CALL FOR PRICING. Rare multifamily development opportunity in Milton-Freewater, Oregon. This approximately 3.27-acre property is zoned R-3, allowing up to 26 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 approximately $6 per square foot. The property offers excellent visibility and access, with frontage near 4th 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 4th Avenue, including a city storm drain system that runs from 4th 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 13 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 whole or in part with MLS # 420578870.
61 days
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45
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Zillow last checked:
Listing updated:
Listed by:
Dennis Gisi509-520-0505,
John L Scott Hermiston,
Lewis Key509-520-4938,
John L. Scott Milton Freewater
Source: RMLS (OR),MLS#: 488407914
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 3.27 Acres
Features: Trees, Level, Acres 3 to 5
Details
Additional structures: Existing Structures
Has additional parcels: Yes
Parcel number: 111642
Zoning: R-3
Other equipment: Irrigation Equipment
Utilities & green energy
Water: Irrigation Well, Public Water 500 Feet Plus, Well
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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