Residential Land for Sale in Portland, Oregon

SW Market Dr Portland, OR 97201

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$495,000
0.11 acres
Active sale$105k dropEst $3,683/mo

Unlock the potential of elevated urban living with this rare opportunity to design and develop on 11,490 square feet of prime land, spread across three lots in a sought-after, city-proximate neighborhood. With breathtaking skyline views, access to top-tier schools, and effortless MAX transit connectivity, this property offers a unique canvas for crafting a family estate or a thoughtfully designed multi-family development.Zoned RM-1 with a design overlay, the possibilities are as expansive as the space itself. Picture a residential masterpiece: up to 4 dwellings or 2 units per lot, with no density cap and no parking restrictions to limit your vision. Maximize potential with 50% building coverage, elegant 10-foot front setbacks, and 5-foot side and rear parameters. Rise to the occasion--literally--with a 35-foot height allowance, creating an architectural statement against the city skyline.This property is more than land; it's an invitation to innovate. Envision sleek modern townhomes, a collection of luxury residences, or a distinctive multi-family retreat where design meets functionality. With zoning flexibility and no parking constraints, your creativity can take center stage.Redefine urban living. Here, your vision becomes a reality--a legacy that integrates seamlessly into the surrounding community while capturing the essence of modern elegance and convenience.The potential is boundless. Don't miss the chance to sculpt your vision into a city-centric masterpiece. Reach out today to explore this remarkable opportunity and transform these three lots into a statement of architectural excellence.

Location

Street Address
SW Market Dr
Elevation
249 feet
Coordinates
45.5134, -122.6824

Property details

Zoning
RM1d
MLS Number
RMLS 23022496
Date Posted

Property taxes

Recent
$1,111

Parcels

  • R213488

Legal description

This 0.11-acre property is located at SW Market Dr in Portland, OR 97201 with latitude 45.5134 and longitude -122.6824. The property is currently available for sale for $495,000 with a price per acre of $4,583,333. Listing data is sourced from Regional Multiple Listing Service # 23022496.

Verify sale details at the property source or contact Knipe Realty ERA Powered at (360) 904-4463.

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Updated . Checked 45 mins ago. Parcel data by Regrid.

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