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SE Portland Development Opportunity
For Sale
$429,900

5308 SE 113TH, Portland, OR 97266

0.84-acre R7-zoned property in SE Portland for development.

Property SizeContact for details
Lot Size0.84 Acres
Days on Market188

Property Features for 5308 SE 113TH

General Information

Standard status Active
Lot size 0.84 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,414

Amenities

Cleared
Listing Agency: OPT
Listed By: NARIN LAY · License #201223579
Source: Corcoran
Added: Feb 13 Changed: Aug 8 Last Checked: Jul 15 at 9:02PM

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 OPT

Investment Insights

Based on property information with market context.

This 0.84-acre property presents an opportunity for investors and developers in Southeast Portland. Located at 5303 SE 113th Ave, the site is zoned R7 and comprises two tax lots, one totaling 0.62 acres and the other 0.22 acres. This configuration allows for flexible development strategies. The R7 zoning designation supports medium-density residential development, with potential for middle-housing options under Portland’s Residential Infill Project; however, buyers should independently verify this possibility. Public utilities are available, facilitating efficient development planning. This property offers a chance to acquire multiple tax lots within an established residential area characterized by strong demand and long-term growth potential.

Key Highlights

  • .84‑acre property with R7 zoning, ideal for medium‑density residential development.
  • Two tax lots (.62 acres and .22 acres) provide flexibility in development strategies.
  • Located in SE Portland, an established residential area with strong demand.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Parking Lot & Garage Nail Salon 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

435
Businesses Nearby

Demographics for 97266, OR

36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
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 - 0.84-acre R7-zoned property in SE Portland for development.
Where is this residential land & home lot located?
The property is located at 5308 SE 113TH Portland, OR.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: .84‑acre property with R7 zoning, ideal for medium‑density residential development.; Two tax lots (.62 acres and .22 acres) provide flexibility in development strategies.; Located in SE Portland, an established residential area with strong demand.
More about this property
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