7510 Rodney AvePortland, OR 97211

For Sale
$350,000

Prime Piedmont location, 5-unit plans included.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 0.09-acre lot presents a remarkable opportunity for developers seeking a lucrative multifamily investment in Portland, Oregon. Located at 7510 NE Rodney Ave, in the desirable Piedmont neighborhood (zip code 97211), this RM1-zoned property comes complete with approved-to-issue plans for a five-unit building. Each unit is designed with modern living in mind, featuring two bedrooms, two and one-half bathrooms, and a spacious floor plan ranging from 871 to 877 square feet. The level, usable corner lot maximizes buildability, ensuring efficient use of the space. The property's prime location boasts a 97 BikeScore, reflecting its walkability and convenient access to a vibrant array of amenities. Within a tenth of a mile, residents will find an abundance of coffee shops, grocery stores, restaurants, and shopping options, catering to a high demand for rental properties in this area. This is a turnkey opportunity to capitalize on the high rental rates and strong demand in this sought-after Portland neighborhood, making it an ideal investment for generating significant income. The asking price for this exceptional property is $350,000. Don't miss this chance to acquire a ready-to-develop multifamily project in a thriving Portland location.

Highlights

  • RM-1 Zoning allows for a variety of commercial and residential uses.
  • The property features five units, each with two bedrooms and two-and-a-half bathrooms.
  • The building comprises a total of five residential units.
  • Excellent bike accessibility with a BikeScore of 97.

Property Details for 7510 Rodney Ave

Property type
Other land, Land
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5773663
Longitude
-122.6648526
7510 Rodney Ave, Portland, Oregon

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7510 Rodney Ave
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