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Ready-to-Build Lot Near Multnomah
For Sale
$430,000
Pending

8807 SW CAPITOL, Portland, OR 97219

Vacant lot with approved four-plex plans in desirable Portland neighborhood.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market434

Property Features for 8807 SW CAPITOL

General Information

Standard status Pending
Lot size 0.19 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,784

Amenities

Public Road
Listing Agency: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY
Listed By: STEVE ROSLING · License #200012058
Source: Corcoran
Added: Jun 13, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:59AM

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 CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This vacant lot, situated just blocks from Multnomah Village, is ready for development. The property includes approved plans from the City of Portland for the construction of a modern four-plex. All utilities are already on site, facilitating immediate construction. The flexible zoning allows for the construction of a single income-generating property or the creation of individual condos for separate sale. This property presents an investment opportunity in a desirable Portland neighborhood.

Key Highlights

  • Approved plans for a modern four‑plex included.
  • Shovel‑ready with all utilities already on site.
  • Located blocks from charming Multnomah Village.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Pharmacy Parking Lot & Garage Plumbing Service Nail Salon (Bike/Boat/Book/etc) Store

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

1,104
Businesses Nearby

Demographics for 97219, OR

42,474
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,630
Density / Sq Mi
$115,525
Median Household Income
$59,178
Median Earnings
$1,603
Median Rent
$651,600
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?
Land - Vacant lot with approved four-plex plans in desirable Portland neighborhood.
Where is this land located?
The property is located at 8807 SW CAPITOL Portland, OR.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Approved plans for a modern four‑plex included.; Shovel‑ready with all utilities already on site.; Located blocks from charming Multnomah Village.
More about this property
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