Vacant Corner Development
For Sale
$599,000
5528 SE RHONE, Portland, OR 97206
Vacant corner lot offers space for RM2-zoned redevelopment, with virtual renderings indicating examples of allowed development.
Property SizeContact for details
Lot Size0.19 Acres
Days on Market43
Property Features for 5528 SE RHONE
General Information
Standard status
Active
Lot size
0.19 Acres
Property subtype
Land or Vacant Lot
Zoning
RM2
Taxes and HOA fees
Annual Taxes
$6,581
Amenities
Corner Lot
Listing Agency:
WINDERMERE REALTY TRUST
(503) 294-1101
Listed By:
JOE KENNEDY
Source:
Corcoran
Added: Jul 9
Changed: Aug 8
Last Checked: Jul 11 at 4:56AM
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 WINDERMERE REALTY TRUST
Investment Insights
Based on property information with market context.
This vacant corner lot is available for sale in a close-in Foster-Powell area. The property includes 8,170 square feet of land (0.19 acres) and is being marketed with virtual renderings that represent examples of what is allowed in RM2 zoning. Buyers should complete their own due diligence regarding development feasibility.
The site is positioned for convenient access to nearby restaurants, shops, and public transit.
As a corner parcel, it may be well-suited for a variety of RM2 uses consistent with the provided examples, subject to buyer verification of all applicable requirements.
The site is positioned for convenient access to nearby restaurants, shops, and public transit.
As a corner parcel, it may be well-suited for a variety of RM2 uses consistent with the provided examples, subject to buyer verification of all applicable requirements.
Key Highlights
- Vacant corner lot in close‑in Foster‑Powell
- 8,170 SF (.19 acre) lot size
- RM2 zoning with virtual renderings showing examples of allowed development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant corner lot offers space for RM2-zoned redevelopment, with virtual renderings indicating examples of allowed development.
Where is this residential land & home lot located?
The property is located at 5528 SE RHONE Portland, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Vacant corner lot in close‑in Foster‑Powell; 8,170 SF (.19 acre) lot size; RM2 zoning with virtual renderings showing examples of allowed development
