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SE 87TH AVE Portland, OR $ 480,000
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$ 480,000 Get more info
SE 87TH AVE
$ 480,000
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SE 87TH AVE

Portland, OR, 97266
$ 480,000
Baths0.0

Monthly Estimate*

$ 2,995

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Studio

Lots and Land for sale in Portland, OR

for $480,000. The lot size is 0.29.

EXCELLENT DEVELOPMENT OPPORTUNITY! Great 0.28 Acres Lot in a good residential area - with great build potential! Zoned RM1: Multi-Dwelling Residential 1; Lower Density Multi-Dwelling Zone; Can build Townhomes, Apartments, Condos, perhaps some detached structures - what ever can be fit inside the building envelope. Recent Survey done and boundaries marked for Developers. Residential area, so sewer, water, gas, and electric should be available for builders, but buyers should do their own due diligence regarding building parameters, available utilities, and improvements that can be made. Fence & Gate in front of property.

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Lots and Land Active

Price

$ 480,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,584

Style

MultiFamily

Lot Size

0.29

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

306583753
Features
General
Utilities SeeRemarks
Zoning RM1
Property Subtype MultiFamily
Tax Year 2025
Parcel Number R239383
County Multnomah
Property Type Land
HOA N
Other Structures None
Status Active
Directions SE 87th AVE. BETWEEN POWELL & BROOKLIN.
High School Leodis McDaniel
City Portland
Disclosures Exempt
MLS Area _143
Lot Size Square Feet 12632.0
Listing Terms Cash Conventional
Elementary School Harrison Park
Tax Annual Amount 1584.38
Middle/Junior High School Harrison Park
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 1996-185 LOT 2
ADU False
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Exterior
Lot Features FlagLot
Lot Size Acres 0.29
Road Surface Type Paved
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* Excluded Features
List By
Ecopro Realty Group

Broker

503-330-2956

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Affordability Calculator

$3,127
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,995
Monthly Property Taxes
$132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3296987 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$480,000 Listed Price

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SE 87TH AVE, Portland, OR, 97266 is a Lots and Land for sale at $480,000 with a lot size of 0.29. SE 87TH AVE is a studio with 0.0 baths. The property's zip code is 97266 which is in Portland, OR

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