A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 308963076 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.
Active
$150,000
SW Condor Ave, Portland, OR 97239
--beds
0baths
9,583.2Square Feet
Unimproved Land, Single Family Residence
Built in ----
9,583.2 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural ravine settingAdditional buildable area beyondSurrounding mature treesStreet frontage
- 260 days |
- 59 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Peter Clark 503-314-3404,
Keller Williams Realty Portland Premiere,
Alexander Clark 503-810-3295,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 396419600
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: City, Territorial, Trees/Woods
Lot
- Size: 9,583.2 Square Feet
- Dimensions: 84 x 131 x 84 x 108
- Features: Corner Lot, Trees, Steep Slope, SqFt 7000 to 9999
Details
- Parcel number: R327875
- Zoning: R5 Cz
Utilities & green energy
- Utilities for property: Cable Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $237,000
- Annual tax amount: $1,645
- Date on market: 7/31/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Price change | $150,000-45.5% |
Source: | ||
| 7/31/2025 | Listed for sale | $275,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,707 +3.7% | $63,400 +3% |
| 2024 | $1,646 +4% | $61,560 +3% |
| 2023 | $1,582 +2.2% | $59,770 +3% |
| 2022 | $1,548 +1.7% | $58,030 +3% |
| 2021 | $1,522 +9% | $56,340 +3% |
| 2020 | $1,396 +3.8% | $54,700 +3% |
| 2019 | $1,345 | $53,110 +3% |
| 2018 | $1,345 +3% | $51,570 +3% |
| 2017 | $1,305 +14% | $50,070 +3% |
| 2016 | $1,145 | $48,620 +3% |
| 2015 | $1,145 +2.7% | $47,210 +3% |
| 2014 | $1,115 +3.9% | $45,840 +3% |
| 2013 | $1,073 +10.5% | $44,510 +3% |
| 2012 | $971 +3.9% | $43,220 +3% |
| 2011 | $934 +5.5% | $41,970 +3% |
| 2010 | $885 +2.7% | $40,750 +3% |
| 2009 | $862 +5.9% | $39,570 +3% |
| 2008 | $814 +0.2% | $38,420 +3% |
| 2007 | $812 +11.3% | $37,310 +3% |
| 2006 | $730 +4.7% | $36,230 +3% |
| 2005 | $697 -6.3% | $35,180 +3% |
| 2004 | $744 +4.5% | $34,160 +3% |
| 2003 | $712 +4.2% | $33,170 +3% |
| 2002 | $683 +8.7% | $32,210 +6.1% |
| 2000 | $629 | $30,370 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Homestead
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 1.4 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97239
- Homestead
- SW Condor Ave





