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Multi-Family Zoned Buildable Site
For Sale
$860,000

12030 SE RHONE, Portland, OR 97266

Multi-family zoned land with existing home and development potential.

Property SizeContact for details
Lot Size0.92 Acres
Days on Market251

Property Features for 12030 SE RHONE

General Information

Standard status Active
Lot size 0.92 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $6,438
Listing Agency: RE/MAX ADVANTAGE GROUP
Listed By: BILL BAILEY
Source: Corcoran
Added: Dec 12, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:08AM

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 RE/MAX ADVANTAGE GROUP

Investment Insights

Based on property information with market context.

This property is zoned for multi-family use (RM2) and is located next to Tri-met bus lines, retail establishments, and grocery stores. The site is generally flat and suitable for building. Currently, the property includes a home and a detached garage, both of which are occupied by renters. The entire property is fenced and features fir trees. Utilities are connected to the home, with main connections available at the street. The location offers developmental possibilities.

Key Highlights

  • Prime location zoned for Multi‑Family (RM2)
  • Next to Tri‑met Bus lines, retail, and grocery stores
  • Very flat, buildable site

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 97266, OR

36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family zoned land with existing home and development potential.
Where is this residential land & home lot located?
The property is located at 12030 SE RHONE Portland, OR.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Prime location zoned for Multi‑Family (RM2); Next to Tri‑met Bus lines, retail, and grocery stores; Very flat, buildable site
More about this property
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