Residential Land for Sale in Portland, Oregon

Multnomah County, Portland, OR 97203

$312,500

Active

14 hours ago

Est $2,312/mo

Rare opportunity to build on a large lot in convenient NE Portland location with R5 zoning and strong development potential. Ideal opportunity for builders, investors, or custom home construction. Convenient access to nearby amenities, freeways and more. Utilities available at the street. Developer packet and additional information available upon request. Buyer to perform due diligence regarding development potential, zoning, and permitted uses.

Location

County: Multnomah County
Elevation: 298 feet
Coordinates: 45.5337, -122.5376

Land for sale in Oregon

Directions

NE 122nd Ave, behind 2540 NE 122nd Ave

Property details

Zoning: R5
MLS #: RMLS 131816701
Posted: Mar 16, 202614 hours ago

Legal description

PARTITION PLAT 2025-36, LOT 2

Details and features

Listing

Type: Land
Subtype: Single Family Residence

Nearby schools

Name	Type
Russell	Elementary
Parkrose	Middle
Parkrose	High

Listing history

Date	Event	Price	Change	Source
Mar 16, 2026	New listing	$312,500	—	RMLS

Payment calculator

This property is located in Portland, OR 97203. The property is available for sale for $312,500.

Listed by MORE Realty, (503) 353-6673, Source

Checked 2 hours ago — Updated Mar 17, 2026

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