$150000

Price cut: $125K (12-31-2025)

Bed
Bath
SqFt
246 DOM
Built:
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 308963076 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.

Listing Provided Courtesy of Peter Clark, Keller Williams Realty Portland Premiere

General Information

MLS #396419600
TypeSingleFamilyResidence
Days on Market 246 DOM
Beds
Lot Size 9583.2 SqFt
Baths
SqFt
Year built
ZoningR5 Cz
CountyMultnomah
Tax IDR327875
ElemAinsworth
MiddleWest Sylvan
HighLincoln
PropCategoryLand
PropTypeSingleFamilyResidence
Neighborhood (Legal)SECTION 10 1S 1E, TL 5800 0.22 ACRES

Listing Provided Courtesy of Peter Clark, Keller Williams Realty Portland Premiere

Krishna Realty data last checked: Apr 26, 2026 12:55 | Listing last modified Apr 03, 2026 08:29, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt
SFSrc
TotUp/Mn
Fireplaces
Bdrms
Full Bath
Partial Bath
Total Bath
Roof
Garage
Style
Parking
Levels
Year Built
Green CertNo
Energy Eff
Exterior
Bsmt/Fnd
RV
URM
Basement
Foundation
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
Cool
Water
Heat
Sewer
Hot Water
Fuel

Financial

PTax/Yr1645.53
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date07-31-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 246
CDOM 269
Sold Date
TermsCash,Conventional
Original Price$275,000
List Price$150,000
Sold Price
Last ModifiedApr 03, 2026 08:29

Schools

Elementary : Ainsworth N/A Ratings

Middle : West Sylvan N/A Ratings

High : Lincoln N/A Ratings

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. Krishna Realty data last checked: Apr 26, 2026 12:55 | Listing last modified Apr 03, 2026 08:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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