This 0.48-acre parcel offers a high-potential development play in a centrally located, high-demand area of Southwest Portland. Zoned to allow for up to three individual parcels, this property is ideal for multi-unit housing, small-scale subdivision, or a luxury custom build. Conveniently located just minutes from downtown Portland, OHSU, Lewis & Clark College, and key employment centers. With easy access to I-5, Barbur Blvd, and SW Terwilliger, the site is well-positioned for commuters and renters seeking convenience. Surrounding amenities add to the value: close proximity to the Hillsdale Shopping District, Tryon Creek State Park, and top-rated schools make this a desirable area for
Rare opportunity to own one of the final buildable lots in the highly coveted Terwilliger Heights neighborhood. Surrounded by spectacular million-dollar homes in one of Portland’s most prestigious enclaves, home to some of the city’s most prominent residents, this is the chance to build exactly the home you’ve always envisioned. You’re a short walk from the iconic Chart House Restaurant, with OHSU just minutes away and effortless access to downtown Portland, Multnomah Village, Raleigh Hills, and an array of exceptional shopping, dining, and nightlife. This is a neighborhood where residents take genuine pride in their properties, beautifully manicured lawns, impeccabl
Southwest Portland development opportunity! +/-13,211 square feet of RM2 land. Outstanding location near downtown, Hillsdale, Multnomah, shops, employers and transit! Possible to build up to 14 units, Buyer to do it's own due diligence. Developers package available upon request.
Outstanding location • Near employers • Near downtown
Devin Bourne • Bespoke Realty
ABOUT THIS HOME
97271, OR Homes for Sale
A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees. An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location. Zoned R5 with a C, z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends its