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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 599,900
Est. payment /mo
Price Dropped by $50K
5205 SE 18TH AVE Portland, OR 97202
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Recreational
Listing Status Active
Purchase Type For Sale
Subdivision Sellwood - Moreland
MLS Listing ID 462339850
HOA Y/N No
Annual Tax Amount $4,380
Tax Year 2025
Lot Size 10,018 Sqft
Property Sub-Type Residential Recreational
Property Description
Perfect opportunity for close in large scale development on a ~0.23 acre RM4 site in Sellwood Moreland. With ~100x100 lot dimensions and ~100 feet of road frontage along SE 18th, the property offers a clean urban infill opportunity in one of inner SE Portland's most connected locations. Minutes to downtown Portland and positioned near Sellwood-Moreland, Westmoreland, Brooklyn, and other popular SE Portland destinations, this site benefits from the fundamentals developers look for: transit access, neighborhood commercial corridors, established residential demand, and lifestyle amenities that help support future housing appeal for years to come. Set near SE 17th, SE Milwaukie, and Holgate, the property is close to coffee, dining, parks, trails, and everyday services. Westmoreland Park, Sellwood Park, Oaks Bottom Wildlife Refuge, Sellwood Riverfront Park, and the Springwater Corridor are all part of the surrounding neighborhood draw, giving future residents access to outdoor recreation and some of inner SE Portland's most valued green space. Nearby transit helps connect the area to downtown Portland, South Waterfront, PSU, Milwaukie, and the broader eastside. RM4 is a high density multi dwelling zone applied near the Central City, station areas, and along civic corridors served by frequent transit and close to commercial services. The zone supports high density urban housing with a high percentage of building coverage, little or no front setback, and housing characterized by mid to high rise buildings, typically 4 to 7 stories. RM4 zoning may support townhome or high density apartment concepts, subject to City of Portland review and all applicable requirements. Buyer to perform all due diligence with the City of Portland and applicable utility providers regarding utilities, access, driveway approvals, setbacks, parking, permitted uses, lot configuration, separate buildability of lots, and overall development feasibility.
Location
State OR
County Multnomah
Area _143
Zoning RM4
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, SeeRemarks, WaterAvailable
View Trees Woods
Garage No
Building
Lot Description Brush, Public Road, Trees
Schools
Elementary Schools Llewellyn
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.youtube.com/watch?v=-f1RvAr1J5o
