- 4 beds
- 2 baths
- 1,987 sqft
- 8,712 sqft lot
- $402 per sqft
- 1910 build
- – on site
Come take a look at this exciting development opportunity in Arbor Lodge. This unique property is zoned RM2 and offers great possibility in a rapidly growing area of the city. The preliminary concept suggests space for a 3 to 4 story multi-dwelling structure: Apartments, fourplexes, rowhouses, etc. This corner lot boasts excellent access on three sides boosting development potential and access for future residents. Its prime location gives you convenient access to the Max line, public transportation, and I-5 for commuters. You'll also find it's within walking distance of popular restaurants, parks, and local attractions - like the Adidas campus, the Overlook Bluff & University of Portland . The current house on site allows you to rent the property while you finalize your development plans. However, the real value lies in the land and its significant development potential. As with any development project, we encourage buyers to verify all information and complete their own due diligence to confirm feasibility.
Last checked:
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Checking…
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Last updated May 23, 2025
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MLS# 119183569 —
The Building
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Year Built:1910
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New Construction:false
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Architectural Style:Bungalow
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Roof:Composition
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Stories:2
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Basement:Unfinished
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Foundation Details:ConcretePerimeter
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Exterior Description:WoodSiding
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Exterior Features:Fenced, Yard
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Window Features:WoodFrames
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Security Features:None
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Building Area Description:County
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Building Area Total:1987.0
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Building Area Calculated:1018
Interior
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Interior Features:HardwoodFloors
Room Dimensions
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Main Level Area Total:1018
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Lower Level Area Total:969
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:I-5 North to Exit 304 (Rosa Parks Way) - Turn Left onto Rosa Parks Way - Home on the Left
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Latitude:45.569731
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Longitude:-122.688982
The Property
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Parcel Number:R233802
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:CornerLot
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Lot Size Range:SqFt7000to9999
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Lot Size Acres:0.2
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Lot Size SqFt:8712.0
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Zoning:RM2
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 388-4837
- Office phone:
- (503) 847-2722
Taxes
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Tax Year:2024
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Tax Legal Description:PARK ADD TO ALBINA, BLOCK 10, LOT 10, LOT 11 EXC PT IN ST
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Tax Annual Amount:3652.12
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:1.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:1
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Full Baths Lower Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity
Appliances
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Appliances:FreeStandingRange, Tile
Schools
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Elementary School:Chief Joseph
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Middle Or Junior School:Ockley Green
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High School:Jefferson
The Community
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Subdivision Name:ARBOR LODGE
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Driveway
Monthly cost estimate

Asking price
$799,999
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,283
|
Taxes | $304 |
Insurance | $219 |
Utilities | $193 See report |
Total | $4,999/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | RMLS | $799,999 | |
4/1/24
Apr 1, 2024
|
Listed / Active | RMLS | ||
4/1/24
Apr 1, 2024
|
Listed / Active | RMLS |

43% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $40k above asking price on average, but some went as high as $160k over asking price.