Just a 2-minute walk to Hamilton Park and Bridlemile Elementary, this rare property in a beloved SW Portland neighborhood is ready for your vision. The existing home is livable and financeable with conventional lending—offering a unique path to secure buildable land without the typical cash-only hurdle. This lot .39 acre lot offers the chance to build your dream home on a quiet dead-end street, and features mature landscaping, including fruit trees and a striking Sequoia. According to the City Planning Department, you could build either a single home with up to 4,000 SF on the main floor and two detached ADUs, or two side-by-side attached luxury homes (sharing just one wall) with up to 2,000 SF on each main level. These images feature Villa M, a project in Dunthorpe designed in collaboration by Grummer and Metta Architecture. The project offers a glimpse of the refined, modern architecture that could be envisioned for this site. Repurpose existing utilities, reduce permitting costs, and bring your dream to life in one of Portland’s most sought-after neighborhoods.
Active
$595,000
4142 SW Hamilton St, Portland, OR 97221
--beds
0baths
0.39Acres
Unimproved Land, Single Family Residence
Built in ----
0.39 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare propertyBuildable landFruit treesMature landscapingStriking sequoiaQuiet dead-end street
- 54 days
- on Zillow |
- 244 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 05:43am
Listed by:
Kathleen O'Donnell 503-519-3400,
ODonnell Group Realty,
Caitlin Riley 971-533-3183,
ODonnell Group Realty
Source: RMLS (OR),MLS#: 235539480

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.39 Acres
- Features: Level, SqFt 15000 to 19999
Details
- Additional structures: Existing Structures, Garage
- Parcel number: R328686
- Zoning: R-7
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $688,090
- Annual tax amount: $11,356
- Date on market: 6/10/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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