2226 NE WEIDLER ST

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2226 NE WEIDLER ST

Portland, OR 97232
Asking Price
$650K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel situated in Portland, Oregon
  • Total site area comprises approximately 0.33 acres
  • Asking price for the property is $650,000
  • Strategically positioned for new residential development projects
  • Located within a established and growing urban market

What's Special

Portland remains a robust hub for residential development, characterized by steady demand for infill projects within established neighborhoods. This 0.33-acre parcel on NE Weidler Street sits in a prime location for residential use, providing developers with a clear canvas in a city known for its thoughtful urban planning and transit-oriented growth. The site benefits from its position within the broader Portland metropolitan area, where residential density continues to evolve to accommodate a growing population base. Given the dimensions and location of the land, this property is suitable for various residential development projects intended to serve the local housing market. Access to major thoroughfares and proximity to established community amenities make this an appropriate choice for those seeking to expand their residential footprint in the region.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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