0 SW Market Dr Portland, OR 97201

$495,000
Land

Property details

About 0 SW Market Dr

Unlock the potential of elevated urban living with this rare opportunity to design and develop on 11,490 square feet of prime land, spread across three lots in a sought-after, city-proximate neighborhood. With breathtaking skyline views, access to top-tier schools, and effortless MAX transit connectivity, this property offers a unique canvas for crafting a family estate or a thoughtfully designed multi-family development.Zoned RM-1 with a design overlay, the possibilities are as expansive as the space itself. Picture a residential masterpiece: up to 4 dwellings or 2 units per lot, with no density cap and no parking restrictions to limit your vision. Maximize potential with 50% building coverage, elegant 10-foot front setbacks, and 5-foot side and rear parameters. Rise to the occasion—literally—with a 35-foot height allowance, creating an architectural statement against the city skyline.This property is more than land; it’s an invitation to innovate. Envision sleek modern townhomes, a collection of luxury residences, or a distinctive multi-family retreat where design meets functionality. With zoning flexibility and no parking constraints, your creativity can take center stage.Redefine urban living. Here, your vision becomes a reality—a legacy that integrates seamlessly into the surrounding community while capturing the essence of modern elegance and convenience.The potential is boundless. Don’t miss the chance to sculpt your vision into a city-centric masterpiece. Reach out today to explore this remarkable opportunity and transform these three lots into a statement of architectural excellence.

Highlights

Home typeMulti Family
StatusActive
MLS #23022496
ViewCity, Seasonal View

Summary

  • MLS Number: 23022496
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Knipe Realty ERA Powered
  • Office Phone: (503) 939-4241
  • Listing Agent: David Sobolik

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$495,000

0 SW Market Dr

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Price information

Property sales

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Tax history

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Nearby schools

5

Cherry Park Elementary School

Public District PK-5

0.1 mi

1930 SE 104th Ave

2

Mill Park Elementary School

Public District PK-5

0.8 mi

1900 SE 117th Ave

2

West Powellhurst Elementary School

Public District PK-5

0.9 mi

2921 SE 116th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $91,168. The most common annual income of people living in Portland, OR is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
43%
35k-100k
36%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
7%
Single, with Kids
34%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 0 SW Market Dr

This home is located at 0 SW Market Dr in Portland, OR and zip code 97216 in the East Portland neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 1, 2023 and is currently priced at $495,000.

In December 2024 more than 153 listings in Portland, OR were sold above the asking price. During the same period more than 181 listings were sold at asking price, while more than 299 were sold below. The inventory of homes for sale in Portland, OR between November and December 2024 decreased by 13.8%. In December 2024 median list price was $542,392 and the average listing age was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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