Prime Multifamily Development Site With Limitless Potential

CALL FOR PRICING. Rare multifamily development opportunity in Milton-Freewater, Oregon. This approximately nine point nineteen-acre property is zoned R-3, allowing up to twenty-six units per acre, creating a compelling opportunity for apartments, townhomes, cottage-style housing, senior housing, workforce housing, or a phased residential community. The average pricing for this type of residential project is six dollars per square foot. The property offers excellent visibility and access, with frontage near Fourth Avenue and proximity to established residential neighborhoods, commercial services, schools, employment, recreation, and downtown Milton-Freewater. City services are available to the property line on Fourth Avenue, including a city storm drain system that runs from Fourth Avenue toward County Road, helping support future development planning. The existing buildings within the outlined property boundary have been assigned no value due to condition, allowing buyers and developers to focus on the land, zoning, infrastructure access, and redevelopment potential. The total site is approximately thirteen acres and may be divided into smaller parcels to accommodate a variety of project types, investment strategies or phased development plans. With R-3 zoning, utility access, flexible parcel options and strong regional housing demand this property offers a unique opportunity for builders, developers, investors nonprofit housing groups and long-term land holders. Call for pricing and to discuss an option that may fit your project needs. Can be purchased as whole or in part with MLS number four eight eight four zero seven nine one four.