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1 Acre of Residential Land for Sale in Portland, Oregon
12405 SE Market St, Portland, OR 97233
$875,000
1 acre
Active sale
ago
Est $6,507/moExceptional development opportunity. Situated on a generous 44,625-square-foot lot-with RM1 zoning, this property offers exciting potential for a multifamily project. Conveniently located near shopping, transit, schools, parks, and major commuter routes. An outstanding opportunity for builders, developers, or investors in a growing Portland neighborhood. Buyer to perform all due diligence regarding zoning, density, utilities, and development possibilities.
Location
- Street address
- 12405 SE Market St
- County
- Multnomah County
- Zip code
- 97233
- Elevation
- 307 feet
Directions
122nd Avenue, East on SE Market St
Property details
- Acreage
- 1.01 acres43,996 sq ft
- Zoning
- RM1
- MLS #
- RMLS 136867436
- Posted
Property taxes
- Recent
- $6,862
Parcels
- R718198
Legal description
PARTITION PLAT 2022-38, LOT 1 EXC PT IN ST
Details and features
Listing
- Type
- Land
- Subtype
- Single Family Residence
Nearby schools
| Name | Type |
|---|---|
| Menlo Park | Elementary |
| Floyd Light | Middle |
| David Douglas | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 3, 2026 | New listing | $875,000 | — | RMLS |
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