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Portland
$85,000
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- Lot size
- 13,504 sqft
- Property type
- Land
- Days on market
- 76
Overview
Premium A-grade development opportunity in one of Portland's most coveted close-in locations. Perched high above the city in the desirable Southwest Hills, this RM1-zoned parcel is an exceptional canvas for elevated design with the potential to capture sweeping city and river views. Just minutes from downtown Portland, Portland State University, OHSU, the South Park Blocks, performing arts venues, restaurants, parks, and countless urban amenities, the location speaks for itself. Whether your vision is modern condominiums, luxury townhomes, apartments, or a strategic land-bank investment, this property offers outstanding versatility in an irreplaceable setting. This is a rare opportunity for builders, developers, and investors to secure premium development land at an extraordinary value. Buyers to perform their own due diligence regarding zoning, development potential, utilities, and all permitted uses.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 13,504 sqft
- Lot features
- Trees
- View
- Yes
- View description
- Territorial, Trees / Woods
Schools
- High school
- Lincoln
- Middle school
- West Sylvan
- Elementary school
- Ainsworth
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM1
Taxes and dues
- Annual taxes
- $2,519 (2025)
Location
SW Montgomery Dr, Portland, OR 97201
Monthly payment estimate
$662 /mo
- Principal and interest
- $452
- Property tax (2025)
- $210
- Total
- $662
Estimate only, and not an offer of credit. Assumes 20% down ($17,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
