0 SW Market Dr
Portland, OR 97201
- – beds
- – baths
- – sqft
- – on site
Unlock the potential of elevated urban living with this rare opportunity to design and develop on 11,490 square feet of prime land, spread across three lots in a sought-after, city-proximate neighborhood. With breathtaking skyline views, access to top-tier schools, and effortless MAX transit connectivity, this property offers a unique canvas for crafting a family estate or a thoughtfully designed multi-family development.Zoned RM-1 with a design overlay, the possibilities are as expansive as the space itself. Picture a residential masterpiece: up to 4 dwellings or 2 units per lot, with no density cap and no parking restrictions to limit your vision. Maximize potential with 50% building coverage, elegant 10-foot front setbacks, and 5-foot side and rear parameters. Rise to the occasion—literally—with a 35-foot height allowance, creating an architectural statement against the city skyline.This property is more than land; it’s an invitation to innovate. Envision sleek modern townhomes, a collection of luxury residences, or a distinctive multi-family retreat where design meets functionality. With zoning flexibility and no parking constraints, your creativity can take center stage.Redefine urban living. Here, your vision becomes a reality—a legacy that integrates seamlessly into the surrounding community while capturing the essence of modern elegance and convenience.The potential is boundless. Don’t miss the chance to sculpt your vision into a city-centric masterpiece. Reach out today to explore this remarkable opportunity and transform these three lots into a statement of architectural excellence.
Last checked:
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Last updated Mar 28, 2025
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MLS# 23022496 —
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:SW MARKET ST
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Latitude:45.513356
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Longitude:-122.682392
The Property
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Parcel Number:R213488
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Property Type:Land
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Property Subtype:MultiFamily
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Land Description:Sloped
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Lot Features:Trees
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Lot Size Range:SqFt10000to14999
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Zoning:RM1d
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Current Use:MultiFamily
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View:true
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View Description:City, Seasonal
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (503) 939-4241
- Office phone:
- (503) 445-7660
Taxes
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Tax Legal Description:MARKET DR ADD, BLOCK 2 TL 12300
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Tax Annual Amount:1111.0
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:CableAvailable,ElectricityAvailable,PublicSewer,WaterAvailable
Schools
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Elementary School:Chapman
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Middle Or Junior School:West Sylvan
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High School:Lincoln
Parking
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Attached Garage:false
Extra Units
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Other Structures:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/8/24
Mar 8, 2024
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Price Changed | RMLS | $495,000 | -17.5% |
12/1/23
Dec 1, 2023
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Listed / Active | RMLS | $599,900 |