4990 NE 26TH AVE Active

Portland,OR 97211

$ 449900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24637693

Annual Tax Amount $3,365

Tax Year 2024

Lot Size 3,049 Sqft

Property Description

This is a developer's dream! Situated on a highly coveted corner lot right on NE Alberta, this property offers unparalleled access to some of Portland's best restaurants, coffee shops, boutiques, and vibrant community amenities—literally right outside your doorstep. The plans for a luxury-style 5-plex development are permit-ready and set to feature 5 spacious, 4-level units. Each unit is designed with modern living in mind, including a separate living quarter on the main level, making it an excellent option for rental income or multi-gen living. The upper-level primary suite features a private balcony with stunning city views, offering the perfect blend of urban living and tranquility. This rare opportunity combines a sought-after location, a meticulously designed build, and the potential for strong returns. Whether you're a seasoned developer or looking for your next big project, this is an exceptional investment. Don't miss out on making your mark in one of Portland's most desirable neighborhoods!

Location

State OR

County Multnomah

Area _142

Zoning CM2

Exterior

Utilities Available ElectricityAvailable,PublicSewer,WaterAvailable

Garage No

Building

Lot Description Corner Lot

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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