7218 N JORDAN AVE Portland, OR $ 694,900
7218 N JORDAN AVE
$ 694,900
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7218 N JORDAN AVE

Portland, OR, 97203
$ 694,900
Baths0.0

Monthly Estimate*

$ 4,279

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Studio

Lots and Land for sale in Portland, OR

for $694,900. The lot size is 0.18.

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.

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Lots and Land Active

Price

$ 694,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,120

Style

SingleFamilyResidence

Lot Size

0.18

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

502854669

Features
General
Utilities ElectricityConnected NaturalGasAvailable SeeRemarks SewerConnected WaterConnected
Zoning R2.5
Property Subtype SingleFamilyResidence
Tax Year 2025
Current Use RawLand Residential
Parcel Number R271677
County Multnomah
Property Type Land
HOA N
Subdivision Name UNIVERSITY PARK
Other Structures Garage Residence ToBeTornDown
Status Active
Directions N Lombard St north on N Portsmouth Ave west on N Fessenden St north on N Jordan Ave to property.
High School Roosevelt
City Portland
Disclosures Disclosure
MLS Area _141
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional
Elementary School Astor
Tax Annual Amount 4120.94
Middle/Junior High School Astor
Virtual Tour https://www.youtube.com/watch?v=voN2zuUIyaY
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SMITHSON LAND COS ADD BLOCK 5 LOT 28&29; SMITHSON LAND COS ADD BLOCK 5 LOT 32
ADU False
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Exterior
Lot Dimensions Approx. 75'x105'
Lot Size Acres 0.18
Road Surface Type Paved
Number of Lots 2
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Internal Only
Street Number 1 7218
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$4,622
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$343
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
1949762 Elementary School
1950192 Middle School
Roosevelt High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$694,900 Listed Price

Map


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7218 N JORDAN AVE, Portland, OR, 97203 is a Lots and Land for sale at $694,900 with a lot size of 0.18. 7218 N JORDAN AVE is a studio with 0.0 baths. The property's zip code is 97203 which is in Portland, OR