Entitled Multifamily and Commercial
For Sale
$1,650,000
3952 N Williams Ave, Portland, OR 97227
5,000 SF infill parcel with entitlements for 29 units.
Property Size5,000 SF
Price / SF$330
Days on Market269
Property Features for 3952 N Williams Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Land
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR #200403266
Source:
Corfac
Added: Nov 25, 2025
Changed: Aug 21
Last Checked: Aug 21 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group
Investment Insights
Based on property information with market context.
This is an exceptional opportunity to develop a 5,000 SF infill parcel. The entitled project includes 29 multifamily units and 1 commercial space. The property is located along the thriving N Williams Corridor in the North Portland neighborhood of Boise, near downtown. Nearby transit includes TriMet bus lines. The zoning is CM3 - Commercial/Mixed-Use 3. The maximum FAR is 3:1 (up to 5:1 with Bonus), and the base height is 65’ (up to 75’ with Bonus). Tax exemptions are available via inclusionary housing. The project is surrounded by top-tier dining, boutique shopping, and notable employment opportunities, and is just 3 blocks from New Seasons Market.
Key Highlights
- Entitled project for 29 multifamily units and 1 commercial space on a 5,000 SF infill parcel.
- Located in the thriving N Williams Corridor in the Boise neighborhood of North Portland.
- Zoning CM3 allows for Commercial/Mixed‑Use 3.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 97227, OR
6,058
Population
3,835
Households
1.6
Avg Household Size
35
Median Age
60%
College-Educated
93%
High-School Grad
1.4 sq mi
ZIP Area
4,327
Density / Sq Mi
$79,161
Median Household Income
$56,098
Median Earnings
$1,609
Median Rent
$595,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5,000 SF infill parcel with entitlements for 29 units.
Where is this commercial land located?
The property is located at 3952 N Williams Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Entitled project for **29 multifamily units and 1 commercial space** on a 5,000 SF infill parcel.; Located in the thriving N Williams Corridor in the Boise neighborhood of North Portland.; Zoning CM3 allows for Commercial/Mixed‑Use 3.
