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    SE 118Th Ave Portland, OR 97266

    Sponsored
    For Sale
    $115,000

    LAND - Portland, OR

    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for SE 118Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5z
    APN
    R239864
    Lot size
    0.14 Acres

    Oregon First (503) 646-5006 [email protected]

    Listing agent Carrie Welch (503) 646-5006

    Listing date Jan 8, 2026

    MLS# 299420763 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lot in Portland, OR

    This is a buildable lot situated in a desirable neighborhood, conveniently located within walking distance of a neighborhood park. The property is zoned R5z, which allows for single-family houses, duplexes, triplexes, fourplexes, and accessory dwelling units (AUDs). The lot size is approximately 0.14 acres. The seller has established an easement to enhance access to the property. Prospective buyers are advised to independently verify all approved uses for the land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.541771
    Latitude
    45.485083

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    FAQs

    What type of property is this?
    Land - Buildable lot in a lovely neighborhood near neighborhood park.
    Where is this land located?
    The property is located at SE 118Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Buildable lot in a desirable neighborhood; - Short walk to a neighborhood park; - R5 zoning allows for single-family houses, duplexes, triplexes, fourplexes, and accessory dwelling units (ADUs)
    (503) 646-5006
    Request Owner's contact information
    SE 118Th Ave Portland, OR 97266
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    Portland, OR 97266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    SE 118Th Ave Portland, OR 97266
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