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2045 NE Buffalo St, Portland
$95,000
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- Lot size
- 2,614 sqft
- Property type
- Land
- Days on market
- 120
Overview
Prime investment opportunity featuring two lots in coveted RM1 Multi-Dwelling zoning. Adjacent lot included with purchase- 2105 NE Buffalo St, additional 3366 Sq/ft corner lot. Water & sewer are in the street and natural gas is on the NE corner of NE Lombard & 22nd. Electricity poles line the north side of Lombard. Over 30K paid for plans, civil engineering & permit intake review fees. Seller has plans for Single Family + ADU included in sale price. All of the utility locations have been done, and groundwork laid for a thoughtful and lucrative development of this strategically situated property. Zoning RM1 allows for multiple dwellings, including multi-plex, no parking required. Close proximity to I-205, airport, parks, and major transportation arteries. Drive by and show! Buyer to do their own due diligence with permit information.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 2,614 sqft
- View
- No
Schools
- High school
- Roosevelt
- Middle school
- Ockley Green
- Elementary school
- Woodlawn
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM1
Taxes and dues
- Annual taxes
- $808 (2025)
Location
2045 NE Buffalo St, Portland, OR 97211
Monthly payment estimate
$573 /mo
- Principal and interest
- $506
- Property tax (2025)
- $67
- Total
- $573
Estimate only, and not an offer of credit. Assumes 20% down ($19,000) 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.
