Rare RH-zoned development opportunity in East Portland with a 15,000 SF lot and strong upside beyond the existing home. Seller has a preliminary concept for 9 units, but the real value here is in the land and its high-density multifamily potential. Located near MAX/transit, this site may benefit from Portland’s transit-oriented development standards, creating an attractive opportunity for builders, multifamily investors, and land bankers. Existing home can provide interim income or hold value while buyer pursues planning. Buyer to perform all due diligence regarding unit count, FAR, height, parking, transit-related allowances, and development feasibility.
Listing Provided Courtesy of Paul Campbell, Epique Realty
General Information
383110687
SingleFamilyResidence
1
DOM
4
0.34 acres
2
1288
1947
RH
Multnomah
R216737
Menlo Park
Floyd Light
David Douglas 5/10
Residential
SingleFamilyResidence
MENLO PK, S 74' OF E 150' OF LOT 3, N 26' OF E 150' OF LOT 4
Listing Provided Courtesy of Paul Campbell, Epique Realty
Krishna Realty data last checked: Mar 13, 2026 23:43 | Listing last modified Mar 12, 2026 15:29,
Source:
Download our Mobile app
Residence Information
0
644
644
1288
Owner
644
4
2
0
2
Composition,Shingle
Detached
Stories2,Bungalow
1
1947
No
WoodSiding
Finished,FullBasement
RVParking
Finished,FullBasemen
ConcretePerimeter
Features and Utilities
Baseboard
PublicSewer
Electricity
Financial
3882.44
0
Cash,Conventional
03-12-2026
No
No
Comparable Information
1
1
Cash,Conventional
$599,000
$599,000
Mar 12, 2026 15:29
Schools
Elementary : Menlo ParkN/ARatings Middle : Floyd Light N/ARatingspublic High : David Douglas
5/10Ratings
Rare RH-zoned development opportunity in East Portland with a 15,000 SF lot and strong upside beyond the existing home. Seller has a preliminary concept for 9 units, but the real value here is in the land and its high-density multifamily potential. Located near MAX/transit, this site may benefit from Portland’s transit-oriented development standards, creating an attractive opportunity for builders, multifamily investors, and land bankers. Existing home can provide interim income or hold value while buyer pursues planning. Buyer to perform all due diligence regarding unit count, FAR, height, parking, transit-related allowances, and development feasibility.