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253135495 MLS
Here is a unique value add opportunity for a builder or investor in a desirable Southeast Portland location. This 5,916 square foot lot, zoned R5, is primed for the right professional to complete its development. The remaining steps to make the lot shovel ready have been identified: it requires water and sewer line extensions and driveway validation. This presents a clear opening for a new owner to step in and capitalize on the upside by taking the project to completion. Buyers are encouraged to perform their own due diligence regarding development requirements. This property will be offered at auction. The opening bid is set at $20,000.

10222 SE SCHILLER ST, Portland
$225,000
145195581 MLS
Rare opportunity to build your dream home in highly desirable Thompson Heights next to Forest Heights. This gently sloping view lot backs to protected greenspace for added privacy and beautiful territorial views. Located on a private drive in an established luxury neighborhood with miles of walking trails, parks, and easy access to Downtown Portland, Nike, Intel, shopping, restaurants, Hwy 26 & 217. Utilities available including sewer, power, natural gas, and cable. Bring your own builder or explore custom build options. One of the last premium buildable lots in Northwest Portland. Buyer to perform own due diligence regarding development, utilities, and buildability.

3348 NW TULLAMORE CT, Portland
$100,000
453195462 MLS
Prime investment opportunity featuring two lots in coveted RM1 Multi-Dwelling zoning. Adjacent lot included with purchase- 2105 NE Buffalo St, additional 3366 Sq/ft corner lot. Water & sewer are in the street and natural gas is on the NE corner of NE Lombard & 22nd. Electricity poles line the north side of Lombard. Over 30K paid for plans, civil engineering & permit intake review fees. Seller has plans for Single Family + ADU included in sale price. All of the utility locations have been done, and groundwork laid for a thoughtful and lucrative development of this strategically situated property. Zoning RM1 allows for multiple dwellings, including multi-plex, no parking required. Close proximity to I-205, airport, parks, and major transportation arteries. Drive by and show! Buyer to do their own due diligence with permit information.

2045 NE BUFFALO ST, Portland
$70,000
102073177 MLS
Desirable Healy Heights neighborhood. Just minutes to OHSU and downtown Portland. Buyer to perform their due diligence on buildability regarding development potential, zoning regulations, overlays and utility access.

SW McDonnell, Portland
$599,900
462339850 MLS
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.

5205 SE 18TH AVE, Portland
$1,300,000
508661518 MLS
.92 acre approx. Zoned CM2. Cleared. Multiple uses allowedPrevious owner had plans and permits for 8975 sq. ft building. Work was started but never finished. All permits expired. Water vault installed. Rain drain system installed. Temporary electrical panel on site. Completely Fenced.

16119 SE STARK ST, Portland
$250,000
415576029 MLS
Own your very own slice of Banfield Pie! So much opportunity on this level lot, zoned RM2 - potential to develop for multifamily, townhome, or cottage cluster. Close-in and central to it all, with great schools, shopping, and dining just out the door! Buyer to verify potential uses. Please do not go onto the property without permission.

NE Clackamas ST, Portland
$650,000
604034760 MLS
Beautiful 2.44-acre parcel with approvals in place for one homesite and potential for additional development (buyer to verify). Easement access established. Property features a mix of meadow and wooded areas with mature apple trees, seasonal creek setting, and ongoing restoration support from Tualatin Valley Soil & Water Conservation District (voluntary program, no cost to seller, may be modified or terminated). Septic test pits completed with approved drain field area. Adjacent land to the west across the creek is not expected to be developed. Look for the Lark + Fir directional signs and larger property sign marking the main portion of the parcel. Please note the neighboring residence is not part of the property for sale and kindly stay off that property. Goats will be grazing on-site for blackberry management—please do not feed or disturb them. Buyer to complete due diligence regarding partition potential, utilities, septic, access, environmental overlays, and permitting.

10786 NW LAIDLAW RD, Portland
$1,995,000
349942035 MLS
First time available for purchase to the public market, this is one of the last remaining build opportunities in the highly sought after Dunthorpe neighborhood! Three tax lots totaling 5.19 private acres backing to Tryon Creek State Park with residential R20 zoning present a unique offering for builders, investors, or those seeking to create a private estate. All lots to be sold together. All 3 lots received lot confirmation from the city. Parcels include a single-level fixer with a partially finished basement, and a detached RV/boat garage. Extensive street frontage provide flexibility and quick access to paved sidewalks and trails. Water, gas, electric and existing sewer is on site, plus 2 additional ready sewer connections upon annexation to City of Portland. Ideally situated with convenient access to vibrant downtown Lake Oswego restaurants and amenities, downtown Portland, freeways and PDX all while being located within the top rated Riverdale School District. Buyers to do own due diligence. Showings by appointment only.

12645 S TERWILLIGER BLVD, Portland
$824,900
183618629 MLS
A rare Garden Home opportunity on nearly an acre, offering two separate dwellings and endless potential. Set on a generous, level double lot, this property is ideal for those looking to take on a project with significant upside. A strong value-add option for investors, builders, or anyone seeking a redevelopment site. The expansive grounds open the door to a variety of future uses—expand, reconfigure, add additional structures, or create rental income (buyer to verify). Tucked on a quiet street within an established neighborhood, the setting feels peaceful yet remains close to local amenities. Whether your vision is renovation, new construction, or long-term investment, this large parcel in Garden Home presents a unique chance to shape something special.

7640 SW 67TH AVE, Portland
$780,000
178104165 MLS
Located just off E Burnside Street in Portland’s Montavilla neighborhood, this offering consists of two adjacent parcels totaling approximately 0.22 acres with CM2 (Commercial Mixed-Use 2) zoning. Positioned in one of East Portland’s most established and walkable neighborhoods, the property presents a compelling opportunity to develop high-density multifamily housing in a strong rental submarket with convenient access to neighborhood amenities, transit, and major employment corridors. The offering includes one vacant parcel and one improved parcel containing a 2,624 square foot single-family home built in 1947. The home is currently leased to a month-to-month tenant providing interim income while a developer advances development plans.A full development package has been completed for the property, including architectural plans, a geotechnical report, plumbing plans, survey work, mechanical engineering and a first submission of plans to the city with corrections noted, significantly reducing the upfront time and cost associated with early-stage development. The proposed project consists of a 30-unit apartment building comprised of efficiently designed one- and two-bedroom units tailored to the strong demand for attainable housing in Portland’s close-in eastside neighborhoods. *Square footage and bedroom count need to be verified by buyer.

33 SE 83RD AVE, Portland
$1,850,000
502535901 MLS
Prime development opportunity along NE Sandy Blvd in East Portland’s Parkrose submarket, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. The offering consists of two adjacent parcels totaling approximately 2.68 acres (116,741 SF), zoned CM1 (Commercial Mixed-Use 1), allowing for a mix of residential and commercial uses including multifamily and neighborhood-serving retail.The site provides scale that is increasingly rare for infill development in Portland, making it well suited for a multifamily or mixed-use project designed to meet ongoing housing demand. A natural creek traverses a portion of the property, and sections are designated with Environmental Conservation (“c”) and Environmental Protection (“p”) overlays, which may require setbacks and impact overall site planning. At the same time, these features present an opportunity to incorporate natural open space and amenity-driven design into future development.Strategically positioned along a key commuter corridor connecting Portland to Gresham, the property benefits from proximity to public transit, I-205, Portland International Airport, and major employment hubs. The surrounding area continues to experience population growth and redevelopment activity, supporting long-term value appreciation.This offering is well suited for developers seeking a flexible, large-scale mixed-use or multifamily site in a supply-constrained market. Buyer to perform all due diligence regarding zoning, environmental overlays, and permitted uses.

16340 NE SANDY BLVD, Portland
$525,000
541788672 MLS
Tucked away on a private, tree-lined lane, this nearly half-acre lot offers a rare chance to build a legacy home in one of Portland’s most coveted and established neighborhoods. Nestled between the Willamette River and the wooded campus of Lewis & Clark College in the highly regarded Riverdale School District - home to the highest-ranked elementary and high schools in the state - the setting offers a unique balance of seclusion and connectivity. Just 5 minutes to downtown Lake Oswego, 15 to downtown Portland, and minutes from 658-acre Tryon Creek State Natural Area and its miles of hiking, biking, and equestrian trails. Buyer to verify all land use, zoning, and development possibilities with the City of Portland.

1911 S CAREY LN, Portland
$599,000
682249675 MLS
Rare Development Opportunity in the Heart of Inner NE Portland! Situated in the sought-after Sullivan’s Gulch neighborhood, this expansive 0.33-acre lot (zoned R2.5) offers exceptional potential for a cottage cluster or Middle Housing Land Division project. With flexible zoning and a prime urban location, this property is ideal for creative developers looking to capitalize on Portland’s evolving housing options. Buyer to perform all due diligence. Seller makes no representations or warranties.

2226 NE WEIDLER ST, Portland
$449,900
194506384 MLS
Great development opportunity in Portland’s Mill Park neighborhood! This large 0.7-acre vacant lot at 2056 SE 122nd Avenue is zoned RM1, allowing for up to 43 residential units—perfect for townhomes, condos, or apartments. It offers one of the best values per unit in the area. The location is convenient, with easy access to public transit, schools, shops, and restaurants, plus quick access to I-205. Whether you're a builder, investor, or developer, this property is a great chance to create housing in a growing part of the city.

2056 SE 122ND AVE, Portland
$349,000
226938687 MLS
Heart of Montavilla District. Fixer Zoned CM2 on Transit Line Allows for Variety of Uses. Buyer to do all Due Diligence. Alleyaccess to north property line. Short distance to Mt Tabor.

7605 SE WASHINGTON ST, Portland
$299,900
367884608 MLS
Zoned RM2 for medium dencity, cluster development or multifamily modular project. Engineering done for our project, maybe helpful for yours. Seller would consider a partnership with experienced developer/builder or subbordinate for your financing.(seller will subbordinate for your financing, call o rtext for terms) 3 additional, adjacent lots also available. All zoned RM2. No parking required! Seeing our plans may help your project. Call and ask for them.

1424 NE 33RD AVE Unit #1424, Portland
$375,000
147068577 MLS

308 SE 97TH AVE, Portland
$1,399,999
211107369 MLS
Prime Alberta Arts District Commercial Opportunity. Rare chance to acquire a large commercial property in one of Portland’s most vibrant corridors. The open-span shell features 20-foot ceilings and a 90' x 41' footprint, offering flexibility for a variety of uses. Potential highest and best use includes mixed-use development with residential units above retail, office, or food and beverage, including brewery or restaurant concepts. The corner lot provides 116 feet of frontage on Alberta Street, ensuring excellent visibility and strong foot traffic. CM2 zoning and limited nearby inventory further enhance the property’s long-term value in a submarket with consistently low retail vacancy and strong investor demand.

2812 NE ALBERTA ST, Portland
$500,000
567982344 MLS
Opportunity awaits. Fixer on THREE Potential FULL LOTS, Zoned R-10, with an existing desirable Craftsman style house in need of restoration. Tucked away on a generous .84 ACRE lot, this property is ready for its next chapter.For decades, this home was filled with memories and pride of ownership evident throughout its early years. While time and circumstance have taken their toll, the opportunity here is undeniable. The existing 3-bedroom, 2-bath home (with one non-conforming bedroom) offers the chance to restore its original Craftsman character and charm. With vision and care, this home could once again become a warm and welcoming primary residence full of personality and history. For builders and investors, the R10 zoning presents exciting development potential, with the possibility of adding up to two additional dwellings (buyer to perform all due diligence and verify with the city and county). Whether you’re looking to renovate and personalize, restore and resell, or explore development opportunities, this property offers flexibility and upside. Bring your imagination and your plans — this is a rare chance to reimagine a property with strong roots and promising potential.Buyer to perform due diligence and verify all zoning, development, and property information with the appropriate city and county authorities. Buyer to conduct all due diligence and independently verify all information to their satisfaction.

7801 SE 162ND AVE, Portland
$300,000
409298996 MLS
Heart of super lively and vibrant commercial area of St Johns! Located just off the main drag, this corner property is ripe to be developed into the next hot location. A food cart pod could serve as instant cash flow while planning a larger scale development. Directly adjacent to highly trafficked business, such as Mosaic Taphouse, Ace Hardware, McMenamins St Johns Pub, Grocery Outlet, Safeway, theatres, botiques, and more. CM2 zoning.

8028 N LOMBARD WAY, Portland
$295,000
106923893 MLS
A truly rare opportunity awaits in the highly coveted Forest Heights community. This exceptional .34-acre homesite invites you to create the custom home of your dreams, set among the natural beauty, privacy, and serenity that define this special Northwest Portland neighborhood. With its dramatic topography, expansive wooded surroundings, and elevated position, the property offers the potential for stunning panoramic views of the coastal range and glimpses of the city skyline, creating a remarkable backdrop for a one-of-a-kind residence. Whether your vision is modern and architectural or warm and timeless, this homesite offers the perfect setting to bring it to life. Ideally located, the lot also offers easy access to the very best of Forest Heights, including a walk to highly rated Forest Park Elementary, community turfed sports fields, scenic trails, Mill Pond, and the neighborhood amenities that make this community so desirable. Seller carry financing is available for up to three years with a balloon payment, offering added flexibility and opportunity. This is more than a homesite, it is a chance to create a lifestyle.

Portland
$150,000
234149470 MLS
Approved house plans included! Embrace the rare balance of privacy, nature, and city convenience in Portland’s coveted Portland Heights. Set on 0.26 acres within a lush, wooded setting, this city approved homesite offers a unique opportunity to bring your vision to life.Tucked away on a private access drive off Nottingham, the lot is ideally positioned between an existing residence and a newly constructed home providing both established character and modern context. Wake each day just moments from the scenic trails of Marquam Nature Park, panoramic views at Council Crest, and the serene beauty of Healy Heights.Enjoy seamless access to the best of Portland—including premier shopping, acclaimed dining, and vibrant nightlife while being just an 8 minute drive to downtown and Oregon Health & Science University.Included are city approved plans for a custom residence designed to harmonize with the surrounding Pacific Northwest landscape. Notably, a Type II land use approval has already been secured, allowing for a reduced east-side setback and increased building height adding valuable flexibility to your design.This is a rare opportunity to create a bespoke home in one of Portland’s most desirable neighborhoods, where natural beauty and urban access converge. Seller financing available.

3014 SW NOTTINGHAM DR, Portland
$2,700,000
586326525 MLS
Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.

11324 NE SANDY BLVD, Portland
$400,000
543935194 MLS
Four west-facing contiguous tax lots are zoned R5 each. A builder has done preliminary leg work. He has completed the geotechnical studies, storm water studies, preliminary design concept, and more. Please contact agent for more information. This is a great opportunity for a builder or investor to move forward with the project. Each lot can have two townhomes, so for all four lots, there is potential to have eight units! SUNSET VIEWS at the top are incredible.... perfect for town homes with rooftop patios! Buyer must get final building approval and permits from the city. Much of the leg work has already been done, making this process much less costly.

3226 NE CADET AVE, Portland
$299,900
327951485 MLS
“Rare buildable lot in the highly desirable King’s Heights neighborhood of NW Portland. Hillside lot with mature trees provides privacy and potential for stunning views. Convenient access via NW Skyline Blvd ? NW Imperial Ter ? NW Verde Vista Ter. Minutes to Forest Park, Wildwood Trail, NW 23rd shops, and downtown Portland—perfect canvas for your custom dream home. Utilities available at the street.”

NW VERDE VISTA TER, Portland
$170,000
191545701 MLS
Exceptional opportunity for developers and investors alike. This property is ideally positioned in a highly desirable neighborhood known for its convenience and strong amenities. With less than $36,000 remaining in permit fees, you’re close to breaking ground and bringing your vision to life. For qualified buyers, the seller offers a build-to-suit option featuring a thoughtfully designed home with an attached, already-approved ADU. The .06-acre lot offers impressive flexibility, supported by R2.5 zoning that allows for single-family homes, duplexes, triplexes, fourplexes, and ADUs. The true value is in the land, a blank canvas ready for your next project. Located in an area rated as “very walkable” and a “biker’s paradise,” future residents will enjoy easy access to schools, parks, dining, and shopping. Outdoor and lifestyle perks include nearby Eastmoreland Golf Course, while Reed College is just a quick 5-minute drive. Whether you're planning a dream home, townhome development, or a custom build, this is a rare chance to create something special in a prime location.

7462 SE 51ST AVE Unit #A, Portland
$475,000
350948041 MLS
An incredible opportunity to build your dream home or next investment project in one of Portland’s most vibrant close-in neighborhoods. Located in the heart of the Kerns district, this property has a 97 Walk Score and is a true biker’s paradise—just moments from dining, shopping, grocery stores, transit, music venues, and top-rated schools. The RM2 designation allows for a 3–4 story building. Seller has architectural plans by Aforma Design for a thoughtfully designed project featuring a 3-bedroom, 2-bath primary residence plus a 1-bedroom, 1-bath ADU—ready for submission to the City of Portland. See photo number 8. Plans available upon request. Buyer to perform due diligence with the City of Portland regarding development possibilities.

NE FLANDERS ST, Portland
$95,000
141582666 MLS
A rare opportunity to create an architecturally significant custom home in close-in Portland near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for thoughtful design that embraces privacy, topography, and the surrounding landscape.The property has a staging area, providing a meaningful advantage for construction access, materials, and overall site planning—an increasingly valuable attribute in this location.Prior conceptual plans envisioned a garage near the street with a bridge spanning the ravine to a residence on the opposite buildable area, illustrating the potential for a dramatic and highly functional design approach (buyer to verify feasibility).For those exploring a broader vision, the opportunity expands with two adjacent parcels (RMLS# 396419600 & 308963076), offering potential for assemblage into a larger, cohesive development or private compound.Opportunities with this level of flexibility and proximity to OHSU are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.All parcels are zoned R5 and carry a C,z (Constrained Site/Environmental Overlay), which supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative architectural solutions such as daylight basements, terraced construction, or homes that integrate seamlessly into the natural landscape. Utilities are nearby (buyer to verify), and public transit is within walking distance—making access to downtown Portland, OHSU, PSU, and the South Waterfront fast and convenient. The C,z overlay will require careful planning and coordination with the City of Portland for permitting and development, but the potential here is significant for those with vision and a desire to build within nature, just minutes from the urban center.

SW CONDOR AVE Unit #5900, Portland
$70,000
512086809 MLS
Seller is motivated and will review all offers. Don't miss this opportunity to own raw land. Developer or investor with a treed, gentle sloping land/lot with great opportunities. Location in the heart of St Johns is adjacent to the greenway trails. Don't wait No CC&R's and HOA-Zoned RM1. Utilities at road. Buyer due diligence.

6610 N OSWEGO AVE Unit #9/10, 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.