10412 SE Division St Portland, OR 97266
Hazelwood NeighborhoodEstimated payment $4,263/month
Highlights
- 0.72 Acre Lot
- Level Lot
- 4-minute walk to Kelly Butte Natural Area
- No HOA
- No Heating
About This Lot
7/15/25 Update: Price Decreased! This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.
Listing Agent
Fathom Realty Oregon, LLC Brokerage Phone: 503-866-6682 License #201233363 Listed on: 08/23/2024

Property Details
Property Type
- Land
Est. Annual Taxes
- $3,206
Lot Details
- 0.72 Acre Lot
- Level Lot
- Property is zoned RM1
Schools
- Harrison Park Elementary And Middle School
- Leodis Mcdaniel High School
Utilities
- No Utilities
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R244271
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,334 | $124,610 | $124,610 | -- |
2023 | $3,334 | $120,990 | $120,990 | $0 |
2022 | $3,137 | $117,470 | $0 | $0 |
2021 | $3,084 | $114,050 | $0 | $0 |
2020 | $2,829 | $110,730 | $0 | $0 |
2019 | $2,725 | $107,510 | $0 | $0 |
2018 | $2,645 | $104,380 | $0 | $0 |
2017 | $2,535 | $101,340 | $0 | $0 |
2016 | $2,320 | $98,390 | $0 | $0 |
2015 | $2,259 | $95,530 | $0 | $0 |
2014 | $2,225 | $92,750 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | Price Changed | $750,000 | -6.1% | -- |
02/21/2025 02/21/25 | Price Changed | $799,000 | -2.6% | -- |
08/23/2024 08/23/24 | For Sale | $820,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | -- | -- | |
Warranty Deed | $1,050,000 | -- | |
Deed | $21,372 | None Listed On Document | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $136,000 | Transnation Title Agency Of | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,500,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $200,000 | Unknown | |
Previous Owner | $373,000 | Commercial | |
Previous Owner | $125,000 | Unknown |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24108164

APN: R244271
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