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Listed by Opt • 360-747-2999
$439,900
Est. payment /mo
0.84 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 741236477
HOA Y/N No
Annual Tax Amount $1,414
Tax Year 2025
Lot Size 0.840 Acres
Property Sub-Type Multi Family
Property Description
Investor and developer opportunity in SE Portland. This .84-acre R7-zoned property at 5303 SE 113th Ave consists of two tax lots totaling .62 acres and .22 acres, offering flexibility for future development strategies. R7 zoning allows for medium-density residential development, including potential middle-housing options under Portland's Residential Infill Project (buyer to verify). Public utilities are available, supporting efficient development planning. Rare chance to acquire multiple tax lots in an established residential area with strong demand and long-term upside.
Location
State OR
County Multnomah
Area _143
Zoning R7
Exterior
Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable
Garage No
Building
Lot Description Cleared
Schools
Elementary Schools Earl Boyles
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Nearby School & Business
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Brian O Gass
Principle Broker | License ID: 201235550
Principle Broker License ID: 201235550