2408 Se 139th Ave, Portland, Oregon 97233
- $209,000
Overview
- Land, MultiFamily
- 306557573
- 0.36 Acres
- Move Real Estate Inc
- Lyndsey Lord
Description
**PRIME RM1 DEVELOPMENT OPPORTUNITY!** Rare opportunity to develop a vacant, build-ready parcel in a highly desirable, high-demand Portland location! Zoned RM1 with approximately $20k in City permit intake fees already paid. City-approved plans for a 9-unit, three-level townhouse-style condominium project featuring spacious 3-bedroom, 3.5-bath layouts. Complete architectural, building, and structural engineering plans available, plus plans for an alternative 18-unit multifamily apartment development. Approximately $150, 000 invested in planning, architectural design, engineering, City of Portland Early Assistance, and Type IIx review, currently under review. Potential to modify layouts or pursue increased density, subject to City approval. Exceptional opportunity for builders and investors to save time and upfront development costs while maximizing this property’s potential!
Details
Updated on November 2, 2026 at 3:00 am-
MLS# 306557573
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Price $209,000
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Land Area 0.36 Acres
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Garage Size x x
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Property Type Land, MultiFamily
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Property Status Active
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Office Name Move Real Estate Inc
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Agent Name Lyndsey Lord
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Office Phone 503-836-2010
Additional details
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Listing Terms Cash
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Utilities Electricity Available, Natural Gas Available, Public Sewer, Water Available
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County Multnomah
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Property Type Land
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Elementary School Lincoln Park
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Middle School Ron Russell
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High School David Douglas
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly HOA Fees
Contact Information
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