Residential Land for Sale in Portland, Oregon

SW Market Dr Portland, OR 97201

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$495,000
0.11 acres
Active sale$105k dropEst $3,683/mo

Discover an unparalleled opportunity to craft a single family residential or a multi-family haven on this prime, city-proximate land. Enjoy stunning skyline views in an upscale neighborhood with top-notch schools and easy MAX transit access. This expansive 11,490 SF canvas spans three lots.Zoning: RM-1 with design overlay. Regulations allow 1 unit per 1500 SF or 2 units per lot, max 4 dwellings/site, no retail. No specified max density. Building coverage capped at 50%. No parking required; setbacks mandated: front (10'), side, and rear (5'). Base height allowance for new buildings: 35'.Unleash your creativity within these parameters, sculpting a masterpiece unconfined by parking constraints. Dance with setbacks, creating an elegant choreography of space. Ascend to a 35-foot pinnacle, an iconic silhouette against the city's skyline.Seize this moment to redefine urban living, where your vision converges with the limitless potential of these three lots, awaiting transformation into a single family residential or multi-family masterpiece integrated into the fabric of city life. This isn't just real estate; it's an invitation to weave dreams into a thriving community.

Location

Street Address
SW Market Dr
Elevation
249 feet
Coordinates
45.5134, -122.6824

Property details

Zoning
RM1d
MLS Number
RMLS 23022496
Date Posted

Property taxes

Recent
$1,111

Parcels

  • R213488

Legal description

This 0.11-acre property is located at SW Market Dr in Portland, OR 97201 with latitude 45.5134 and longitude -122.6824. The property is currently available for sale for $495,000 with a price per acre of $4,583,333. Listing data is sourced from Regional Multiple Listing Service # 23022496.

Verify sale details at the property source or contact Knipe Realty ERA Powered at (360) 904-4463.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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