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1039 SE 78th AvenuePortland, OR 97215Price: $625,000

  • Price: $625,000
  • Est. Mortgage of $/month
  • 3 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $625,000List Price
  • 0.24Acreage
Listed by Gretchen Spring of RE/MAX Equity Group
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RENOVATE and PRESERVE the existing home, and put 2 detached ADU's in rear with ALLEY access. Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafs, and shopping. This CORNER 100x105’ R5-zoned lot with alley access offers approximately 10,500SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. CONFIRM existing lot line, create two 50x100 lots, build detached homes, add ADUs. Build a COTTAGE CLUSTER and take advantage of SDC waivers. The property includes an existing 1558 SF home plus a 300SF unfinished basement, ideal for renovation, additional units, or complete redevelopment. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.

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Based on information submitted to OR_RMLS_WEB_API as of June 13, 2026 12:41 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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