6465 SW Capitol Hwy
Portland, OR 97239
- 3 beds
- 1 bath
- 3,206 sqft
- 14,810 sqft lot
- $168 per sqft
- 1922 build
- – on site
Exceptional Development Opportunity in the Heart of Hillsdale! This 7,405 sq ft lot is zoned RM1, offering a unique chance to create low-scale multi-unit housing in one of SW Portland’s most desirable neighborhoods. RM1 zoning allows for a variety of residential types—think townhomes, duplexes, triplexes, or a small apartment building—with preliminary concepts suggesting potential for 5–7+ units. Ideal for builders, developers, or anyone with a vision to contribute to Portland’s housing future in a walkable, transit-accessible location. The existing home is in above average condition and priced for land value—bring your plans and make the most of this flexible and well-located property close to shops, parks, and top-rated schools.
Last checked:
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Last updated Apr 9, 2025
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MLS# 791089483 —
The Building
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Year Built:1922
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New Construction:false
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Architectural Style:Bungalow
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Roof:Composition
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Stories:2
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Basement:FullBasement
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Exterior Description:Cedar, LapSiding, WoodSiding
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Building Area Description:PDXMAPS
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Building Area Total:3206.0
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Building Area Calculated:1988
Interior
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Interior Features:HardwoodFloors
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:1260
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Upper Level Area Total:728
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Lower Level Area Total:1218
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:On N Side of SW Capitol HWY
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Latitude:45.477744
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Longitude:-122.699867
The Property
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Parcel Number:R115801
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Size Range:SqFt10000to14999
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Lot Size Acres:0.34
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Lot Size SqFt:14810.0
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View:false
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (503) 730-8677
- Office phone:
- (503) 351-3568
Taxes
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Tax Year:2024
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Tax Legal Description:BERTHA, BLOCK 8, LOT 1&2 EXC PT IN HWY, LOT 15&16
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Tax Annual Amount:8952.29
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Gas
Schools
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Elementary School:Hayhurst
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Middle Or Junior School:Robert Gray
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High School:Ida B Wells
The Community
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Subdivision Name:HILLSDALE, MULTNOMAH
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:OffStreet
Monthly cost estimate
Asking price
$539,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,886
|
| Taxes | $746 |
| Insurance | $148 |
| Utilities | $221 See report |
| Total | $4,001/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/8/25
Apr 8, 2025
|
Listed / Active | RMLS | $539,000 | 126.5% (10.6% / YR) |
|
4/16/13
Apr 16, 2013
|
RMLS | $238,000 |
32% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $115k over asking price.
