Just blocks from charming Multnomah Village, this ready-to-build vacant lot comes with approved plans from the City of Portland for a modern four-plex. All utilities are already on site, making it truly shovel-ready. Build as one income-generating property or take advantage of the flexible zoning to create individual condos and sell each unit separately. Don’t miss this rare chance to invest in one of Portland’s most desirable neighborhoods with built-in upside and community appeal!
Active
Price cut: $25K (9/24)
$525,000
8807 SW Capitol Hwy, Portland, OR 97219
--beds
0baths
8,276.4Square Feet
Unimproved Land, Multi Family
Built in ----
8,276.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ready-to-build vacant lot
- 183 days |
- 91 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 07:30pm
Listed by:
Steve Rosling 503-810-7691,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 495685340
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 80 x 129
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R304950
- Zoning: Resid
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $398,700
- Annual tax amount: $3,783
- Date on market: 6/12/2025
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,760/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Price change | $525,000-4.5% |
Source:  RMLS (OR) #495685340 Report a problem | ||
| 6/12/2025 | Listed for sale | $550,000+233.3% |
Source: RMLS (OR) #495685340 Report a problem | ||
| 9/3/2013 | Listing removed | $1,155 |
Source: Zillow Rental Network Report a problem | ||
| 8/18/2013 | Price change | $1,155-2.5% |
Source: Zillow Rental Network Report a problem | ||
| 8/5/2013 | Listed for rent | $1,185+1.7% |
Source: Zillow Rental Network Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,925 +3.7% | $145,790 +3% |
| 2024 | $3,784 +4% | $141,550 +3% |
| 2023 | $3,638 +2.2% | $137,430 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: Multnomah
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
