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R7 Zoned Teardown | Multi-Unit Development Potential. Zoned R7 on a 0.18-acre (7,841 sq ft) lot, this property offers a strong redevelopment opportunity for builders seeking multi-unit housing on a single lot in SE Portland. Value is in the land. Existing structure is considered a teardown. Flat lot with utilities available in an established residential neighborhood with access to transit, arterials, and services. R7 zoning allows a range of housing types, including detached houses, rowhouses, duplexes, triplexes, fourplexes, cottage clusters, and ADUs, subject to buyer due diligence. Sold as-is. No repairs or representations. Buyer to verify feasibility, zoning allowances, development standards, setbacks, FAR applicability, and tree regulations with the City of Portland.
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