10412 SE DIVISION ST, Portland, OR 97266
- $675,000
- Sold Price
- $675,000
- List Price
- $750,000
- Closing Date
- Dec 29, 2025
- Days on Market
- 493
- MLS#
- 24108164
- Property Type
- Land
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Southeast
- Status
- SOLD
Property Description
7/15/25 Update: Price Decreased! This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.
Additional Information
- Tax Amount
- $3,206
- High School
- Leodis McDaniel
- Elementary School
- Harrison Park
- Middle School
- Harrison Park
- Acres
- 0.72
- Property Type
- Multi Family
- Terms
- Cash, Conventional
- Utilities Included
- None
- Present Use
- Multi Family, Raw Land, Residential
Mortgage Calculator
Listing courtesy of Fathom Realty Oregon, LLC. Selling Office: MORE Realty Inc.
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