Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.
Listing Provided Courtesy of Denis Sieben, Engel & Volkers West Portland
General Information
599347539
SingleFamilyResidence
195
DOM
3
0.86 acres
3.5
1312
1946
MC
Multnomah
R340536
Butler Creek
Centennial 5/10
Centennial 5/10
Residential
SingleFamilyResidence
SECTION 18 1S 3E, TL 800 0.86 ACRES
Listing Provided Courtesy of Denis Sieben, Engel & Volkers West Portland
Krishna Realty data last checked: Mar 16, 2026 07:48 | Listing last modified Jan 01, 2026 14:27,
Source:
Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.
