Active

2359 SE 124TH AVE

Portland OR, 97233

$399,000


$21.30 per sqft

Active

0.43 Acres

Land

Courtesy of RE/MAX Northwest

Opportunity awaits! This property is ideally located close to mass transportation, shopping, and entertainment. With an existing foundation in place from a 10-unit building, you possibly have the option to use the existing foundation or build new for higher density. - The property is situated in a CM2 zone, a medium-scale, commercial mixed-use zone perfect for sites in various centers and corridors, other mixed-use areas with frequent transit, or larger areas designated for multi-dwelling development. Buildings in this zone can typically be up to four stories, with potential bonuses allowing up to five stories in some locations. - Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units near transit. Specific allowable uses in this zone include retail sales and services, office space, household living, vehicle repair, institutional uses, and limited manufacturing. - Buyers are advised to verify all information and conduct their own due diligence.

24371497

MLS ID

June 14, 2024

Listed

December 20, 2024

Updated

Map

2359 SE 124TH AVE
Portland OR, 97233

Exterior/Building Features

Lot Size

0.43 Acres

School Information

High School

David Douglas


Elementary School

Mill Park

Other Property Details

Area Name

_143


Taxes

$5,573


Tax Frequency

Annually


Days on Market

189


Garage

No


View

No


County

Multnomah


Pool

No


Zoning

CM2d

Listing History

Date

Event

Price

12/20/2024

Price change

$399,000

-12%

10/17/2024

Price change

$450,000

-8%

10/17/2024

Price change

$486,900

-4%

9/16/2024

Price change

$502,000

-3%

8/17/2024

Price change

$517,500

-3%

7/15/2024

Price change

$533,500

-3%

Listing Courtesy of RE/MAX Northwest, Shawn Watson. 503-440-2039

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Wings NW Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 12/20/2024, 11:48 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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