Portland Land for Multi-Dwelling
For Sale
Contact for pricing
11341-11411 SE Division Street, Portland, OR 97266
Two tax lots zoned RM2 for multi-dwelling development.
Property SizeContact for details
Days on Market1070
Property Features for 11341-11411 SE Division Street
General Information
Standard status
Active
Property subtype
Land
Zoning
RM2
Building Details
Stories
4
Listing Agency:
Macadam Forbes
(971) 201-8738
Listed By:
Tyler Collins · License #OR
Source:
Crexi
Added: Sep 16, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:25AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
Two tax lots are zoned RM2, a medium-scale multi-dwelling zone applied in and around centers and corridors. This zoning supports housing characterized by 3-4 story buildings with an urban scale, providing transitions in scale and characteristics to lower-scale residential zones. New development types can include a diverse range of multi-dwelling structures, fourplexes, and rowhouses. The property is located in the Mill Park neighborhood in outer Southeast Portland, a primarily residential area with supporting commercial and retail services. Mill Park is known for its parks and green spaces, offering residents a quiet and welcoming neighborhood with a balance of suburban and urban living.
Key Highlights
- Zoned RM2: Allows for medium‑scale multi‑dwelling development.
- Development Potential: Suitable for diverse multi‑dwelling structures, fourplexes, and rowhouses.
- Two Tax Lots: Provides increased development flexibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two tax lots zoned RM2 for multi-dwelling development.
Where is this residential land & home lot located?
The property is located at 11341-11411 SE Division Street Portland, OR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Zoned RM2: Allows for medium‑scale multi‑dwelling development.; Development Potential: Suitable for diverse multi‑dwelling structures, fourplexes, and rowhouses.; Two Tax Lots: Provides increased development flexibility.
