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Lafayette Multi-Family Development Opportunity
For Sale
$699,000

215 W 5TH ST, Lafayette, OR 97127

Development property with engineered plans for multi-family projects.

Property SizeContact for details
Days on Market289

Property Features for 215 W 5TH ST

General Information

Standard status Active
Property subtype Land
Listing Agency: Norris & Stevens Investment Real Estate Services
Listed By: David Keys
Source: Eliterealtyprofessionals
Added: Nov 24, 2025 Changed: Sep 8 Last Checked: Sep 7 at 10:36AM

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 Norris & Stevens Investment Real Estate Services

Investment Insights

Based on property information with market context.

This 6.36-acre multi-family development property is located inside the city limits of Lafayette. The property features mature trees and is situated near a creek. It is located less than 0.5 miles from Lafayette City Hall and offers convenient access to Hwy 99 W. Approximately half of the acreage is developable. The seller has engineered plans available for 30 and 51-unit projects. The existing residential dwelling on the property is considered to have no value.

Key Highlights

  • Development opportunity within Lafayette city limits.
  • Two engineered plans available for 30 or 51‑unit projects.
  • Convenient location: less than .5 miles to Lafayette City Hall.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Parking Lot & Garage HVAC Service

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

154
Businesses Nearby

Demographics for 97127, OR

4,432
Population
1,432
Households
3.1
Avg Household Size
34
Median Age
16%
College-Educated
88%
High-School Grad
0.9 sq mi
ZIP Area
4,924
Density / Sq Mi
$96,419
Median Household Income
$39,468
Median Earnings
$1,144
Median Rent
$383,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Development property with engineered plans for multi-family projects.
Where is this land located?
The property is located at 215 W 5TH ST Lafayette, OR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Development opportunity within Lafayette city limits.; Two engineered plans available for 30 or 51‑unit projects.; Convenient location: less than .5 miles to Lafayette City Hall.
More about this property
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