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840 SW Stephenson StreetPortland, OR 97219Price: $579,000

  • Price: $579,000
  • Est. Mortgage of $/month
  • 3 Days on Market
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$
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 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.
  • $579,000List Price
  • 0.53Acreage
Listed by Brian Nelson of MORE Realty (503-936-5127)
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Builders & Developers! Middle Housing Infill Options are available on this Lot. R10, 0.53-acre (23,086 sf) site in SW Portland, under 3/4 mile from Lake Oswego, with frontage on SW Stephenson St and SW Boones Ferry Rd. Seller's 8-Home concept: Two detached Homes on Stephenson plus Two Triplexes, every home with its own GARAGE and on-site parking, very rare in today's infill. Beginning Jan. 1, 2027, Oregon's HB 2138 requires cities to allow attached (duplex, 3plex and-or 4plex) or detached Home configurations; Portland's code update to implement it is in process. This site can use the Cottage Cluster code allowing up to 16 homes on this site & up to (18 with bonus units under the City's draft), HB 2138 adds attached groupings of up to four. NO FAR limits apply. Lots can be created using an expedited Middle Housing Land Division. All Utilities available. Gentle slope, territorial views, daylight-basement potential. Site plans, utility layout, soil test and engineering available. Seller is a licensed Oregon Realtor. Buyer to verify zoning, density and all development information with the City.

Property Details of 840 SW Stephenson Street

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Based on information submitted to OR_RMLS_WEB_API as of October 20, 2026 8:14 PM 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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