Vermont St - Prime Dev Opp: 8,500sqft Lot 0.2 Acres of Commercial Land Offered at $599,900 in Portland, OR 97219

INVESTMENT HIGHLIGHTS

  • Prime Multnomah location!
  • 8,550 sqft lot
  • Proposed 8 unit Cottage Cluster

EXECUTIVE SUMMARY

Incredible investment opportunity in the highly desirable Multnomah neighborhood! This 8,550+ sqft lot is development-ready and primed for your next project. Located just steps from Gabriel Park and only half a mile from the charming Multnomah Village, enjoy easy access to local shops, cafes, restaurants, and more. Zoned R7, the lot is perfect for an 8-unit cottage cluster, or bring your own vision to life with a custom design. With its prime location and endless potential, this property won't last long—seize the opportunity today!

PROPERTY FACTS

Price $599,900
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.20 AC
Zoning R7

1 LOT AVAILABLE

Lot

Price $599,900
Price Per AC $2,999,500.00
Lot Size 0.20 AC
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (72)
  • Listing ID: 34481088

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: Vermont St, Portland, OR 97219