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Listed by Cascade Hasson Sotheby's International Realty
$ 395,000
Est. payment | /mo
0.48 Acres Lot
$ 395,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Recreational
Listing Status Active
Purchase Type For Sale
MLS Listing ID 118567790
Annual Tax Amount $2,095
Tax Year 2024
Lot Size 0.480 Acres
Property Sub-Type Residential Recreational
Property Description
This 0.48-acre parcel offers a high-potential development play in a centrally located, high-demand area of Southwest Portland. Zoned to allow for up to three individual parcels, this property is ideal for multi-unit housing, small-scale subdivision, or a luxury custom build. Conveniently located just minutes from downtown Portland, OHSU, Lewis & Clark College, and key employment centers. With easy access to I-5, Barbur Blvd, and SW Terwilliger, the site is well-positioned for commuters and renters seeking convenience.Surrounding amenities add to the value: close proximity to the Hillsdale Shopping District, Tryon Creek State Park, and top-rated schools make this a desirable area for both resale and long-term holds. Local dining, grocery stores, and recreational options are all within a short drive, boosting appeal for future residents. Utilities are available at the street, and the gently sloped terrain offers flexible design and build options. This is a smart acquisition for investors looking to capitalize on Portland's strong housing demand and limited infill opportunities.
Location
State OR
County Multnomah
Area _148
Zoning R7
Exterior
Utilities Available PublicWater500FeetPlus, Sewer500FeetPlus
View Seasonal, Trees Woods
Garage No
Building
Lot Description Private, Secluded, Trees
Schools
Elementary Schools Capitol Hill
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
