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909 SW Gaines St, Portland, OR 97239

Local realty services provided by:CENTURY 21 Northstar
909 SW Gaines St,Portland, OR 97239
$1,075,000
  • 3 Beds
  • 2 Baths
  • 2,264 sq. ft.
  • Single family
  • Active
Listed by: michael beirwagen, emilie evans
Office: berkshire hathaway homeservices nw real estate
MLS#:24385351
Source:PORTLAND

Price summary

  • Price:$1,075,000
  • Price per sq. ft.:$474.82

About this home

Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Owner carry options: 5-7 loan with balloon payment at the end, amortized over 20 years, 20% down or more, 8% interest rate, No prepayment penalty after the 36th monthly payment. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]

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Home facts

  • Year built:1904
  • Listing ID #:24385351
  • Added:458 day(s) ago
  • Updated:December 17, 2025 at 03:04 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:2,264 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1904
  • Building area:2,264 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Lincoln
  • Middle school:West Sylvan
  • Elementary school:Ainsworth

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,075,000
  • Price per sq. ft.:$474.82
  • Tax amount:$10,388 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 17, 2025

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