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840 SW Stephenson ST, Portland, OR 97219

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For Sale

$730,000

0.53 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.5 acres
    Lot size

Explore this Property

Just Over 1/2 Acre Lot 23,086 Sq ft. Investors, Custom Home Builders and/or Developers! Many options are still available. R10 Zoning. Rare opportunity for this 8 home Cottage Cluster Development. Excellent prime high demand location, in area of high value homes and lots. Less than 3/4 of a mile from Lake Oswego City limits. Near parks, trails, and nature, this southwest central location with its easy access make for a convenient commute going in any direction. This property has the unique feature of being able to build using the Residential Infill Code Middle Housing options. It also has the option of individual lots or a condo configuration. Home plans have been submitted to the City of Portland for building permits under the Residential Infill Cottage Cluster code. 5 homes at 2,125 square feet. One home at 1,663 square feet and 2 homes at 1,161 Square feet. See attached site plan drawings. for additional details. Plans are under review and subject to change. The last image is of seller's 4,479 sq ft home plan that could be built on the lot if buyer is not interested in cottage cluster development Buyer to do Due Diligence regarding information provided. Seller is Licensed Realtor in the State of Oregon.
MLS# 24592944

Courtesy Of MORE Realty

(503) 353-6673

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.53 Acres
  • Roof Type
    Unknown
  • View Type
    Territorial

Map and Directions

Directions to 840 SW Stephenson ST, Portland, OR 97219

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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