Multnomah Land Lot for Sale

/12
$550,000
- Land
- 0.19 Acre
- $2,894,737 per Acre
8807 SW Capitol Hwy, Portland, OR 97219

Just blocks from charming Multnomah Village, this ready-to-build vacant lot comes with approved plans from the City of Portland for a modern four-plex. All utilities are already on site, making it truly shovel-ready. Build as one income-generating property or take advantage of the flexible zoning to create individual condos and sell each unit separately. Don’t miss this rare chance to invest in

Steve Rosling Cascade Hasson Sotheby's International Realty

8807 SW Capitol Hwy, Portland, OR 97219

Oregon Portland Multnomah

Home Trends in Multnomah, OR

On average, homes in Multnomah, Portland sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Multnomah, Portland over the last 12 months is $381,990, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$381,990

Median Single Family Sale Price

$409,990

Median Townhouse Sale Price

$200,000

Median 2 Bedroom Sale Price

$179,900

Average Price Per Sq Ft

$297

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.30

Median List Price

$399,945

Median Change From 1st List Price

Median Home Sale Price YoY Change

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Multnomah Types of Homes for Sale

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.