Photograph 1 of 8
Portland
$199,900
Save
- Lot size
- 4,792 sqft
- Property type
- Land
- Days on market
- 127
Overview
Seize this rare chance to acquire two prime vacant lots with coveted CM3 zoning, situated on the corner of a dead-end street in the vibrant Overlook neighborhood. This location offers close proximity to the bustling N Mississippi Ave, the Vancouver/Williams Corridor, and the Legacy Emanuel Medical Center, all contributing to a phenomenal 91 BikeScore! Previously designed for a 14-unit apartment building, these lots are perfect for a multi-family dwelling or other lower-density residential developments. The CM3 zoning offers flexibility and high-density potential with reduced setbacks, making it ideal for maximizing your investment. Don’t miss out on this fantastic development opportunity in a sought-after area!
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 4,792 sqft
- Lot features
- Corner Lot
- View
- Yes
- View description
- Trees / Woods
Schools
- High school
- Jefferson
- Middle school
- Ockley Green
- Elementary school
- Beach
Location
- City
- Portland
- County
- Multnomah
- Zoning
- CM3
- Subdivision
- OVERLOOK
Taxes and dues
- Annual taxes
- $2,007 (2025)
Location
N Montana Ave, Portland, OR 97217
Monthly payment estimate
$1,231 /mo
- Principal and interest
- $1,064
- Property tax (2025)
- $167
- Total
- $1,231
Estimate only, and not an offer of credit. Assumes 20% down ($39,980) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
