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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5205 SE 18th Ave , Portland, OR 97202
$599,900
Est. Payment: $3,016.40/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 70
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Perfect opportunity for close in large scale development on a ~0.23 acre RM4 site in Sellwood Moreland. With ~100x100 lot dimensions and ~100 feet of road frontage along SE 18th, the property offers a clean urban infill opportunity in one of inner SE Portland’s most connected locations. Minutes to downtown Portland and positioned near Sellwood-Moreland, Westmoreland, Brooklyn, and other popular SE Portland destinations, this site benefits from the fundamentals developers look for: transit access, neighborhood commercial corridors, established residential demand, and lifestyle amenities that help support future housing appeal for years to come. Set near SE 17th, SE Milwaukie, and Holgate, the property is close to coffee, dining, parks, trails, and everyday services. Westmoreland Park, Sellwood Park, Oaks Bottom Wildlife Refuge, Sellwood Riverfront Park, and the Springwater Corridor are all part of the surrounding neighborhood draw, giving future residents access to outdoor recreation and some of inner SE Portland’s most valued green space. Nearby transit helps connect the area to downtown Portland, South Waterfront, PSU, Milwaukie, and the broader eastside. RM4 is a high density multi dwelling zone applied near the Central City, station areas, and along civic corridors served by frequent transit and close to commercial services. The zone supports high density urban housing with a high percentage of building coverage, little or no front setback, and housing characterized by mid to high rise buildings, typically 4 to 7 stories. RM4 zoning may support townhome or high density apartment concepts, subject to City of Portland review and all applicable requirements. Buyer to perform all due diligence with the City of Portland and applicable utility providers regarding utilities, access, driveway approvals, setbacks, parking, permitted uses, lot configuration, separate buildability of lots, and overall development feasibility.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
0.23

County

Multnomah

Area

143 - Portland Southeast

Neighborhood

Sellwood - Moreland

Listing ID

462339850

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Level,Brush,Public Road,Trees
Lot Dimensions:100x100
Zoning:RM4
Principal Interest
$3,016
Taxes
$365

Home Price

$599,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$119,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,016.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,016.40 $365.08 $0.00 $3,381.48
Yearly $36,196.77 $4,380.99 $0.00 $40,577.76
Total $1,085,903.10 $131,429.70 $0.00 $1,217,332.80

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T05:14:11.000Z

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