0.38 Acres of Land for Sale in Portland, Oregon

DEVELOP, BUILD, OR HOLD—THE CHOICE IS YOURS.Exceptional opportunity for builders, developers, investors, and contractors. This unique offering includes three adjoining tax lots totaling approximately 0.38 acres (0.16, 0.13, and 0.09 acres; taxes include all three lots). The existing home sits on one lot, while the additional lots may offer future development potential, creating a rare opportunity to build on two of the three parcels while generating income or occupying the existing residence. Buyer to perform all due diligence and verify buildability, lot development potential, utility access, and intended use.The well-maintained home provides immediate value and flexibility. Live in the home, rent it out, or utilize it while pursuing development plans. Inside, abundant natural light fills the spacious floor plan, featuring durable laminate flooring throughout, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level adds versatility for multi-generational living, guest quarters, or potential rental income (buyer to verify).The lower level offers a large family room, two generous bedrooms, a remodeled bathroom, laundry area, and additional storage. Thoughtful updates include a premium solar panel system, which will be paid off at closing with a full-price offer, providing long-term energy savings. All kitchen appliances are included for a seamless transition.Outside, the expansive property offers ample room for equipment storage, RV parking, staging areas, or future planning. Enjoy existing amenities including a firepit, unique outdoor stage platform, large outbuilding, and substantial open space rarely found within city limits.Conveniently located just 0.3 miles from Glenfair Elementary and minutes from shopping, dining, and major commuter routes, this property combines current livability with future possibilities.Whether you're looking for your next development project, a long-term investment, or a property that allows you to l