Residential Land for Sale in Portland, Oregon

Discover an exceptional development opportunity with this .53-acre lot in Southeast Portland. Featuring R5 zoning, this property is ideal for a cottage cluster, multi-family units, or an additional home. The lot includes a beautifully remodeled home with extensive upgrades, offering immediate rental income potential or temporary residence during development. With both front access and rear cul-de-sac access, development becomes significantly easier.Key features include a newer roof, updated siding, modern kitchen, oversized bedrooms, and newer AC and hot water heater. The property also boasts a second entry, suitable for an ADU or mother-in-law suite, and ample storage with covered space for boats/RVs, a workshop/shed, and a compressor house.The level yard is adorned with numerous fruit trees and lush landscaping, providing a tranquil environment. Located near the MAX line and Glendoveer Golf Course, this prime location offers convenience and accessibility. This is a great opportunity to develop this versatile lot with significant potential for various residential projects.