Exceptional development opportunity in the heart of Garden Home. Rarely does a property with this kind of potential become available. This property offers a unique opportunity for builders, developers, investors, or those looking to create something special in one of Southwest Portland's most desirable and established neighborhoods. The existing home on .45 acres is considered a tear-down, making this a true land-value opportunity. With your vision of a new custom home or other possibilities, the dual tax lots provide flexibility for a variety of future uses. Buyers are encouraged to complete their own due diligence with Washington County regarding development potential, zoning, utilities, lot verification, and intended use. Located just minutes from Garden Home, Multnomah Village, Washington Square, parks, restaurants, and major commuter routes, this property combines outstanding convenience with exceptional long-term potential. Inner city opportunities like this are increasingly difficult to find. Bring your vision and unlock the possibilities.
Single-familyProperty Type
1896Year Built
0.25 acresLot Size
$158Price/Sq.Ft.
Listed by Allison Fuller• Keller Williams Sunset Corridor
Contact: 503-975-9420
Bought with Julie Yarnall• Keller Williams Realty Portland Premiere
Est. $2,881 per month, based on comparable rentals
Sale and tax history for 7730 SW Oleson Rd
Sale History
Tax History
Date
Event
Price
RMLS #301159892
Aug 26, 2026
Sold
$400,000
$158/sq ft
Aug 12, 2026
Pending
—
Aug 6, 2026
Listed
$400,000
$158/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,032 (+4.4%)
2024
$4,820 (+6.4%)
2023
$4,529 (+3.5%)
2022
$4,375 (+3.7%)
2021
$4,218 (+3.1%)
2020
$4,090 (+2.9%)
2019
$3,973 (+3.4%)
2018
$3,842 (+3.7%)
2017
$3,704 (+3.8%)
2016
$3,570 (+3.8%)
2015
$3,439 (+2.1%)
2014
$3,369 (+2.5%)
2013
$3,286 (+11.7%)
2012
$2,943 (+2.7%)
2011
$2,866 (+2.7%)
2010
$2,792 (+2.0%)
2009
$2,736
Public record
Beds
5
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
10,890
Year renovated
1948
Sq. Ft.
2,534
Year built
1896
Style
Single Family Residential
County
Washington County
APN
R218678
Parking Spaces
—
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on May 12, 2026.
Property details
Parking
Parking Information
Parking Features: Driveway
Interior
Appliances
Hot Water Description: Electricity
Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1
Room 7 Information
Description: 2nd Bedroom
Room 8 Information
Description: 3rd Bedroom
Room 9 Information
Description: Dining Room
Room 10 Information
Description: Family Room
Room 11 Information
Description: Kitchen
Room 12 Information
Description: Living Room
Room 13 Information
Description: Primary Bedroom
Level: Main
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Exterior Description: Wood Siding
Lot Information
Lot Size Square Feet: 19,602
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Acres: 0.45
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Corner Lot
Parcel Number: R218678
Road Surface Type: Paved
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Fixer
Upper Level Area Total: 1,267
Main Level Area Total: 1,267
View YN: No
Building Information
Year Built: 1948
Building Area Total: 2,534
Building Area Description: trio
Building Area Calculated: 2,534
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: ACRES 0.45
Tax Annual Amount: $5,031.90
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
School Information
Elementary School: Montclair
Middle Or Junior School: Whitford
High School: Southridge
Location Information
Directions: SW Vermont to SW Oleson
Unparsed Address: 7730 SW OLESON RD, Portland, OR 97223
Community Information
Senior Community YN: No
Public facts
Beds: 5
Baths: 1.0
Sq. Ft.: 2,534
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1896
Year Renovated: 1948
County: Washington County
APN: R218678
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on May 12, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
New Construction Information
New Construction YN: No
Around this home
Schools
Montclair Elementary School
Public K-5 • Assigned • 0.9mi
8/10
Whitford Middle School
Public 6-8 • Assigned • 1.3mi
5/10
Southridge High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97223
Average low and high temperatures (°F)
49
36
51
37
58
42
66
44
72
49
78
53
85
58
87
61
79
55
64
46
53
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$376,000 – $456,000
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