$275000
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Bed
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Bath
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SqFt
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32 DOM
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Built:
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Status: Active
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Unique Multi-Lot Development Opportunity Near Downtown Portland – R5 Zoning with Environmental Overlay Just one mile southwest of downtown Portland, this exceptional offering includes three separate tax lots, presenting a rare opportunity for a custom home build or boutique-scale development in one of the city’s most desirable close-in neighborhoods. Set within a peaceful, wooded environment, these sloped parcels provide a quiet natural setting with easy access to the city core. This lot is nestled into mature trees, offering privacy and a tranquil backdrop for a thoughtfully designed home. An adjacent lot and a third lot located just across the currently undeveloped street are also available, opening the door for expanded development—whether as a cohesive multi-home project, investment opportunity, or a private compound. All parcels are zoned R5 and carry a Cz (Constrained Site/Environmental Overlay), which supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative architectural solutions such as daylight basements, terraced construction, or homes that integrate seamlessly into the natural landscape. Utilities are nearby (buyer to verify), and public transit is within walking distance—making access to downtown Portland, OHSU, PSU, and the South Waterfront fast and convenient. The Cz overlay will require careful planning and coordination with the City of Portland for permitting and development, but the potential here is significant for those with vision and a desire to build within nature, just minutes from the urban center. Whether you're a developer, architect, or homeowner seeking a rare urban infill opportunity, this multi-lot offering represents one of the last great chances to build in a close-in west side location where nature, flexibility, and proximity converge.
Listing Provided Courtesy of Peter Clark, Keller Williams Realty Portland Premiere
General Information
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308963076
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SingleFamilyResidence
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32 DOM
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7405.2 SqFt
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-
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R5 Cz
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Multnomah
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R327887
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Ainsworth
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West Sylvan
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Lincoln
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Land
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SingleFamilyResidence
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SECTION 10 1S 1E, TL 5700 0.17 ACRES
Listing Provided Courtesy of Peter Clark, Keller Williams Realty Portland Premiere
PDXA1 Realty Group data last checked: Sep 01, 2025 13:39 | Listing last modified Sep 01, 2025 01:17,
Source:
Residence Information
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-
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No
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Features and Utilities
Financial
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1517.75
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0
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Cash,Conventional
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07-31-2025
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No
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No
Comparable Information
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32
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32
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Cash,Conventional
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$275,000
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$275,000
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Sep 01, 2025 01:17
Schools
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Sep 01, 2025 13:39 | Listing last modified Sep 01, 2025 01:17.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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