SE 87th Ave

Portland, OR 97266

$480,000
Price
12,632 / 0.29
Lot Size / Acres
a view of yard with outdoor seating
a view of yard with wooden fence
a view of outdoor space and yard
a backyard of a house with lots of green space
a view of a backyard with a garden
a view of backyard with green space
a view of a backyard of the house
a backyard of a house with lots of green space
a view of a yard with a tree
a view of a backyard of the house
a view of a backyard
a view of house with a yard
a view of yard with green space
a street view
a view of a yard with plants and tree
a view of a yard with wooden fence

Description

Excellent development opportunity! Great 0.28 Acres Lot in a good residential area - with great build potential! Zoned RM1: Multi-Dwelling Residential 1; Lower Density Multi-Dwelling Zone; Can build Townhomes, Apartments, Condos, perhaps some detached structures - what ever can be fit inside the building envelope. Recent Survey done and boundaries marked for Developers. Residential area, so sewer, water, gas, and electric should be available for builders, but buyers should do their own due diligence...Excellent development opportunity! Great 0.28 Acres Lot in a good residential area - with great build potential! Zoned RM1: Multi-Dwelling Residential 1; Lower Density Multi-Dwelling Zone; Can build Townhomes, Apartments, Condos, perhaps some detached structures - what ever can be fit inside the building envelope. Recent Survey done and boundaries marked for Developers. Residential area, so sewer, water, gas, and electric should be available for builders, but buyers should do their own due diligence regarding building parameters, available utilities, and improvements that can be made. Fence & Gate in front of property.
  1. Listed by Todd Gang • ECOPRO Realty Group • 503-330-2956

Property Details for Southeast 87th Avenue

Zoning
RM1
LISTING UPDATED: 10/24/2025 01:17 PM

Property Details for Southeast 87th Avenue

StatusActive
MLS #306583753
Days on Market68
Taxes$1,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.29 AC
CountyMultnomah County

Location

Listing Courtesy of ECOPRO Realty Group
Add your commute

Building Information for Southeast 87th Avenue

Building Size-Lot Size0.29 AC

Payment Calculator

$2,504 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,372

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Southeast 87th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE 87th AVE. BETWEEN POWELL & BROOKLIN.
  • Road Surface: Paved
School Information
  • Elementary School: Harrison Park
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $1,584.38
  • Parcel Number: R239383
  • Tax Legal Description: PARTITION PLAT 1996-185, LOT 2
Property
Lot Information
  • Acres: 0.29
  • Lot Description: Flag Lot
  • Lot Size Square Feet: 12632.0
  • Land Description: Gentle Sloping, Level
  • 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: See Remarks
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
  • Existing Structures Description: None

Schools near Southeast 87th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Harrison Park School
Public - K to 8
Leodis V. McDaniel High School
Public - 9 to 12
Pauling Academy of Integrated Sciences
Public - 9 to 12
Renaissance Arts Academy
Public - 9 to 12
Rating
School
Distance
Harrison Park School
PublicK to 8

Leodis V. McDaniel High School
Public9 to 12

Pauling Academy of Integrated Sciences
Public9 to 12

Renaissance Arts Academy
Public9 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

Similar Sold Homes

Explore Nearby Homes

More information about Southeast 87th Avenue, Portland, OR 97266

Southeast 87th Avenue is a 0.29 ac of land for sale in Portland, OR 97266. This property was listed for sale on October 21, 2025 by ECOPRO Realty Group, it's currently listed at $480,000. This listing's school district is Portland School District 1j. Nearby schools include Harrison Park School, Leodis V. McDaniel High School and Pauling Academy of Integrated Sciences. Southeast 87th Avenue is a 0-bed, 0-bath, 0.29 ac of land on a 12,632 sq. ft. / 0.29 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ECOPRO Realty Group

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 © 2025 RMLS, Portland, Oregon. Last updated: 10/24/2025 01:17 PM