3120 SE 119th Ave
Portland, OR 97266
Map
- – beds
- – baths
- – sqft
- 14,374 sqft lot
- – on site
Prime Infill Opportunity on Oversized Lot – 0.33 Acres! Builders and investors, take note! Rare flat as a board lot in Portland’s Powellhurst-Gilbert neighborhood, zoned for potential redevelopment (buyer to verify with the City). With 100 feet of frontage and 145' deep lot dimensions, this property is ideal for partitioning, building plexes, adding ADUs, or developing cottage cluster under Portland’s Residential Infill Project guidelines. R5 Zoning. The existing ranch home is in great shape with full basement offering rental income during planning. Basement conversion potential for a duplex or ADU. Utilities on site, level ground, and no immediate tree or slope constraints make this a straightforward development path. Keep the main house and subdivide off a flag lot and add a duplex while you convert basement to an ADU. Basement has full bath and kitchenette. Or demo the house and subdivide into 2 large lots ready for 4 plexes. Or demo and build up to 16 cottage cluster. Rentometer.com lists a 3-bed rental at $2208 monthly, 1 month for $1248. Endless options to make this project pencil. Strategically located near transit corridors, parks, and shopping with strong rental demand in the area. Don’t miss this chance to unlock the value of one of East Portland’s most flexible properties. Buyer to do all due diligence with the City of Portland. Do not walk the property without an appointment. Developer packet available.
Last checked:
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Last updated Jul 16, 2025
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MLS# 692531303 —
This property is listed in more than one place. See it here.
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:Powell. North on 119th Ave. On right. GPS friendly.
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Latitude:45.499405
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Longitude:-122.540543
The Property
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Parcel Number:R333859
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Property Type:Land
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Property Subtype:SingleFamilyResidence
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Land Description:Level
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# of Lots:1
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Lot Features:PublicRoad
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.33
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Lot Size SqFt:14374.0
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Lot Size Dimensions:100x145
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Zoning:R5
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Current Use:Residential
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View:false
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Soil Condition:Native
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Soil Type Classification:Native
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Existing Structures:true
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Property Attached:false
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Road Frontage:true
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Road Surface Type:Paved
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Perc Test Description:None
Listing Agent
- Contact info:
- Agent phone:
- (971) 325-2734
- Office phone:
- (503) 907-2280
Taxes
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Tax Year:2024
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Tax Legal Description:SECTION 10 1S 2E, TL 7200 0.33 ACRES
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Tax Annual Amount:5220.93
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,PublicWater500FeetPlus,Sewer500FeetPlus
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Internet Service Type:Cable
Schools
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Elementary School:Mill Park
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Middle Or Junior School:Ron Russell
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High School:David Douglas
Parking
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Attached Garage:false
Extra Units
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Other Structures:Residence
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/16/25
Jul 16, 2025
|
Listed / Active | RMLS | $495,000 |
