Damonian Pike

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Listing provided courtesy of ECOPRO Realty Group- MLS# 306583753MLS ProviderContact Information: 503-330-2956

SE 87TH AVEPortland, OR 97266

Vacant Land · 0.29 Acres
$480,000 Active

SE 87TH AVE Overview

Time on Site:
251 days
Visits:
8

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.

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SE 87TH AVE Facts & Features

  • Type Vacant Land
  • Lot 0.29 Acres

Details

General

School Information

  • Elementary School: Harrison Park
  • Middle Or Junior School: Harrison Park
  • High School: Leodis McDaniel

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Tax Information

  • Tax Annual Amount: 1584.38
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: R239383
  • Property Sub Type: Multi Family
  • Property Type: Land
  • Zoning: RM1

Interior

Exterior

Lot Information

  • Lot Features: Flag Lot
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12632.0
  • Road Surface Type: Paved

General Information

  • Other Structures: None
  • Utilities: See Remarks

SE 87TH AVE Neighborhood

Community

97266 (Portland) Demographics

37
Median Age
6,074
Population Density (per sq. mile)
34%
College Educated
$59,062
Estimated Median Income
7,421
Estimated Total Home Owners
6,018
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

SE 87TH AVE Market Data

Based on the last 30 days in this zip code

$442,581
Average List Price
$273
Average Price per Square Foot
21
Properties Sold
93
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

SE 87TH AVE History

Date Event Value Agent
10/21/2025Source: Regional MLS Added to Database
October 21, 2025