1541 SW Market St

Portland, OR 97201

$495,000
Price
12,196 / 0.28
Lot Size / Acres
Get preapproved with Rocket Mortgage1

Description

Prime multifamily development opportunity in Goose Hollow, one of Portland's premier urban neighborhoods. Located adjacent to Downtown Portland and within close proximity to Portland State University, the Property benefits from excellent connectivity, walkability, and access to the region's largest employment, educational, and cultural amenities. Zoned RM30.28 acre / 12,000 sqftPrime multifamily development opportunity in Goose Hollow, one of Portland's premier urban neighborhoods. Located adjacent to Downtown Portland and within close proximity to Portland State University, the Property benefits from excellent connectivity, walkability, and access to the region's largest employment, educational, and cultural amenities. Zoned RM30.28 acre / 12,000 sqft
  1. Listed by Daniel Silvey • Knipe Realty ERA Powered • 503-201-8537

Property Details for 1541 Southwest Market Street

Zoning
RM3
LISTING UPDATED: 06/16/2026 12:12 AM

Property Details for 1541 Southwest Market Street

StatusActive
MLS #343496630
Days on Market4
Taxes$15,288 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.28 AC
CountyMultnomah County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Knipe Realty ERA Powered
Add your commute

Building Information for 1541 Southwest Market Street

Building Size-Lot Size0.28 AC

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,741 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,467

Property Taxes

$1,274

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1541 Southwest Market Street

Summary
Location and General Information
  • Country: US
  • Directions: SW Market Street between SW 14th Ave and SW 17th Ave. North side US 26
  • Road Surface: Paved
School Information
  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $15,288.08
  • Parcel Number: R246930
  • Parcel Number 2: R128221
  • Tax Legal Description: PORTLAND, BLOCK SW1/4X, INC PT VAC ST-W 45' OF LOT 5&6
Property
Lot Information
  • Acres: 0.28
  • Lot Size Square Feet: 12196.0
  • Lot Size Dimension: 120 x 100
  • Number Of Lots Total: 2
  • Land Description: Sloped
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Amenities
Amenities Information
  • Internet Service Type: Cable, Fiber Optics

Public Records for 1541 Southwest Market Street

Taxable ValueLand-Additions-Total-
Tax Record2025$15,288 ($1,274 / month)
Home Facts
Total Finished SqFt2,625 SqFtAbove Grade Finished SqFt2,625 SqFtStories1Lot Size8,500 SqFtStyleMedical BuildingsYear Built1964ZoningRHCountyMULTNOMAHAPN1S1E04AC 03100

Schools near 1541 Southwest Market Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Chapman Elementary School
Public - K to 5
West Sylvan Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Metropolitan Learning Center
Public - K to 12
Rating
School
Distance
Chapman Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Metropolitan Learning Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 1541 Southwest Market Street, Portland, OR 97201

1541 Southwest Market Street is a 0.28 ac of land for sale in Portland, OR 97201. This property was listed for sale on June 12, 2026 by Knipe Realty ERA Powered, it's currently listed at $495,000. This listing's school district is Portland School District 1j. Nearby schools include Chapman Elementary School, West Sylvan Middle School and Lincoln High School. 1541 Southwest Market Street is a 0-bed, 0-bath, 0.28 ac of land on a 12,196 sq. ft. / 0.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Knipe Realty ERA Powered

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/16/2026 12:12 AM