Land For Sale • 0.2 AC
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.
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 5.1 mi | |
| Transit/Subway | Drive | Walk | Distance |
| 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 |
| Airport | Drive | Walk | Distance |
| Portland International | 15 min | - | 8.2 mi |