$749,000
$126K PRICE DROP

Estimated payment $4,421/month

Total Views 3,834
0.28 Acre
$2,675,000 Price per Acre
12,197 Sq Ft Lot

Highlights

  • No HOA
  • 4-minute walk to Gateway/Ne 99Th Transit Center
  • Fenced
  • Shed
  • Garage
  • Level Lot

About This Lot

This prime development property offers an exceptional opportunity in Portland's Gateway area, featuring the highest density allowed in residential zones. Ideal for multi-unit development, the site is perfectly positioned for growth, with similar projects already successfully developed nearby. With its strategic location and zoning, this property presents endless potential for developers looking to capitalize on the increasing demand for high-density residential living in a rapidly expanding neighborhood. Don’t miss the chance to create a valuable addition to this thriving area. The area consists of two lots totaling .28acres, located in a high-opportunity area that offers affordable housing in a walkable neighborhood. With easy access to active transportation, employment centers, and a range of services and amenities, the location significantly enhances the overall quality of life for its residents. SDC fees exemption may apply.

Listing Agent

Lyudmila Leissler

Windermere Realty Trust Brokerage Phone: 503-781-1114 License #200708211 Listed on: 03/03/2025

Windermere Realty Trust

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,320

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x200
  • Fenced
  • Level Lot
  • Property is zoned RXd

Home Design

  • Fixer Upper
  • Mixed Use

Parking

  • Garage
  • Driveway

Additional Homes

  • Residence on Property

Schools

  • Jason Lee Elementary And Middle School
  • David Douglas High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R319677

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,320

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Driveway, Fenced, Fixer, Garage, Residence, Shed

Garage/Parking

  • Attached Garage: No

Utilities

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

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jason Lee
  • High School: David Douglas
  • Middle Or Junior School: Jason Lee

Lot Info

  • Zoning: RXd
  • Present Use: Residential
  • Additional Parcels: No
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.28
  • Lot Size: 60x200
  • Lot Size Sq Ft: 12196.0
  • Parcel #: R319677

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3319.57
  • Tax Opportunity Zone: Yes

Map

Range of Values:

Collateral Analytics

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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
2023 $3,320 $135,100 $0 $0
2022 $3,010 $131,170 $0 $0
2021 $2,961 $127,350 $0 $0
2020 $2,682 $123,650 $0 $0
2019 $2,597 $120,050 $0 $0
2018 $2,517 $116,560 $0 $0
2017 $2,424 $113,170 $0 $0
2016 $2,360 $109,880 $0 $0
2015 $2,304 $106,680 $0 $0
2014 $2,260 $103,580 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $749,000 0.0% --
06/26/2025 06/26/25 Price Changed $749,000 -14.4% $851 / Sq Ft
03/03/2025 03/03/25 For Sale $875,000 0.0% $994 / Sq Ft
03/03/2025 03/03/25 For Sale $875,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 401975385

Regional Multiple Listing Service (RMLS)

APN: R319677