Walker's Paradise

118 NE 16TH AVE

Portland, OR 97232


$2,900,000

Open House Dates

MULTIFAMILY
29,644 sqft
MLS
18417531
Located in the popular Kerns Neighborhood, this shovel-ready property consists of 12,790 SF of developable land & fully entitled approved building plans for 33 apartment units with ZERO Inclusionary Zoning required grandfathered in! Permits approved with the City & ready to be picked up. Walk score 94 & bike score 100. Short distance to restaurants, breweries, shops, parks & a movie theater.
Photo of Lauren Hasson

Presented By

Lauren Hasson  

Broker, Licensed in Oregon

  • Direct 503-534-1557
  • Mobile 503-348-0536
  • Office 503-635-9801
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Property Details
Price
$2,900,000
Square Feet
29,644
Levels
4
Year Built
2019
Garage Spaces
9
No. Units
33
Location
Subdivision:
KERNS
County:
Multnomah
Status:
Active
Estimated Taxes:
$4,950
Listing Office:
Cascade Sothebys International Realty
Listing Last Updated:
November 17, 2018 12:13 PM
Schools
Elementary
Buckman
Middle
Hosford
High
Cleveland

 Lot & Land
Lot & Land
Zoning
RH
Sewer
Public Sewer
Water
Public
View
City
lot description
Level


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Kerns



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


2 Listings  |  1.77 mi. Radius  |   within 10% of Listing Price
  • Active
  • Pending
  • Open House

Listing Courtesy of

Cascade Sothebys International Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: November 17, 2018 12:13 PM

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