Attention builders and developers! RM1-zoned corner lot totaling approximately 15,246 square feet (.35 acres) with public water and sewer already connected. Existing structure is in poor condition and may require extensive rehabilitation or redevelopment. Corner location and multifamily zoning create a unique opportunity to explore a variety of residential development options. Property sold as-is. Buyer to verify all development potential, permitted uses, density allowances, utility capacity, and zoning requirements. Rare chance to secure a large infill parcel in Southeast Portland for under $300,000.
Active
$299,900
11509 SE Powell Blvd, Portland, OR 97266
--beds
0baths
0.35Acres
Unimproved Land, Multi Family
Built in ----
0.35 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 18 days |
- 326 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dominic Hernandez 971-533-9182,
eXp Realty, LLC,
Sybil Hernandez 971-533-9406,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 363746558
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.35 Acres
- Features: Corner Lot, SqFt 15000 to 19999
Details
- Additional structures: Existing Structures, Residence
- Parcel number: R201985
- Zoning: R2
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $691,760
- Annual tax amount: $3,778
- Date on market: 6/19/2026
- Listing terms: Cash,Rehab
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $299,900 |
Source:  RMLS (OR) #540314640 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,779 +4.4% | $156,270 +3% |
| 2024 | $3,619 +4.5% | $151,720 +3% |
| 2023 | $3,462 +5.5% | $147,310 +3% |
| 2022 | $3,282 +1.7% | $143,020 +3% |
| 2021 | $3,228 +10.4% | $138,860 +3% |
| 2020 | $2,924 +3.3% | $134,820 +3% |
| 2019 | $2,831 | $130,900 +3% |
| 2018 | $2,831 +3.2% | $127,090 +3% |
| 2017 | $2,744 +6.6% | $123,390 +3% |
| 2016 | $2,573 | $119,800 +3% |
| 2015 | $2,573 +2.4% | $116,320 +3% |
| 2014 | $2,512 +4.8% | $112,940 +3% |
| 2013 | $2,397 +5.1% | $109,660 +3% |
| 2012 | $2,282 +3.6% | $106,470 +3% |
| 2011 | $2,203 +1.9% | $103,370 +3% |
| 2010 | $2,161 +2.3% | $100,360 +3% |
| 2009 | $2,113 +3.5% | $97,440 +3% |
| 2008 | $2,041 +0.4% | $94,610 +3% |
| 2007 | $2,032 +4.9% | $91,860 +3% |
| 2006 | $1,938 +3.5% | $89,190 +3% |
| 2005 | $1,872 +4.7% | $86,600 +3% |
| 2004 | $1,788 +3.5% | $84,080 +3% |
| 2003 | $1,728 +5.1% | $81,640 +3% |
| 2002 | $1,644 +12.4% | $79,270 +6.1% |
| 2000 | $1,463 | $74,730 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Powellhurst Gilbert
Nearby schools
GreatSchools rating
- 3/10West Powellhurst Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Ron Russell Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10David Douglas High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: W Powellhurst
- Middle: Ron Russell
- High: David Douglas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97266
- Powellhurst Gilbert
- 11509 SE Powell Blvd
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