1 year on rocket

0 SW Market Dr, Portland, OR, 97201

$495,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ViewCity, Seasonal View
MLS #23022496
StatusActive

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.

Property Details

Property Features

Listing Office:

  • Office Name: Knipe Realty ERA Powered
  • Office Phone: (503) 939-4241
  • Listing Agent: David Sobolik

Exterior Features

Exterior Information:

  • View: City, Seasonal View

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Trees

Other

Directions Information:

  • Directions: SW MARKET ST

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

0 SW Market Dr vs Portland

386 DAYS ON ROCKET

+332 Days

$495,000

-$47.3K Less

KEY TAKEAWAY

This property is $47.3K less than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23022496

Listing Office:

  • 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 © 2024 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: 12/22/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-918097
5
/10
  • Cherry Park Elementary School

  • 1930 SE 104th Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-918098
2
/10
  • Mill Park Elementary School

  • 1900 SE 117th Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-918099
2
/10
  • West Powellhurst Elementary School

  • 2921 SE 116th Ave

  • 0.93 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 SW Market Dr

What is the listing price of this property?

The listing price of 0 SW Market Dr property is $495,000.

What type of property is this?

The property 0 SW Market Dr is land located in Portland, Oregon, 97201.

Is this property for sale now?

Active Listing: 0 SW Market Dr is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesOregonMultnomah CountyPortland972010 SW Market Dr

This home is located at 0 SW Market Dr in Portland, OR and zip code 97201 in the East Portland neighborhood. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $495,000.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. The number of listings in Portland, OR decreased by 11.9% between October 2024 and November 2024. Listings spent 54 days on the market in November 2024, and had a median list price of $542,392 during the same period.

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

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