8085 Yamhill StPortland, OR 97215

For Sale
$489,900

Prime 0.09-acre development lot in Portland.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.09-acre commercial land parcel presents a remarkable investment opportunity in Portland's desirable Montavilla neighborhood. Located at 8085 SE Yamhill St, zip code 97215, this property is zoned RM2 and boasts approved plans ready for issuance to construct a nine-unit apartment building. The level and usable lot maximizes development potential in a high-rent, high-demand area. Its strategic location offers unparalleled convenience, with close proximity to Portland Community College (PCC), Adventist Health, and the recreational amenities of Mt. Tabor Park. This is an ideal opportunity for developers seeking to capitalize on the strong rental market and create a substantial income-generating asset. The approved plans streamline the development process, minimizing delays and maximizing efficiency. Don't miss this chance to acquire a prime piece of land in a thriving Portland neighborhood poised for significant growth. The property is situated in Multnomah County, Oregon. The asking price is $489,900.

Highlights

  • $489,900 asking price for 0.09-acre commercial land.
  • RM2 zoning.
  • Approved plans for a 9-unit apartment building.
  • 9-unit apartment development opportunity in high-demand Montavilla, near PCC, Adventist Health, and Mt. Tabor Park.

Property Details for 8085 Yamhill St

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

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5163781
Longitude
-122.5800587
8085 Yamhill St, Portland, Oregon

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8085 Yamhill St
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