SE Steele St - Residential LAND FOR SALE


Portland, OR 97236- Powellhurst-Gilbert88,862 SF
$799,000 USD
503-225-8487
SE Steele St, Portland, OR for Sale
$799,000 USD
Residential LAND - FOR SALE
1/7
88,862 SF

SE Steele St
Portland, OR 97236
Powellhurst-Gilbert


OVERVIEW

“Powellhurst-Gilbert is located in Southeast Portland and is one of the city’s largest neighborhoods by both area and population. Today, Powellhurst- Gilbert is characterized by a blend of older homes, newer developments, and large sections of green space, reflecting both its agricultural past and ongoing growth. • Continued population growth expected, driven by affordability compared to central Portland neighborhoods • Ongoing investment in infrastructure and public transit, improving access for residents and businesses • Increasing interest from small businesses and retail due to rising residential density • Potential for growth in health care, social services, and multicultural retail, reflecting the area’s diverse population COMPLETED SITE WORK Approved plans for 91 units + 44 parking spaces • Sewer laterals in-place • 2” water service tied to townhomes • Power feeders run to transformers • Previous retention pond approval (buyer to verify) • DEQ NSA completed • Construction monitoring report completed by Carlsen Engineers • Geotech engineering work completed (report available) • Phase I and ALTA survey available

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/ACRE

$391,667/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SE Steele Street Multifamily Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Single Family Development

LAND ACRES

2.04 AC

LAND SF

88,862 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R5, RM1

APN/PARCEL ID

R255120,R255121,R255122,R255123

ASK ABOUT THIS PROPERTY

David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.