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Home + Sea Realty
5,227 Sq.Ft. Lot

Levy Code 001, Portland

$49,900

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ActiveMLS®: 506578741Listing held by another brokerage, marked RMLS
Lot size
5,227 sqft
Property type
Land

Overview

An exceptional opportunity to explore the possibilities of a vacant, level lot on SW 45th Drive, just north of SW Brugger Street. Encompassing approximately 5,000 square feet, this parcel offers a desirable canvas for those looking to create a thoughtfully designed home or pursue a residential investment opportunity. According to the City of Portland, the property is zoned R7pz. Its level topography offers an appealing starting point for envisioning future development in an established residential setting. Whether you're considering building a custom home or exploring the potential of the property as a long-term investment, this is an opportunity worth investigating. Buyers are encouraged to conduct their own due diligence and verify zoning, development standards, permitted uses, utilities, and the feasibility of construction directly with the City of Portland. Buyer to independently confirm all building and development possibilities.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5,227 sqft
View
Yes
View description
Creek / Stream

Schools

High school
Ida B Wells
Middle school
Jackson
Elementary school
Capitol Hill

Location

City
Portland
County
Multnomah
Zoning
R7

Taxes and dues

Annual taxes
$860 (2025)

Location

Levy Code 001, Portland, OR 97219

Map showing the location of Levy Code 001, Portland, OR 97219
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Monthly payment estimate

$337 /mo

20% · $9,980
7.00%
Principal and interest
$266
Property tax (2025)
$72
Total
$337

Estimate only, and not an offer of credit. Assumes 20% down ($9,980) 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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