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.
Sold
$675,000
10412 SE Division St, Portland, OR 97266
--beds
0baths
0.72Acres
Unimproved Land, Multi Family
Built in ----
0.72 Acres Lot
$-- Zestimate®
$--/sqft
$1,505 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,505/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Frederick Seid #AGENT_PHONE,
Fathom Realty Oregon, LLC
Bought with:
Paul Krewson, 201217399
MORE Realty Inc
Source: RMLS (OR),MLS#: 24108164
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.72 Acres
- Features: Level, SqFt 20000 to Acres1
Details
- Additional parcels included: R244272
- Parcel number: R244271
- Zoning: RM1
Utilities & green energy
- Utilities for property: None
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $675,000-10% |
Source:  RMLS (OR) #24108164 Report a problem | ||
| 12/13/2025 | Pending sale | $750,000 |
Source: RMLS (OR) #24108164 Report a problem | ||
| 7/15/2025 | Price change | $750,000-6.1% |
Source: RMLS (OR) #24108164 Report a problem | ||
| 2/21/2025 | Price change | $799,000-2.6% |
Source: RMLS (OR) #24108164 Report a problem | ||
| 9/17/2024 | Listed for sale | $820,000+502.9% |
Source: RMLS (OR) #24108164 Report a problem | ||
| 1/15/2004 | Sold | $136,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,458 +3.7% | $128,340 +3% |
| 2024 | $3,334 +4% | $124,610 +3% |
| 2023 | $3,206 +2.2% | $120,990 +3% |
| 2022 | $3,137 +1.7% | $117,470 +3% |
| 2021 | $3,084 +9% | $114,050 +3% |
| 2020 | $2,829 +3.8% | $110,730 +3% |
| 2019 | $2,725 | $107,510 +3% |
| 2018 | $2,725 +3% | $104,380 +3% |
| 2017 | $2,645 +14% | $101,340 +3% |
| 2016 | $2,320 | $98,390 +3% |
| 2015 | $2,320 +2.7% | $95,530 +3% |
| 2014 | $2,259 +4% | $92,750 +3% |
| 2013 | $2,173 +10.5% | $90,050 +3% |
| 2012 | $1,966 +3.9% | $87,430 +3% |
| 2011 | $1,892 +5.4% | $84,890 +3% |
| 2010 | $1,795 +2.7% | $82,420 +3% |
| 2009 | $1,748 +6% | $80,020 +3% |
| 2008 | $1,650 +0.3% | $77,690 +3% |
| 2007 | $1,645 +11.3% | $75,430 +3% |
| 2006 | $1,477 +4.7% | $73,240 +3% |
| 2005 | $1,411 -8.2% | $71,110 +3% |
| 2004 | $1,537 +2.3% | $69,040 +3% |
| 2003 | $1,503 +8.9% | $67,030 +3% |
| 2002 | $1,380 +7.4% | $65,080 +6.1% |
| 2000 | $1,285 | $61,350 |
Find assessor info on the county website
Neighborhood: Powellhurst Gilbert
Nearby schools
GreatSchools rating
- 3/10Clark Elementary SchoolGrades: K-5Distance: 1 mi
- 9/10Harrison Park SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Harrison Park
- Middle: Harrison Park
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Oregon
- Multnomah County
- Portland
- 97266
- Powellhurst Gilbert
- 10412 SE Division St
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Nearby neighborhoods
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