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909 SW GAINES ST Portland, OR $ 1,075,000
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909 SW GAINES ST
$ 1,075,000
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909 SW GAINES ST

Portland, OR, 97239
$ 1,075,000
Bedrooms3 Baths1.1 Sq 2,264

Monthly Estimate*

$ 6,619

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Single Family Home for sale in Portland, OR

for $1,075,000 with 3 bedrooms and 1 full bath, 1 half bath. This 2,264 square foot home was built in 1904 on a lot size of 0.34.

Rare developer and investor opportunity directly across from OHSU Hospital and adjacent to the medical and nursing schools! This premium location features approximately 15,000 SF of land spanning 3 city lots zoned RM2. Excellent potential for future growth with the massive benefit of immediate holding income: the property features an existing 3-story, 3-bedroom residential home that is currently rented. Perfect for a covered land play while you finalize your development plans in a high-demand medical community footprint. The final listing photos showcase the incredible views captured from 25-45 feet above ground level. According to City of Portland Zoning Code, RM2 allows a 45-foot maximum height, generally up to 4 stories, with potential for a higher ratio via city-approved inclusionary housing. Buyer to independently verify any and all zoning code applications, restrictions, and development potential. Owner will consider owner financing terms. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]

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Single Family Active

Price

$ 1,075,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 10,774

Style

Bungalow

Lot Size

0.34

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

692771136
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Garage Spaces 0
Architectural Style Bungalow
Year Built 1904
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R247185
County Multnomah
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions Adjacent to OHSU Nursing School to the west.
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 14810.0
Listing Terms Cash Conventional OwnerWillCarry VALoan
Elementary School Ainsworth
Tax Annual Amount 10774.96
Middle/Junior High School West Sylvan
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PORTLAND CITY HMSTD BLOCK 49 LOT 1-3
ADU False
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Interior
Basement FullBasement PartiallyFinished
Hot Water Gas
Total Bathrooms 1.1
Total Bedrooms 3
Total Baths 2
1/2 Baths 1
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Exterior
Water Source PublicWater
Total Parking 0
Exterior Description LapSiding
Building Area Total 2264.0
Lot Dimensions 3 50X100 Lots
Lot Size Acres 0.34
Road Surface Type Paved
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Internal Only
Street Number 1 909
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

mbeirwagen@bhhsnw.com

Email

Affordability Calculator

$7,517
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,619
Monthly Property Taxes
$898
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2026$1,075,000 Listed Price

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909 SW GAINES ST, Portland, OR, 97239 is a Single Family Home for sale at $1,075,000 with 2,264 sqft and a lot size of 0.34. 909 SW GAINES ST has 3 bedrooms, 1.1 baths, and was built in 1904. The property's zip code is 97239 which is in Portland, OR

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