An incredible opportunity to build your dream home or next investment project in one of Portland’s most vibrant close-in neighborhoods. Located in the heart of the Kerns district, this property has a 97 Walk Score and is a true biker’s paradise—just moments from dining, shopping, grocery stores, transit, music venues, and top-rated schools. The RM2 designation allows for a 3–4 story building. Seller has architectural plans by Aforma Design for a thoughtfully designed project featuring a 3-bedroom, 2-bath primary residence plus a 1-bedroom, 1-bath ADU—ready for submission to the City of Portland. See photo number 8. Plans available upon request. Buyer to perform due diligence with the City of Portland regarding development possibilities.
Active
Price cut: $50K (7/15)
$475,000
0 NE Flanders St, Portland, OR 97232
--beds
0baths
3,920Square Feet
Unimproved Land, Multi Family
Built in ----
3,920 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 171 days
- 79
- 4
Zillow last checked:
Listing updated:
Listed by:
Jennifer Noble jnoble@windermere.com,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 350948041
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 3,920 Square Feet
- Dimensions: 40 x 100
- Features: Gentle Sloping, SqFt 3000 to 4999
Details
- Additional structures: Existing Structures
- Parcel number: R696058
- Zoning: RM2
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $2,473
- Date on market: 4/6/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $475,000-9.5% |
Source:  RMLS (OR) #350948041 Report a problem | ||
| 5/27/2026 | Price change | $525,000-10.3% |
Source: RMLS (OR) #350948041 Report a problem | ||
| 4/6/2026 | Listed for sale | $585,000 |
Source: RMLS (OR) #350948041 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Kerns
Nearby schools
Schools provided by the listing agent
- Elementary: Buckman
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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