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    8807 SW Capitol Hwy Portland, OR 97219

    For Sale
    $525,000

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

    Lot size:
    0.19 Acres

    Property Features for 8807 SW Capitol Hwy

    General Information

    Standard status
    Active
    Lot size
    0.19 Acres

    Source: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY Agent STEVE ROSLING

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ready-to-Build Lot Near Multnomah

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.7195549
    Latitude
    45.4617273

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    FAQs

    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 Hwy Portland, OR.
    What is the asking price?
    The asking price for this property is $525,000.
    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.
    (503) 420-8650
    Request Owner's contact information
    8807 SW Capitol Hwy Portland, OR 97219
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    Portland, OR 97219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8807 SW Capitol Hwy Portland, OR 97219
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