$1490000
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5 Bed
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3 Bath
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2560 SqFt
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1 DOM
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Built: 1958
- Status: Active
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Krishna Regupathy
Principal Broker
(503) 893-8874Located in Portland’s esteemed Dunthorpe neighborhood, this 1.22-acre property presents exceptional potential for development or a full-scale reimagining. The majority of the land lies within unincorporated Multnomah County rather than the City of Portland—an advantage reflected in its lower property taxes. The primary 1-acre portion is zoned R-20. An additional .22-acre parcel is located in Clackamas County and zoned R-30. Buyers are encouraged to conduct their own due diligence with the appropriate jurisdictions regarding building options, allowable density, and development feasibility. A developer packet is available.The existing mid-century daylight ranch—featuring primarily main-level living—is being sold AS-IS and offers a versatile canvas for renovation, expansion, or replacement. Whether you are a builder, investor, or homeowner with a distinct vision, the opportunities here are outstanding. Create a modern architectural statement, restore the home’s classic mid-century character, or explore multi-lot development potential.The home features plenty of light and hardwood floors.A possible future building site sits behind the current home—level, sun-filled, and backing to Terwilliger—which may also allow for a secondary access point. This is a rare offering in one of Portland’s most desirable neighborhoods. Don’t miss the chance to shape the future of this remarkable property.
Listing Provided Courtesy of Mimi McCaslin, LUXE Forbes Global Properties
General Information
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277502875
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SingleFamilyResidence
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1 DOM
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5
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1.22 acres
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3
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2560
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1958
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tbd
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Multnomah
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R331671
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Riverdale 8/10
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Riverdale 8/10
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Riverdale 8/10
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Residential
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SingleFamilyResidence
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SECTION 34 1S 1E, TL 2200 1.00 ACRES
Listing Provided Courtesy of Mimi McCaslin, LUXE Forbes Global Properties
Krishna Realty data last checked: Nov 15, 2025 00:53 | Listing last modified Nov 14, 2025 12:51,
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