibility for a developer seeking to create a high-quality, mixed-use project. This is a truly exceptional opportunity to acquire a fully permitted development site in a prime location. Don't miss out on this chance to build a thriving community asset.

Highlights

  • $1,500,000 asking price.
  • 19 units, including ground floor retail space.
  • CM2 Commercial/Mixed-Use zoning.
  • 5,336 square foot lot.

Property Details for 4410 Belmont St

Property type
Land

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.516447556959
Longitude
-122.61711529363
4410 Belmont St, Portland, Oregon

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4410 Belmont St
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