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5405 NE Glisan St
Portland, OR 97213 North Tabor

$2,000,000 USD

Land For Sale  •  0.2 AC

Property Details

  • Property Type Land
  • Lot Size 0.2 AC
  • Zoning CM2
70 Transit Score
90 Walk Score

Description

The parcels at 5327 and 5405 NE Glisan Street represent an opportunity to invest in a permit-ready multifamily development in close-in Northeast Portland.

The approximately 9,000-square-foot property comprises two adjacent tax lots. The investment opportunity includes approved plans for a four-story, 33-unit apartment complex with a mix of studio and one- and two-bedroom units with shared laundry facilities on every floor, two ground-floor retail spaces, and a community rooftop deck. Plans for the project have been “approved to issue” by the city of Portland. 

Boasting a Walk Score of 84 and a Bike Score of 93, the Glisan Street property sits in an amazing location that provides easy access to virtually all corners of the city.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
10 min - 5.1 mi
Transit/SubwayDriveWalkDistance
NE 60th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 8 min 10 min 0.5 mi
Hollywood/NE 42nd Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Portland International 15 min - 8.2 mi
Lee Fehrenbacher 503-241-5541 HFO Investment Real Estate
Lee Fehrenbacher 503-241-5541 HFO Investment Real Estate