1335 NW 128th Ave Lot 1, Portland
$1,324,999
Save- Lot size
- 40,511 sqft
- Property type
- Land
- Days on market
- 27
Overview
A rare development opportunity in the heart of Terra Linda! Centrally located in Cedar Mill, this expansive R-5 property offers incredible potential in one of the area’s most established neighborhoods. Seller's recent survey illustrates the possibility of retaining the existing home, detached garage and pool while creating up to four additional homesites, offering a unique opportunity for a builder, developer or buyer looking to maximize the property’s potential. The property currently includes an existing residence, detached one-bedroom/one-bath ADU, detached garage, large shop, pool and gazebo. Washington County’s R-5 designation is intended for residential development and generally allows a density of four to five units per acre, with additional possibilities for qualifying middle housing development. Buyer to perform all due diligence regarding zoning, land division, density, utilities, access and development feasibility. Located in the heart of Terra Linda with easy access to parks, schools, coffee shops, restaurants and everything Cedar Mill has to offer. Opportunities for a property of this size and development potential in such an established Westside location are incredibly hard to find. Please do not walk the property without an appointment.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 40,511 sqft
- View
- No
Schools
- High school
- Sunset
- Middle school
- Tumwater
- Elementary school
- Terra Linda
Location
- City
- Portland
- County
- Washington
- Zoning
- R5
- Subdivision
- TERRA LINDA
Taxes and dues
- Annual taxes
- $10,016
Location
1335 NW 128th Ave Lot 1, Portland, OR 97229

Monthly payment estimate
$7,887 /mo
- Principal and interest
- $7,052
- Property tax
- $835
- Total
- $7,887
Estimate only, and not an offer of credit. Assumes 20% down ($265,000) 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.










