Development Opportunity on NE Lombard St Portefeuille de terrain à vendre 2 biens 421 185 € Portland, OR

1670 and 1746 NE Lombard Street represent a unique opportunity to acquire two contiguous tax lots totaling approximately 28,540 square feet (±0.66 acres) in a rapidly developing corridor in Northeast Portland. With RM1 (Residential Multi-Dwelling 1) zoning, the site offers excellent potential for duplexes, rowhouses, courtyard housing or small apartments and is ideally suited for residential developers seeking infill opportunities with excellent transit access and proximity to key urban amenities.
Located along NE Lombard Street with access via NE 17th Ave, the site provides strong visibility and flexible design potential for townhomes, apartments, or a community-oriented residential concept.
Details
- Height allowance up to 35 ft (subject to bonus options)
- Utilities: All public utilities available to site
- FAR: 1:1
- Street Frontage: Prominent exposure on NE Lombard
- Topography: Slightly sloped lot with slope upward from road
Location Advantages
- Convenient Access: Minutes from I-5, NE MLK Jr Blvd, and Portland International Airport
- Neighborhood Amenities: Close to Alberta Arts District, Woodlawn, and Dekum Triangle
- Active Development Area: Strong local demand for new housing in an evolving residential market
Development Potential
The RM1 zoning designation supports a wide range of housing types that align with Portland’s goals for increased urban density and equitable growth. This site provides an ideal footprint for a creative infill project—whether traditional multifamily apartments, townhomes, or innovative small-scale housing. Its location and scale offer both immediate development potential and long-term value.
Buyers are encouraged to verify all zoning and development parameters with the City of Portland.