$699,000
$176K PRICE DROP

Estimated payment $4,607/month

Total Views 16,539
1.4 Acres
$499,286 Price per Acre
60,984 Sq Ft Lot

Highlights

  • 1.4 Acre Lot
  • Level Lot
  • No Heating
  • No HOA

About This Lot

Discover this exceptional 1.4-acre property, comprised of three tax parcels (R314276, R314282, and R314267), offering an unparalleled development opportunity in Portland. With two parcels zoned R10 and the largest zoned CM1, this versatile property is ideal for residential or mixed-use projects. The existing home features 3 bedrooms, 1 bathroom, and bonus space, making it livable or rentable while you plan your vision. Whether you want to live in the home while building additional units next door, create the ultimate shop space for your small business, or craft an innovative mixed-use project, the possibilities are endless. Conveniently located just minutes from the vibrant Alberta Arts District, with its eclectic shops, restaurants, and galleries, as well as the scenic Columbia Slough Trail and iconic parks like Peninsula Park, this property also boasts easy access to downtown Portland, public transportation, and major freeways. Builders, developers, and investors—don’t miss this rare opportunity to bring your vision to life.

Listing Agent

Jim McCartan

Cascade Hasson Sotheby's International Realty License #930100065 Listed on: 12/18/2024

Cascade Hasson Sotheby's International Realty

Co-Listing Agent

Joe McCartan

Cascade Hasson Sotheby's International Realty License #201252718

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,579

Lot Details

  • 1.4 Acre Lot
  • Level Lot
  • 3 Lots in the community
  • Property is zoned CM1 R10

Schools

  • Faubion Elementary And Middle School
  • Jefferson High School

Additional Features

  • Residence on Property
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R314267

Property Details

Property Type

Land

Est. Annual Taxes

$10,579

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • Waterfront: No
  • View: No
  • Road Frontage: Yes
  • Road Surface Type: Paved
  • Other Structures: Residence

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Faubion
  • High School: Jefferson
  • Middle Or Junior School: Faubion

Lot Info

  • Zoning: CM1 R10
  • Present Use: Residential
  • Soil Condition: Unknown
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 1.4
  • Lot Size Sq Ft: 60984.0
  • Number Of Lots: 3
  • Parcel #: R314267
  • Assessor Parcel Number 2: R314282
  • Assessor Parcel Number 3: R314276

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 10578.88

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,579 $376,230 -- --
2023 $10,579 $285,200 $0 $0
2022 $7,846 $276,900 $0 $0
2021 $7,690 $292,200 $0 $0
2020 $7,071 $283,690 $0 $0
2019 $6,806 $275,430 $0 $0
2018 $6,592 $267,410 $0 $0
2017 $6,308 $259,630 $0 $0
2016 $5,905 $231,910 $0 $0
2015 $5,572 $225,160 $0 $0
2014 $4,815 $218,610 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $699,000 -5.5% $311 / Sq Ft
05/29/2025 05/29/25 Price Changed $739,500 -10.4% $329 / Sq Ft
03/21/2025 03/21/25 Price Changed $825,000 -5.7% $367 / Sq Ft
12/18/2024 12/18/24 For Sale $875,000 -- $389 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24653176

Regional Multiple Listing Service (RMLS)

APN: R314267