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2408 SE 139TH AVE, Portland
$209,000
306557573 MLS
**PRIME RM1 DEVELOPMENT OPPORTUNITY!** Rare opportunity to develop a vacant, build-ready parcel in a highly desirable, high-demand Portland location! Zoned RM1 with approximately $20k in City permit intake fees already paid. City-approved plans for a 9-unit, three-level townhouse-style condominium project featuring spacious 3-bedroom, 3.5-bath layouts. Complete architectural, building, and structural engineering plans available, plus plans for an alternative 18-unit multifamily apartment development. Approximately $150,000 invested in planning, architectural design, engineering, City of Portland Early Assistance, and Type IIx review, currently under review. Potential to modify layouts or pursue increased density, subject to City approval. Exceptional opportunity for builders and investors to save time and upfront development costs while maximizing this property's potential!

2408 SE 139TH AVE, Portland

SW PALATINE ST, Portland
$325,000
431865194 MLS
Discover a hidden gem in Southwest Portland! Nestled among towering mature trees and lush Pacific Northwest greenery, these two adjoining parcels offer approximately 1.42 acres of beautiful wooded land in a peaceful, natural setting. Imagine owning your own slice of nature, surrounded by the beauty of the forest, yet conveniently located near Lake Oswego and all that Southwest Portland has to offer.A unique opportunity for those who appreciate natural beauty, open space, and the possibilities of land ownership. With established trees, picturesque surroundings, and a tranquil atmosphere, this property offers a setting that's increasingly hard to find.Both parcels are offered together for $325,000. Tax ID R164927 (0.77 acres, R20 zoning) and Tax ID R164928 (0.65 acres, R20 zoning). Property is undeveloped and subject to environmental overlays and land-use restrictions. Buildability and permitted uses have not been established. Public water and sewer infrastructure have been reported nearby; connections and availability are unverified. Buyer to perform due diligence regarding zoning, development feasibility, access, utilities, and property boundaries.

SW PALATINE ST, Portland

LEVY CODE 001, Portland
$49,900
506578741 MLS
An exceptional opportunity to explore the possibilities of a vacant, level lot on SW 45th Drive, just north of SW Brugger Street. Encompassing approximately 5,000 square feet, this parcel offers a desirable canvas for those looking to create a thoughtfully designed home or pursue a residential investment opportunity. According to the City of Portland, the property is zoned R7pz. Its level topography offers an appealing starting point for envisioning future development in an established residential setting. Whether you're considering building a custom home or exploring the potential of the property as a long-term investment, this is an opportunity worth investigating. Buyers are encouraged to conduct their own due diligence and verify zoning, development standards, permitted uses, utilities, and the feasibility of construction directly with the City of Portland. Buyer to independently confirm all building and development possibilities.

LEVY CODE 001, Portland

2706 SE 122ND AVE, Portland
$1,065,000
341799645 MLS
MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately 1.54 acres (67,170 SF per Multnomah County records) across three contiguous tax lots in Southeast Portland. Seller-provided preliminary development concept shows 51 residential units, including 36 two-bedroom units and 15 one-bedroom units with dens, plus 63 proposed parking spaces. The conceptual design features three-story walk-up buildings. ** NEW FENCE INSTALLED! ** Seller is open to selling the lots together or separately, subject to access considerations. Conveniently located minutes from shopping, public transportation, and employment centers. Development plans are conceptual and have not been approved by the City of Portland. Proposed unit count, layout, parking, and development feasibility have not been independently verified. Buyer to verify zoning, permitted uses, utilities, access, easements, development potential, and all other property details with the appropriate authorities.

2706 SE 122ND AVE, Portland

4835 SE KELLY ST, Portland
$440,000
466810169 MLS
Fixer opportunity in coveted Richmond neighborhood on corner lot near popular Division shops, dining, cafes, parks, schools & easy commuter routes, blending urban convenience w/residential quietude!! Restore, build, ADU, plex?? The possibilities are as exciting as the location itself! (Buyer to perform due diligence regarding development possibilities and permitted use). Located near local parks, shops, dining, cafes & easy commuter routes, this property blends urban convenience w/residential quietude. Built in the turn-of-the-century, the house boasts dreamy original charm & character while highlighting large living & dining rooms w/tall ceilings & windows that shower in an abundance of light. Wood flooring, period molding, original light & bright kitchen/cabinetry & bath w/clawfoot tub. Bathroom opens via bedroom & kitchen. In- use above ground oil tank in basement. Fully fenced backyard. Truly a gem in a phenomenal neighborhood!

4835 SE KELLY ST, Portland

3810 SE 122ND AVE, Portland
$499,000
365392704 MLS
DEVELOPMENT OPPORTUNITY IN SE PORTLAND! Bring your vision to this vacant parcel located at 3810 SE 122nd Ave! Zoned RM2 (Residential Multi-Dwelling 2), this property offers exciting potential for residential development, including multifamily housing opportunities, subject to city approval. Conveniently located along SE 122nd Ave with access to shopping, dining, public transportation, and major roadways. Water, sewer, and electrical utilities are available. Whether you're a builder looking for your next project or an investor seeking development potential, this is an opportunity worth exploring! Buyer to perform all due diligence regarding zoning, permitted uses, development potential, utility connections, and building requirements with the City of Portland. Don't miss this opportunity to bring your next project to life!

3810 SE 122ND AVE, Portland

20 NE 99TH AVE, Portland
$475,000
586982024 MLS
Position your next development project on this highly visible corner lot at NE 99th Avenue and E Burnside Street in Portland’s Gateway area. This flat commercial parcel offers prominent street exposure along a well-traveled commercial corridor, with convenient access to I-205, MAX light rail, and Mall 205. Zoned EG1, the property presents an opportunity to explore office or industrial development up to 45 feet in height, subject to applicable requirements. Envision a dedicated office building, an industrial workspace, or another permitted commercial use that takes advantage of the property's visibility and accessibility. Utilities include water availability, gas and sewer at the property line, power, and underground utilities. Conceptual renderings included in the photos illustrate potential development possibilities! (Buyers to conduct their own due diligence and verify zoning, development requirements, building feasibility, dimensions, and utility availability with the county.) A prime opportunity to establish a commercial presence in a prominent, accessible location!

20 NE 99TH AVE, Portland

4728 NE 27TH AVE, Portland
$349,900
513730678 MLS
Bring Your Vision to Life in Alberta Arts! An exciting development opportunity awaits in the heart of Northeast Portland’s vibrant Alberta Arts District. This garden-filled lot offers a blank canvas for your next vision, with a variety of potential development possibilities. Some utilities are present, and the existing shed can stay or go depending on your plans. Alley access adds another appealing feature to this property, offering flexibility for your future project. Enjoy an exceptional location with a Walk Score of 88 and Bike Score of 99, putting the neighborhood’s shops, restaurants, cafes, and local favorites within easy reach. Whether you’re envisioning a new build or exploring other possibilities, this property is ready for your ideas. Bring your creativity and explore the potential! Buyer to perform all due diligence regarding zoning, permitted uses, development potential, utilities, and site conditions.

4728 NE 27TH AVE, Portland

8220 SW CANYON DR, Portland
$565,000
345412255 MLS
First time on the market in over 50 years, this home offers a rare opportunity to renovate or explore the property's potential for redevelopment. Current zoning of R9 has the potential to divide in to 3 separate lots. Buyer to do due diligence, ask broker to send development package if interested. Walking in to the current home, you will find the kitchen with breakfast nook, formal dining and living rooms with built in features and a wood burning fireplace. In addition on the main level, there is an office/bedroom. Upstairs includes a bonus room and two bedrooms with hardwood floors. Unfinished basement has plenty of room for storage. Super private yard on .39 Acres. Quiet location with close proximity to public transportation, freeway access, parks, shopping and restaurants. Portland address with lower unincorporated Washington County taxes!

8220 SW CANYON DR, Portland

840 SW STEPHENSON ST, Portland
$499,000
794853959 MLS
Builders & Developers! Multiple Middle Housing Infill Options are available on this Lot. R10, .53-acre 23,086sf site in SW Portland, under 3/4 mile from Lake Oswego. This Property can accommodate up to 16 Cottage Cluster homes, detached or attached. New code will allow attached & detached multiplex (duplex, 3plex and-or 4plex) configurations. Development options can include rare infill garage & on-site parking. Gentle slope gives daylight-basement potential. (Exempt from Square Foot averages & FAR) Lots can be created using an expedited Middle Housing Land Division. All Utilities available. Site plans, utility layout, soil test and engineering available. Seller is a licensed Oregon Realtor. Buyer to verify zoning, density and all development information.

840 SW STEPHENSON ST, Portland

7623 SW 49TH AVE, Portland
$395,000
548385983 MLS
AMAZING LOCATION AND OPPORTUNITY! More pictures coming soon. Near Multnomah Village, Gabriel Park, SW Community Center, Garden Home Community Center, Mittleman Jewish Community Center and more. This coveted Maplewood neighborhood is a SW Portland gem for you to discover. This sweet little ranch was stripped down inside in preparation to build a new home. Health issues now mean that the sellers' dream can now be yours! High-end, accessible plans have been approved and are available at no charge to buyer. Water management and demolition permits are in hand and asbestos mitigation, boundary survey and underground tank decommissioning is complete($90,000 value).This community is a throwback to times when neighbors cared for each other and multigenerational living was the norm. Come discover Maplewood and a rare opportunity to make your dreams come true!

7623 SW 49TH AVE, Portland

SW VESTA ST, Portland
$160,000
290394402 MLS
Fantastic opportunity to own a 7,500 sq. ft. lot in a desirable SW Portland neighborhood! Conveniently located near McNary Dog Park, Kerr Natural Area, and Loll Wildwood Natural Area, with New Seasons Market, shopping, restaurants, and local bars approximately a mile away. Enjoy easy access to I-5, Hwy 99, Hwy 217, plus a short drive to Lake Oswego. Seller believes utilities are available at the street near the corner of the property. Buyer to perform all due diligence regarding zoning, utilities, environmental requirements, and buildability. Great opportunity to explore the possibilities in an established neighborhood with convenient access to nature and everyday amenities! A++ schools! Kindly please do not walk the property without an appointment.

SW VESTA ST, Portland

12400 SW BEEF BEND RD, Portland
$1,500,000
759642497 MLS
Bring your vision to 2.48 acres of development potential in the heart of Tigard! Zoned R-9 and conveniently located within the Portland metro area, this property offers a rare opportunity for builders, developers or investors looking for a sizable parcel in an established area. The value is in the land, with the existing home considered of no value and the property best suited for removal of the current structure and future redevelopment. The expansive acreage provides an exciting blank canvas for what could come next, subject to buyer verification and approval of intended uses. A substantial 46-by-20-foot detached, open-sided covered structure is also located on the property and may provide useful space during planning or development. Enjoy a location that combines development possibilities with convenient access to everyday amenities. Nearby Cook Family Park features riverfront trails, sports fields, playgrounds, picnic areas and access to the Tualatin River. Shopping, dining and services throughout Tigard, King City and the greater Tualatin area are within easy reach, along with connections to the rest of the Portland metro.Opportunities to acquire 2.48 acres in Tigard are increasingly hard to find. Whether you're considering residential development or another use permitted under the zoning, this property is ready for a fresh start. Existing home has no value; value is in the land. Buyer to perform all due diligence regarding R-9 zoning, density, utilities, development potential, demolition requirements and permitted uses.

12400 SW BEEF BEND RD, Portland

NW MACKAY AVE, Portland
$150,000
399327284 MLS
Discover a rare opportunity to own a substantial property tucked into Portland's Northwest hills near Forest Park. This .48 acre lot consists of three parcels and is believed to be the largest combined property with the least amount of sloping in the Waldemere subdivision. Zoned R7, the property offers single family or multi family development potential. There are no other homes located on Mackay and this lot is at the end of the road, where Firelane 9 begins. Willamette river and territorial views. The existing concrete wall is the remnants of the Waldemere Reservoir, historically used for fire suppression in the area until water main systems were integrated. Natural gas, water, sewer, electricity available in vacinity. A nearby PGE transmission reliability project is currently under land-use review, with a public hearing scheduled for October 14th, 2026. The proposed project would extend electric service in the surrounding area. Buyer to perform all due diligence regarding zoning, property lines, utility availability, developmental potential, permits with City of Portland.

NW MACKAY AVE, Portland

17112 SE POWELL BLVD, Portland
$279,900
772244752 MLS
Excellent Commercial Land Opportunity on SE Powell Blvd! Approx. 0.48-acre / 20,909 SF cleared corner lot offering great visibility and exposure along a high-traffic commercial corridor. Conveniently located near established retail, a grocery store, and surrounding residential growth. Water, sewer, electricity, natural gas, and cable are reported available at the property. A great opportunity for investors, developers, or owner-users looking to develop in a growing East Portland location. Commercially zoned with multiple potential uses; buyer to verify all intended uses, zoning, development requirements, and utilities with the City of Portland. Bring your vision and take advantage of this well-positioned commercial site!

17112 SE POWELL BLVD, Portland

16057 NE HALSEY E ST, Portland
$375,000
142838777 MLS
Your plans deserve more than a spot on paper, start with .33 acres in Northeast Portland. Located on NE Halsey Street, this parcel offers water and sewer availability, with everyday essentials and outdoor recreation nearby. Glendoveer Golf & Tennis brings golf courses, indoor tennis, and a tree-lined nature trail close to home, while nearby Wilkes Park adds another option for spending time outdoors. Grocery shopping, pharmacy services, and dining along the NE 181st Avenue corridor make daily errands convenient. Whether your plans are taking shape now or you’re exploring possibilities for the future, this property offers land in an established Portland setting with amenities already around you. Buyer to verify zoning, permitted uses, utility connection requirements, and development feasibility.

16057 NE HALSEY E ST, Portland

1335 NW 128TH AVE Unit #LOT 1, Portland
$1,324,999
667896291 MLS
A rare development opportunity in the heart of Terra Linda! Centrally located in Cedar Mill, this expansive R-5 property offers incredible potential in one of the area’s most established neighborhoods. Seller's recent survey illustrates the possibility of retaining the existing home, detached garage and pool while creating up to four additional homesites, offering a unique opportunity for a builder, developer or buyer looking to maximize the property’s potential. The property currently includes an existing residence, detached one-bedroom/one-bath ADU, detached garage, large shop, pool and gazebo. Washington County’s R-5 designation is intended for residential development and generally allows a density of four to five units per acre, with additional possibilities for qualifying middle housing development. Buyer to perform all due diligence regarding zoning, land division, density, utilities, access and development feasibility. Located in the heart of Terra Linda with easy access to parks, schools, coffee shops, restaurants and everything Cedar Mill has to offer. Opportunities for a property of this size and development potential in such an established Westside location are incredibly hard to find. Please do not walk the property without an appointment.

1335 NW 128TH AVE Unit #LOT 1, Portland

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 © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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