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Data Last Updated: 09/21/2026 08:25 PT
$500,000
103 days on market4 beds · 1 bath · 2,369 sqft
$2,594 principal & interest + $366 taxes
Estimate assumes a 6.75% 30-year fixed rate. Not a quote or pre-qualification.
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Your local expert: Marcus Lathan
DEVELOPMENT OPPORTUNITY — SELLER OPEN TO OFFERS! Rare MDR-zoned property on 3/4 acre along SE Stark Street offering exceptional potential for builders, developers, investors and owner-users. Previous planning discussions indicated potential for approximately 18–24 residential units; buyer to verify density, zoning and development feasibility with applicable jurisdictions. The flat, usable site offers excellent visibility and access with possibilities that may include multifamily housing, townhomes, cottage clusters, mixed-use concepts or other redevelopment opportunities (buyer to verify). An existing home adds immediate flexibility and may be renovated, rented, owner-occupied, or potentially utilized for business/office purposes while exploring future development. With substantial land, MDR zoning and a prominent SE Stark location, this property offers multiple paths for investors and developers looking for Portland-area development land and long-term upside. SELLER IS OPEN TO OFFERS—bring your vision and explore the possibilities! Buyer to perform all due diligence regarding permitted uses, density, utilities, access, permits and development requirements.
Appliances & Features1
Legal description
SECTION 04 1S 3E, TL 10400 0.74 ACRES
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