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Foris Real Estate, brokered by eXp Realty
2408 SE 139TH AVE, Portland, OR 97233
- $209,000
- List Price
- $209,000
- Days on Market
- 1
- MLS#
- 306557573
- Property Type
- Land
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
**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!
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Additional Information
- Tax Amount
- $1,498
- High School
- David Douglas
- Elementary School
- Lincoln Park
- Middle School
- Ron Russell
- Acres
- 0.36
- Property Type
- Multi Family
- Terms
- Cash
- View
- Trees/Woods
- Utilities Included
- Electricity Available, Natural Gas Available, Public Sewer, Water Available
- Present Use
- Other
- Road Surface
- Paved
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Listing courtesy of Move Real Estate Inc.
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.