Portland Land with Development
3226 NE CADET Ave, Portland, OR 97220
For Sale
$320,000
Land, Portland, OR
Property SizeContact for details
Lot Size0.75 Acres
Days on Market213
Property Features for 3226 NE CADET Ave
General Information
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Legal Description
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
Diana Harrell
(503) 890-2738
Added: Apr 10
Changed: Oct 25
Last Checked: Nov 8 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.
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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.
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Location Intelligence
Trade Area within ½ mile
374
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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
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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 $320,000.
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.
