6465 SW CAPITOL HWY new

Portland,OR 97239

$ 539000

3 Beds

1 Bath

3206 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,206 sqft

Price per Sqft $168

Subdivision Hillsdale, Multnomah

MLS Listing ID 791089483

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1922

Annual Tax Amount $8,952

Tax Year 2024

Lot Size 0.340 Acres

Property Sub-Type Single Family Residence

Property Description

Exceptional Development Opportunity in the Heart of Hillsdale! This 7,405 sq ft lot is zoned RM1, offering a unique chance to create low-scale multi-unit housing in one of SW Portland's most desirable neighborhoods. RM1 zoning allows for a variety of residential types—think townhomes, duplexes, triplexes, or a small apartment building—with preliminary concepts suggesting potential for 5–7+ units. Ideal for builders, developers, or anyone with a vision to contribute to Portland's housing future in a walkable, transit-accessible location. The existing home is in above average condition and priced for land value—bring your plans and make the most of this flexible and well-located property close to shops, parks, and top-rated schools.

Location

State OR

County Multnomah

Area _148

Rooms

Basement Full Basement

Interior

Interior Features Hardwood Floors

Heating Forced Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Exterior

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Hayhurst

Middle Schools Robert Gray

High Schools Ida B Wells

Others

Senior Community No

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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