Search
Multifamily Development Land
For Sale
$495,000

1541 SW MARKET, Portland, OR 97201

For-sale development land zoned RM30, positioned for multifamily use near major downtown and educational areas.

Property SizeContact for details
Lot Size0.28 Acres
Days on Market69

Property Features for 1541 SW MARKET

General Information

Standard status Active
Lot size 0.28 Acres
Property subtype Land or Vacant Lot
Zoning RM3

Taxes and HOA fees

Annual Taxes $15,288
Listing Agency: KNIPE REALTY ERA POWERED
Listed By: DANIEL SILVEY · License #201209834
Source: Corcoran
Added: Jun 13 Changed: Aug 8 Last Checked: Jun 20 at 1:11PM

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 KNIPE REALTY ERA POWERED

Investment Insights

Based on property information with market context.

This for-sale land parcel presents a multifamily development opportunity, described as suitable for RM-zoned projects under RM30. The offering is positioned as a development site within Goose Hollow, with the public remarks highlighting its access to downtown and nearby employment and educational amenities.

The property is listed at 1541 SW Market in Portland, Oregon. The public remarks note adjacency to Downtown Portland and close proximity to Portland State University, supporting convenient connectivity for area residents and tenants.

The parcel is identified in the provided information as 30.28 acres (also noted as 12,000 sqft) and is zoned RM30 for multifamily development per the listing’s stated zoning designation.

Key Highlights

  • 12,000 SF multifamily development land in Goose Hollow, Portland
  • Zoned RM30
  • 30.28‑acre site positioned for multifamily use near Downtown Portland

Property Analytics

Current Use

MTI Inc University Noetic Design Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Butcher Buffet Veterinary Clinic Tanning Salon Supermarket (Bike/Boat/Book/etc) Store

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

5,788
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
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 - For-sale development land zoned RM30, positioned for multifamily use near major downtown and educational areas.
Where is this residential land & home lot located?
The property is located at 1541 SW MARKET Portland, OR.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 12,000 SF multifamily development land in Goose Hollow, Portland; Zoned RM30; 30.28‑acre site positioned for multifamily use near Downtown Portland
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message