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Buildable Lot in Portland, OR

SE 118TH Ave, Portland, OR 97266

For Sale
$114,000

Land, Portland, OR

Property SizeContact for details
Lot Size0.14 Acres
Days on Market454

Property Features for SE 118TH Ave

General Information

Property type Land
Property subtype Other
Zoning R5z
Elementary school Earl Boyles
Middle school Ron Russell
High school David Douglas
Directions North on 118th from SE Harold St, flag lot behind 5210 SE 118th Ave
Subdivision _143
Standard status Active
APN R239864
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description PARTITION PLAT 1997-186, LOT 2
Tax Annual Amount 880
Legal Description PARTITION PLAT 1997-186, LOT 2
Listing Agency: Oregon First
Listed By: Carrie Welch · License #201011046
Added: Aug 12, 2025 Changed: Sep 15 Last Checked: Nov 8 at 4:06PM
MLS# 299420763

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.

Rey
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Investment Insights

Based on property information with market context.

This is a buildable lot situated in a desirable neighborhood, conveniently located within walking distance of a neighborhood park. The property is zoned R5z, which allows for single-family houses, duplexes, triplexes, fourplexes, and accessory dwelling units (AUDs). The lot size is approximately 0.14 acres. The seller has established an easement to enhance access to the property. Prospective buyers are advised to independently verify all approved uses for the land.

Key Highlights

  • Buildable lot in a desirable neighborhood
  • Short walk to a neighborhood park
  • R5 zoning allows for single‑family houses, duplexes, triplexes, fourplexes, and accessory dwelling units (ADUs)

Property Analytics

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Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Land in Portland, OR

$320 Jul
$428 Aug
$399 Sep
$410 Oct

Properties on Market for Land in Portland

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - Buildable lot in a lovely neighborhood near neighborhood park.
Where is this land located?
The property is located at SE 118TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Buildable lot in a desirable neighborhood; Short walk to a neighborhood park; R5 zoning allows for single‑family houses, duplexes, triplexes, fourplexes, and accessory dwelling units (ADUs)
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