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RM4 Multi-Dwelling Development Lot
For Sale
$599,900

5205 SE 18TH Ave, Portland, OR 97202

Land, Portland, OR

Property SizeContact for details
Lot Size0.23 Acres
Days on Market99

Property Features for 5205 SE 18TH Ave

General Information

Property type Land
Property subtype Other
Zoning RM4
Subdivision SELLWOOD - MORELAND
Elementary school Llewellyn
Middle school Sellwood
High school Cleveland
Directions From SE McLoughlin Blvd, head east on SE Holgate Blvd, north on SE 18th Ave to property.
Standard status Active
APN R181790
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description HOLGATE ADD, BLOCK 8, LOT 12&13
Tax Annual Amount 4381
Legal Description HOLGATE ADD, BLOCK 8, LOT 12&13
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: May 14 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# 462339850

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 is a for-sale development lot totaling about 0.23 acres with approximate 100-by-100 lot dimensions and approximately 100 feet of road frontage. The property is zoned RM4, a high-density multi-dwelling zone intended to support dense urban housing with a high percentage of building coverage, little to no front setback, and housing that is typically characterized by mid- to high-rise buildings, often around 4 to 7 stories, subject to City requirements. RM4 may support townhome or high density apartment concepts, subject to City of Portland review and all applicable requirements.

The lot is located in inner SE Portland near Sellwood-Moreland, Westmoreland, Brooklyn, and other SE Portland destinations, with proximity to parks, trails, and everyday services. The surrounding area includes Westmoreland Park, Sellwood Park, Oaks Bottom Wildlife Refuge, Sellwood Riverfront Park, and the Springwater Corridor. The listing notes nearby transit connections to downtown Portland, South Waterfront, PSU, Milwaukie, and the broader eastside.

For developers and builders, the combination of RM4 zoning characteristics and straightforward lot dimensions may support higher density housing planning, including concepts such as townhomes or apartments, subject to feasibility. The buyer is responsible for due diligence with the City of Portland and applicable utility providers regarding utilities, access, driveway approvals, setbacks, parking, permitted uses, lot configuration, separate buildability of lots, and overall development feasibility.

Key Highlights

  • Prime ~0.23 acre RM4 zoned lot for high‑density multi‑dwelling development.
  • Excellent location in Sellwood Moreland, close to downtown Portland and other popular SE destinations.
  • ~100 feet of road frontage on SE 18th, offering a clean urban infill opportunity.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Locksmith Catering Service Butcher Pet Grooming 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

815
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
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 - RM4 zoned 0.23-acre lot with roughly 100-foot road frontage for dense, multi-dwelling housing concepts subject to City review.
Where is this residential land & home lot located?
The property is located at 5205 SE 18TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Prime ~0.23 acre RM4 zoned lot for high‑density multi‑dwelling development.; Excellent location in Sellwood Moreland, close to downtown Portland and other popular SE destinations.; ~100 feet of road frontage on SE 18th, offering a clean urban infill opportunity.
More about this property
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