
Residential Land for Sale in Portland, Oregon
4142 SW Hamilton St, Portland, OR 97221
Just a 2-minute walk to Hamilton Park and Bridlemile Elementary, this rare property in a beloved SW Portland neighborhood is ready for your vision. The existing home is livable and financeable with conventional lending-offering a unique path to secure buildable land without the typical cash-only hurdle. This lot .39 acre lot offers the chance to build your dream home on a quiet dead-end street, and features mature landscaping, including fruit trees and a striking Sequoia. According to the City Planning Department, you could build either a single home with up to 4,000 SF on the main floor and two detached ADUs, or two side-by-side attached luxury homes (sharing just one wall) with up to 2,000 SF on each main level. These images feature Villa M, a project in Dunthorpe designed in collaboration by Grummer and Metta Architecture. The project offers a glimpse of the refined, modern architecture that could be envisioned for this site. Repurpose existing utilities, reduce permitting costs, and bring your dream to life in one of Portland's most sought-after neighborhoods.
Location
- Street address
- 4142 SW Hamilton St
- County
- Multnomah County
- Elevation
- 374 feet
Directions
Corner of SW Hamilton and SW 42nd
Property details
- Lot size
- 0.39 acres16,988 sq ft
- Zoning
- R-7
- MLS #
- RMLS 235539480
- Posted
Parcels
- R328686
Legal description
SECTION 17 1S 1E, TL 2300 0.39 ACRES
Details and features
Listing
- Type
- Land
- Subtype
- Single Family Residence
- Franchise
- Independent
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Bridlemile | Elementary | — | — |
| West Sylvan | Middle | — | — |
| Lincoln | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 3, 2025 | Price added | $549,000 | — | RMLS |
| Nov 21, 2025 | Price removed | $— | — | RMLS |
| Nov 11, 2025 | Price drop | $549,000 | $25,000 -4.4% | RMLS |
| Sept 21, 2025 | Price drop | $574,000 | $1,000 -0.2% | RMLS |
| Aug 18, 2025 | Price drop | $575,000 | $20,000 -3.4% | RMLS |
| June 10, 2025 | New listing | $595,000 | — | RMLS |










