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Home + Sea Realty
1 Bed1 Bath687 sqft

4900 NE Killingsworth St, Portland

$300,000

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ActiveMLS®: 454532319Listing held by another brokerage, marked RMLS
Price per sqft
$436.68
Built in
1925
Property size
687 sqft
Lot size
8,712 sqft
Property type
Residential
Days on market
6

Overview

Rare Portland Corner Lot: Four-Townhome Project with Plans and Engineering DoneSkip months of design work. This 8,536 sq ft corner lot at NE Killingsworth St and NE 49th Ave comes with a fully designed four-unit townhome project that has already been submitted to the City of Portland. It's zoned RM2 (Residential Multi-Dwelling 2).**What's already done:**- Complete architectural plan set: site plans, floor plans, elevations, foundation, roof and cross sections- Structural engineering and calculations stamped by an Oregon-licensed P.E., covering framing, shear walls, hold-downs and foundation design- Building permit application submitted to the City of Portland, currently at the intake stage**The proposed townhomes:**- Four 3-story units of about 1,478 sq ft each (about 5,915 sq ft total)- 3 bedrooms and 3.5 baths per unit, including a top-floor primary suite with its own bath- Open main level with kitchen, dining and living room, plus a covered rear patio- Second-floor great room with a balcony- Tankless water heaters in every unit- Off-street parking, a driveway and landscaping shown on the site planThe existing 687 sq ft home is in rough condition and priced for its land and development value. That makes this a strong fit for builders, developers and investors who want a shorter path to construction.The location puts you near shopping, dining, transit and the amenities of an established NE Portland neighborhood.The complete plan set and engineering package convey with the sale. Buyer to perform their own due diligence on zoning, permitting, utilities, development feasibility and construction costs. The plans, permit status and unit count are subject to City of Portland review and approval.

Details

Interior

Cooling
No
Heating
No
Heating description
Other

Exterior and lot

Lot size
8,712 sqft
Lot features
Corner Lot, Level, Public Road
Architectural style
One Story
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Total parking
0

Schools

High school
Leodis McDaniel
Middle school
Beaumont
Elementary school
Rigler

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$3,207 (2025)

Location

4900 NE Killingsworth St, Portland, OR 97218

Map showing the location of 4900 NE Killingsworth St, Portland, OR 97218
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,864 /mo

20% · $60,000
7.00%
Principal and interest
$1,597
Property tax (2025)
$267
Total
$1,864

Estimate only, and not an offer of credit. Assumes 20% down ($60,000) 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.

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