$599,900
Perfect opportunity for close in large scale development on a ~0.23 acre RM4 site in Sellwood Moreland. With ~100x100 lot dimensions and ~100 feet of road frontage along SE 18th, the property offers a clean urban infill opportunity in one of inner SE Portland’s most connected locations. Minutes to downtown Portland and positioned near Sellwood-Moreland, Westmoreland, Brooklyn, and other popular SE Portland destinations, this site benefits from the fundamentals developers look for: transit access, neighborhood commercial corridors, established residential demand, and lifestyle amenities that help support future housing appeal for years to come. Set near SE 17th, SE Milwaukie, and Holgate, the property is close to coffee, dining, parks, trails, and everyday services. Westmoreland Park, Sellwood Park, Oaks Bottom Wildlife Refuge, Sellwood Riverfront Park, and the Springwater Corridor are all part of the surrounding neighborhood draw, giving future residents access to outdoor recreation and some of inner SE Portland’s most valued green space. Nearby transit helps connect the area to downtown Portland, South Waterfront, PSU, Milwaukie, and the broader eastside. RM4 is a high density multi dwelling zone applied near the Central City, station areas, and along civic corridors served by frequent transit and close to commercial services. The zone supports high density urban housing with a high percentage of building coverage, little or no front setback, and housing characterized by mid to high rise buildings, typically 4 to 7 stories. RM4 zoning may support townhome or high density apartment concepts, subject to City of Portland review and all applicable requirements. Buyer to perform all due diligence with the City of Portland and applicable utility providers regarding utilities, access, driveway approvals, setbacks, parking, permitted uses, lot configuration, separate buildability of lots, and overall development feasibility.
462339850
MLS
5205 SE 18TH AVE, Portland
