Skip to main content

Multi-Family

Harney Land

7909 SE Harney St, Portland, OR 97206

Listing Price: $2,250,000

Lot Size
2.36 acres
Price/Acre
$953,390
Land Type
Land
Buildable Square Feet
153,885

Investment Overview

The subject property is an assemblage of six parcels located at 7909, 7915 Southeast Harney Street, 7910 -7918, and 7928 Southeast Crystal Springs Boulevard, Portland, Oregon 97206. The topography is flat and has approximately 165' x 800', with 165 feet of frontage on SE Harney Street and SE Crystal Springs Boulevard. There are four single family homes; three houses are currently rented, and one house is vacant. The site has a Walk Score of 68, and a Bike Score of 76. The site is near major arterial road SE 82nd Avenue and is less than one half mile from Interstate 205. The area around SE 82nd Avenue is being improved via the 82nd Avenue of Roses Implementation Plan. Additionally, the site benefits from abutting the Springwater Corridor trail, a 21-mile mostly paved biking and walking trail. Schools are within the Portland School District with residents attending Whitman Elementary School, Lane Middle School, and Cleveland High School. The site is ideal for a developer to purchase and develop as multifamily property. A developer may receive income from the four properties currently located onsite while going through plans in the development process with the City of Portland.

Investment Highlights

  • 2.36 Acres Zoned RM1 Zoning at 1:1 or 1:1.5 FAR for 150+ Units
  • Close Proximity to SE 82nd Avenue & Commerce District, Including Iconic Cartlandia
  • Strong Neighborhood Demand for Housing; Experiencing Increasing Rates
  • Level, Rectangular Assemblage with Direct Access to Two Streets
  • Neighborhood Suited for Variety of Projects, Including Apartments and Single Family Homes

Exclusively Listed By

Multi-Family

Harney Land

Listing Price: $2,250,000

Lot Size
2.36 acres
Price/Acre
$953,390
Land Type
Land
Buildable Square Feet
153,885

Investment Highlights

  • 2.36 Acres Zoned RM1 Zoning at 1:1 or 1:1.5 FAR for 150+ Units
  • Close Proximity to SE 82nd Avenue & Commerce District, Including Iconic Cartlandia
  • Strong Neighborhood Demand for Housing; Experiencing Increasing Rates
  • Level, Rectangular Assemblage with Direct Access to Two Streets
  • Neighborhood Suited for Variety of Projects, Including Apartments and Single Family Homes

Investment Overview

The subject property is an assemblage of six parcels located at 7909, 7915 Southeast Harney Street, 7910 -7918, and 7928 Southeast Crystal Springs Boulevard, Portland, Oregon 97206. The topography is flat and has approximately 165' x 800', with 165 feet of frontage on SE Harney Street and SE Crystal Springs Boulevard. There are four single family homes; three houses are currently rented, and one house is vacant. The site has a Walk Score of 68, and a Bike Score of 76. The site is near major arterial road SE 82nd Avenue and is less than one half mile from Interstate 205. The area around SE 82nd Avenue is being improved via the 82nd Avenue of Roses Implementation Plan. Additionally, the site benefits from abutting the Springwater Corridor trail, a 21-mile mostly paved biking and walking trail. Schools are within the Portland School District with residents attending Whitman Elementary School, Lane Middle School, and Cleveland High School. The site is ideal for a developer to purchase and develop as multifamily property. A developer may receive income from the four properties currently located onsite while going through plans in the development process with the City of Portland.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower