Refine Search
Map
Sort by
$1,495,000
690037845 MLS
Multifamily Residential Development opportunity with RM1 Residential Multi-dwelling zoning. Types of developments include duplex, triplex, fourplex, rowhouses, courtyard housing or small apartment building. See Portland Zoning Jurisdiction for more details on RM1 Zoning. Property Development Profile available upon Request. Current use grandfathered in as commercial "Generic shop/Garage Use". Last tenant was a roofing company

11307 NE GLISAN ST, Portland
$99,900
593584567 MLS
** Heart of North Tabor ** Exceptional opportunity to own a 34 ft x 100 ft lot in the highly desirable North Tabor neighborhood. Zoned R2.5, this property offers excellent potential for residential development in one of Portland's most sought-after areas. Utilities including sewer, water, and electricity are available, making this lot ready for your vision. Buyer to do all due diligence. Enjoy a prime location by Mt. Tabor Park, NE Glisan St, and Rose City Golf Course. Whether you're a builder, investor, or future homeowner, this is a rare chance to secure a well-located property in an established neighborhood with outstanding amenities nearby.

NE 66TH PL, Portland
$275,000
649008593 MLS
Exceptional development opportunity in Portland’s established Parkrose Heights neighborhood. This 12,927 sq ft (0.30-acre) buildable vacant residential lot offers the flexibility to build a custom home or explore multifamily development potential of up to a fourplex, subject to City of Portland zoning, building, setback, and airport overlay requirements. Water and sewer are available at the street, helping streamline the permitting and construction process. Large buildable lots with this level of development potential are increasingly rare in NE Portland. Conveniently located near shopping, public transit, I-84, and Portland International Airport, this property is an outstanding opportunity for builders, investors, or homeowners ready to bring their vision to life.

2 NE KLICKITAT ST, Portland
$95,000
191042277 MLS
No HOA. Utilities are ready at the road for public utilities. Property is flat usable land perfect for a blank canvas. Zoning is multifamily RM1, with the best use being a duplex or townhouses. Buyer must conduct their own due diligence regarding the property's highest and best use. Seller has 16ft wide infill floor plan, and engineering plans are provided to the buyer if desired. Temporary power is already in place and ready for hookup. See private remarks for more info.

5947 NE 60TH AVE, Portland
$99,000
164093488 MLS

NE BROADWAY, Portland
$449,000
174735068 MLS
A fantastic location for development. Located in North Williams, RM2 zoning with bonus overlay, a dynamic and rapidly developing district with an eclectic culinary and drink scene, iconic bike infrastructure and local shops, cafes, wine bars and restaurants, yoga, spinning studios and galleries all making for a vibrant, highly walkable corridor. North Williams is also home to a New Seasons, Barre 3, banks, salons, barbers and aestheticians. Close proximity to Downtown, Mississippi, Alberta, Legacy Emanuel and Randall Children's Hospitals, and the Rose Garden Transit Hub.The RM2 zone is a medium scale multi-dwelling zone. This allows for a great opportunity to build a diverse range of multi-dwelling structures, fourplexes and row houses up to 45’ tall (generally 4 stories), 1.5: FAR (increasing 3:1 with bonus provisions), and no parking requirement. Portland is temporarily waiving System Development Fee’s for many projects making this a prime time to build. Buyer to do own due diligence on any development. SEE DOCUMENTS FOR LIST OF POSSIBLE PROGRAM ELIGIBILITY.

24 NE GOING ST, Portland
$649,900
155171719 MLS
Rare 10,000 SF (100'x100') development opportunity in Portland's Montavilla neighborhood. RM2-zoned site offering significant infill development potential in an area experiencing continued redevelopment and housing demand. Large, level parcel provides flexibility for a variety of residential development concepts, subject to buyer verification and City approval. Convenient location parks, schools, transit, shopping, restaurants, and major commuter routes. Existing home currently occupies the property; however, seller believes the highest and best use is redevelopment. Buyer to perform all due diligence regarding zoning, density, lot division, development potential, utility availability, system development charges, and intended use. Opportunities for large RM2 parcels in established East Portland neighborhoods are increasingly limited.

1324 NE 79TH AVE, Portland
$305,000
190218773 MLS
NE Portland corner lot with mature trees, just off of the Dekum triangle. Within striking distance of U of O's new Concordia campus. Level, R5 zoning. Next to Trimet bus lines for ease of transportation. Great opportunity for the stand alone dream home build.

NE DEKUM ST, Portland
$195,000
488489182 MLS
Vacant lot ready to build! Zoned R7.

2639 NE 122ND AVE, Portland
$499,999
684644048 MLS
DEVELOP, BUILD, HOLD, OR OCCUPY! Rare opportunity for builders, developers, investors, contractors, or buyers looking for long-term value. This unique property includes three adjoining tax lots totaling approximately 0.38 acres. The existing home sits on one lot, while the additional two parcels may offer future development potential. Buyer to complete all due diligence regarding buildability, development options, utilities, zoning, lot usage, and intended use.The existing home adds immediate value and flexibility. Live in it, rent it out, or use it while exploring future plans. The home features a spacious, light-filled floor plan with durable laminate flooring, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level creates flexible living options for multi-generational living, guest space, extended household needs, or possible rental income. Buyer to verify.The lower level includes a large family room, two generous bedrooms, a remodeled full bathroom, laundry area, and additional storage. A premium solar panel system will be paid off at closing with an acceptable offer, offering potential long-term energy savings. Kitchen appliances are included.Outside, the property offers rare space within city limits, with room for RV parking, equipment, storage, staging, gardening, or future development vision. Outdoor features include a firepit, unique stage platform, large outbuilding, and substantial open yard space.Convenient location just approximately 0.3 miles from Glenfair Elementary and minutes to shopping, dining, public transportation, and major commuter routes.Whether you are looking for your next development opportunity, a long-term hold, an income-producing property, or a home with multiple paths to value, this property offers flexibility that is hard to find. Bring your ideas and explore the possibilities!

110 NE 157TH AVE, 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
$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
$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
$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
$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
$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
$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
$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
$282,500
131816701 MLS
Rare opportunity to build on a large lot in convenient NE Portland location with R5 zoning and strong development potential. Ideal opportunity for builders, investors, or custom home construction. Convenient access to nearby amenities, freeways and more. Utilities available at the street. Developer packet and additional information available upon request. Buyer to perform due diligence regarding development potential, zoning, and permitted uses.

NE 122nd, Portland
$99,900
714268208 MLS
Builders here's a great opportunity to purchase a 0.14A daylight lot with permit ready plans. The approved plans are for a 4 bedroom plus media room/5th bedroom, 3.1 bath, 3,196sf house with two cantilevered decks and concrete foundation (NO stilts). Utilities are in the street. Buyer to verify all information in this listing.

2715 NE 92ND AVE, Portland
$4,500,000
508452690 MLS
This rare nine-lot assemblage presents a significant multifamily development opportunity in a highly desirable transit-oriented location. The combined parcels total approximately 100,190 square feet and are zoned RM3, allowing for substantial residential density and long-term upside potential. Under current zoning, the site supports development of approximately 100 market-rate units. By utilizing the 3:1 FAR base ratio and taking advantage of available density bonuses for affordable housing, the development potential increases dramatically to a higher number of units. Qualifying projects may also benefit from no minimum parking requirements, providing greater flexibility in site planning and improved project efficiency. The property is ideally situated with excellent access to light rail, multiple bus lines, parks, shopping, and restaurants. This strong connectivity enhances long-term rental demand and positions the site well for both market-rate and affordable housing development. In addition to its development potential, the property currently generates rental income, helping offset holding costs while development plans, entitlements, and permitting are pursued. This income component provides strategic flexibility during the planning phase. Opportunities of this scale, density, and transit accessibility are increasingly rare. This assemblage offers a compelling combination of current income, zoning flexibility, and substantial future development capacity in a growing corridor. Buyer to perform their own due diligence regarding development capacity, FAR bonuses, affordable housing incentives, and all zoning requirements.

E Burnside ST, Portland
$700,000
556474921 MLS
Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.

3620 NE M L KING BLVD, Portland
$599,000
277045500 MLS
Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited.

425 NE 146TH AVE, Portland
$600,000
448098199 MLS
Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.

240 NE M L KING BLVD, Portland
$699,900
211196979 MLS
3 lots totaling 1.34 acres. Per the city of Portland, 4-6 Multi-dwelling or 4plexes (20 units), or Cottage Cluster (3-16 detached units) can be built on the site. The three lots could be reconfigured so that separate cottage cluster developments could be placed on 2 parcels with a Replat. Could also be subdivided into 5-6 lots through a standard land division. Then, a cottage cluster development or fourplex could be placed on each subsequent lot. One lot has a house on it.

1830 NE 132ND AVE, Portland
$127,000
722005367 MLS
This gently sloped parcel offers 100 feet of street frontage and valuable CM2 mixed-use zoning, presenting a rare opportunity for flexible development. A public sewer line is available on-site, with all other utilities available at the street, streamlining project readiness. To the west, the property enjoys a permanent, park-like open space provided by the historic Columbia Pioneer Cemetery, ensuring enduring privacy. Zero-lot-line design allowances enable optimized site utilization and views across this open space. The location provides exceptional accessibility—just a five-minute walk to the Parkrose/Sumner Transit Station, with direct access to I-205 and the Sandy Boulevard commercial corridor. Cascade Station shopping and Portland International Airport (PDX) are both within a seven-minute drive. A current topographic and utility survey is included with the sale. City-approved concept plans for three single-family residences are available, and a previously approved site plan for three townhomes further broadens the development potential.

4855 NE 99th AVE, Portland
$599,000
314402229 MLS
Level 0.95 acre commercial lot with 211ft of road frontage. Previous land use as a hotel office now ready for new opportunity. Moderate Commercial (MC) Zoning allows affordable housing, daycare facilities, live-work, or schools. There is a potential limited use as a clinic, retail or multifamily. Could be a great location for storage units or RV storage too. Existing structure on lot of no value. Utilities water, power and sewer are available at the street.

18005 NE SANDY BLVD, Portland
$339,900
797323931 MLS
Development opportunity with CM2 zoning! Suggested uses include retail sales & services on street level with living above. Up to 4 stories allowed. This is lot 1 of 2 lots available on the corner of NE Cully & NE Mason with a total of 12,162sf for both lots. See MLS 299354823 for Lot 2. Sellers prefer to sell both lots together and open to terms.

4120 NE CULLY BLVD, Portland
$665,000
584209199 MLS
Development opportunity with CM2 zoning! Suggested uses include retail sales & services on main with living above. Up to 4 stories allowed. There are 2 lots available on the corner of NE Cully & NE Mason with a total of 12,162sf for both lots. See MLS 797323931 & 299354823. Sellers prefer to sell both lots together and open to terms. Lender available for bare land financing. Call for details.

NE Cully and NE Mason BLVD, 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.