Listing provided courtesy of Handris Realty Co.MLS# 342236782MLS Provider
  • 129 days on site
  • 6 views

Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team ' opportunities like this are limited. Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725

Source: Regional MLS, MLS#: 342236782

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential
  • Lot
    0.60 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

SCOTT LEE

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    40
  • Population Density
    2,095
  • College Educated
    35%
  • Estimated Median Income
    $58,276
  • Estimated Total Home Owners
    9,552
  • Estimated Total Renters
    5,774
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    3
  • Total Population
    39,900
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 425 NE 146TH AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/27/2026Source: Regional MLS Price Reduction
$599,000 -7.8%
5/27/2026Source: Regional MLS Price Reduction
$599,000 -7.8%
2/20/2026Source: Regional MLS Added to Database
February 20, 2026
2/20/2026Source: Regional MLS Added to Database
February 20, 2026
1/27/2025Source: Regional MLS Status Change
Sold
12/30/2024Source: Regional MLS Status Change
Pending
12/10/2024Source: Regional MLS Price Reduction
$349,900 -4.1%
11/22/2024Source: Regional MLS Price Reduction
$365,000 -8.7%
11/4/2024Source: Regional MLS Added to Database
November 04, 2024