Residential Land for Sale in Portland, Oregon

Rare University Park development opportunity offering two separate parcels totaling approximately .18 acres within desirable R2.5 zoning. Demolition of the existing improvements is underway, creating a prime infill development site in one of North Portland's most sought-after neighborhoods. Positioned to capitalize on the flexibility afforded by Portland's Residential Infill Project (RIP), the property presents an exceptional opportunity for builders and developers seeking cottage-style housing, missing-middle development, or other permitted residential uses. Preliminary concepts suggest the potential for 6-8 cottage homes, with additional development scenarios potentially available subject to buyer verification. Development-ready opportunities of this scale and location are increasingly difficult to find in established Portland neighborhoods. Located just moments from the University of Portland, the site enjoys convenient access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, as well as the vibrant amenities of St. Johns, Kenton, Lombard, and the broader North Portland corridor. Buyer to perform all due diligence regarding the development and redevelopment potential of the property. Inquire for additional information regarding proposed development concepts and plans.