$875,000

Rare RX zoned property - currently used as a duplex; back unit rented (tenant has been there over a year). The RX zone is a high density multi-dwelling zone which allows the highest density of dwelling units of the residential zones. The major types of new housing development will be medium and high rise apartments and condominiums, often with allowed retail, institutional or other service oriented uses. For specific zoning code details, visit the zoning code website . The regulations for this zone are found in Chapter 33.120.Some of the only RX zoned property around! Don't miss a chance to build on this sprawling city lot, while still generating income from the current DUPLEX. Quick facts as per PDX MAPS: Location:You'll find this zone along streets like NE Broadway St. and NE 99th Ave. in Gateway.100' - Feet hight maximum height, which is generally 9 - 10 stories100+ - Units per acre, generally. The size and intensity is controlled through the calculated Floor Area Ratio (FAR). Buyer to do all due diligence on all terms and the potential for public funding.