R2.5 Zoned Residential Development
For Sale
$694,900
7218 N JORDAN Ave, Portland, OR 97203
LAND - Portland, OR
Property SizeContact for details
Lot Size0.18 Acres
Days on Market57
Property Features for 7218 N JORDAN Ave
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning
R2.5
Subdivision
UNIVERSITY PARK
Elementary school
Astor
Middle school
Astor
High school
Roosevelt
Directions
N Lombard St, north on N Portsmouth Ave, west on N Fessenden St, north on N Jordan Ave to property.
Standard status
Active
APN
R271677
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
SMITHSON LAND COS ADD, BLOCK 5, LOT 28&29; SMITHSON LAND COS ADD, BLOCK 5, LOT 32
Tax Annual Amount
4121
Legal Description
SMITHSON LAND COS ADD, BLOCK 5, LOT 28&29; SMITHSON LAND COS ADD, BLOCK 5, LOT 32
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Darryl Bodle · License #199910100
(503) 709-4632
Added: Jun 10
Changed: Jul 20
Last Checked: Aug 5 at 4:06PM
MLS# 502854669
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 includes two separate parcels totaling approximately 0.18 acres, with demolition of existing improvements underway. The property is zoned R2.5 and is being presented as a residential infill development opportunity. Buyer should perform all due diligence to confirm redevelopment potential and permitted uses.
The site is located at 7218 N Jordan Ave in Portland, Oregon, and is described as being just moments from the University of Portland. The seller notes access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, along with amenities across the North Portland corridor.
Preliminary concepts referenced in the materials suggest the potential for six to eight cottage-style homes, with other development scenarios potentially available subject to buyer verification. Any development approach should be confirmed through buyer due diligence and applicable permitting requirements.
The site is located at 7218 N Jordan Ave in Portland, Oregon, and is described as being just moments from the University of Portland. The seller notes access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, along with amenities across the North Portland corridor.
Preliminary concepts referenced in the materials suggest the potential for six to eight cottage-style homes, with other development scenarios potentially available subject to buyer verification. Any development approach should be confirmed through buyer due diligence and applicable permitting requirements.
Key Highlights
- University Park infill development site with two separate parcels totaling ~0.18 acres
- Zoned R2.5 in desirable University Park
- Demolition of existing improvements is underway
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 97203, OR
33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
Median Home Value
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 - Two-parcel infill site with demolition underway, zoned R2.5 for permitted residential development in Portland.
Where is this residential land & home lot located?
The property is located at 7218 N JORDAN Ave Portland, OR.
What is the asking price?
The asking price for this property is $694,900.
What are key features of this property?
This property features: University Park infill development site with two separate parcels totaling ~0.18 acres; Zoned R2.5 in desirable University Park; Demolition of existing improvements is underway
