Prime multifamily development opportunity in Goose Hollow, one of Portland's premier urban neighborhoods. Located adjacent to Downtown Portland and within close proximity to Portland State University, the Property benefits from excellent connectivity, walkability, and access to the region's largest employment, educational, and cultural amenities.Zoned RM30.28 acre / 12,000 sqft
Vacant landProperty Type
0.28 acresLot Size
$1,071,429Price/Acres
Listed by Daniel Silvey• Knipe Realty ERA Powered
Contact: 503-201-8537
Bought with Patricia Curtin• John L. Scott Real Estate Grants Pass
12,000 square foot lot. Less than 1,000 square feet from transit. Some income being produce with 3,361 square foot building onsite with one tenant on a month to month lease. FAR bonus potential. Offers being accepted until February 16, 2018.
Public Records
Nov 10, 1994
Sold
$215,000
Year
Property tax
Land + Additions
Assessment*
2012
$1,916 (+3.9%)
2011
$1,844 (+5.5%)
2010
$1,748 (+2.7%)
2009
$1,701
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,500 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Multnomah County
APN
R128221
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
RM3
D
Residential Multi-Dwelling 3 Zone
The RM3 zone is a medium to high density multi-dwelling zone applied near the Central City, and in centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended for compact, urban development with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets. This zone is intended for areas where the established residential character includes landscaped front setbacks. Allowed housing is characterized by mid-rise buildings up to six stories tall. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Feb 9, 2026 • Active
Commercial building
Demolition
Aug 4, 2021 • Final
Early assistance
Grading
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Exterior Features
Existing Structures YN: Yes
Lot Information
Number Of Lots: 2
Land Description: Sloped
Lot Size Square Feet: 12,196
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size Dimensions: 120 x 100
Lot Size Acres: 0.28
Lot Size: 10,000 to 14,999 SqFt
Parcel Number: R246930
Parcel Number 2: R128221
Road Surface Type: Paved
Property Information
Property Type: Land
Property Sub Type: Multi Family
Property Attached YN: No
View YN: No
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: PORTLAND, BLOCK SW1/4X, INC PT VAC ST-W 45' OF LOT 5&6
Tax Annual Amount: $15,288.08
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Internet Service Type: Cable, Fiber Optics
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: Chapman
Middle Or Junior School: West Sylvan
High School: Lincoln
Location Information
Directions: SW Market Street between SW 14th Ave and SW 17th Ave. North side US 26
Unparsed Address: 1541 SW MARKET ST, Portland, OR 97201
Community Information
Zoning: RM3
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3,500 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R128221
Home facts updated by county records on Apr 11, 2023
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Chapman Elementary School
Public K-5 • Assigned • 1.4mi
5/10
West Sylvan Middle School
Public 6-8 • Assigned • 3.5mi
6/10
Lincoln High School
Public 9-12 • Assigned • 0.2mi
8/10
Provided by GreatSchools
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
3/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97201
Average low and high temperatures (°F)
46
37
49
39
56
44
64
46
70
51
75
55
81
59
83
62
76
58
62
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$232,000 – $280,000
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