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68 Unit Development Opportunity

$550,000

12224 SE Ash, Portland, OR 97233

Active
Last Updated: 07/09/2026

0.1618 acres

Lot Area

 
Details:
Lot Area:    0.1618 acres
Highlights:
  • FAR: 5:1 Max Far w/ Bonus, 100' Max Building Height or Up to 68 Apartment Units
  • Right across from TriMet's Menlo Park Park & Ride and one block away from MAX and Bus stops. Daily traffic counts 40,547.
  • Local grade school is just three blocks away and several parks are within walking distance
  • A short drive away from I-205 and minutes from downtown Portland
Description:

Prime redevelopment opportunity in SE Portland. Located right across from TriMet's Menlo Park Park & Ride. One block from MAX Bus Stop ID 6621 and MAX Light Rail Stop ID 8349, making the perfect setting for multi-family or mixed use apartments. The area is surrounded by a diverse selection of restaurants, pubs, and coffee shops. Mall 205, with its associated big box stores is minutes away with access to I-205 nearby. The Ventura Grade School is just three blocks away with two parks also within walking distance.

Located right off of busy 122nd Avenue in Portland.

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