Residential Land for Sale in Portland, Oregon

1541 SW Market St, Portland, OR 97201

$495,000

0.28 acres

Active sale

4 days ago

Est $4,611/mo

Prime multifamily development opportunity in Goose Hollow, one of Portland's premier urban neighborhoods. Located adjacent to Downtown Portland and within close proximity to Portland State University, the Property benefits from excellent connectivity, walkability, and access to the region's largest employment, educational, and cultural amenities.Zoned RM30.28 acre / 12,000 sqft

Location

Street address: 1541 SW Market St
County: Multnomah County
Zip code: 97201
Elevation: 145 feet
Coordinates: 45.5159, -122.6911

Land for sale in Oregon

Directions

SW Market Street between SW 14th Ave and SW 17th Ave. North side US 26

Property details

Lot size: 0.28 acres12,197 sq ft
Zoning: RM3
MLS #: RMLS 343496630
Posted: June 12, 20264 days ago

Property taxes

Recent: $15,288

Parcels

R246930

Legal description

PORTLAND, BLOCK SW1/4X, INC PT VAC ST-W 45' OF LOT 5&6

Details and features

Listing

Type: Land
Franchise: Independent

Nearby schools

Name	Type
Chapman	Elementary
West Sylvan	Middle
Lincoln	High

Listing history

Date	Event	Price	Change	Source
June 12, 2026	New listing	$495,000	—	RMLS

Payment calculator

This 0.28-acre property is located at 1541 SW Market St in Portland, OR 97201. The land is available for sale, priced at $495,000.

Listed by Knipe Realty ERA Powered, (360) 904-4463

Checked 2 hours agoUpdated June 13, 2026Source

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