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Portland Land with Development Potential
For Sale
$400,000

3226 NE CADET Ave, Portland, OR 97220

LAND - Portland, OR

Property SizeContact for details
Lot Size0.75 Acres
Days on Market118

Property Features for 3226 NE CADET Ave

General Information

Property type Land
Property subtype Other
Zoning R5
View City, Territorial
Elementary school Jason Lee
Middle school Roseway Heights
High school Leodis McDaniel
Directions NE Fremont to 92nd St - Hill Way to Cadet Ave, or Halsey North on NE 92nd to Cadet Ave
Subdivision _142
Standard status Active
APN R100495
Lot size 0.75 Acres

Taxes and HOA fees

Tax Description ACADEMY HTS, BLOCK 9, LOT 23&24, 25, 26, and 27 TL 18500
Tax Annual Amount 9066
Legal Description ACADEMY HTS, BLOCK 9, LOT 23&24, 25, 26, and 27 TL 18500
Listing Agency: Premiere Property Group, LLC
Listed By: Diana Harrell
Added: Apr 10 Changed: Aug 2 Last Checked: Aug 5 at 4:06PM
MLS# 543935194

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.

Investment Insights

Based on property information with market context.

This offering comprises four west-facing contiguous tax lots, each zoned R5. Preliminary work has been completed, including geotechnical and storm water studies, along with a preliminary design concept. The property presents a development opportunity for a builder or investor. The zoning allows for two townhomes per lot, offering the potential to construct eight units across the four lots. The elevated location provides sunset views, particularly suitable for townhomes with rooftop patios. The buyer is responsible for obtaining final building approval and permits from the city. The lot size is approximately 0.75 acres.

Key Highlights

  • Four contiguous R5‑zoned lots offer significant development potential.
  • Preliminary geotechnical and storm water studies are already completed.
  • Preliminary design concept available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Building Supply Skin Care Clinic

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

374
Businesses Nearby

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Four contiguous lots with development potential in Portland, Oregon.
Where is this land located?
The property is located at 3226 NE CADET Ave Portland, OR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four contiguous R5‑zoned lots offer significant development potential.; Preliminary geotechnical and storm water studies are already completed.; Preliminary design concept available.
More about this property
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