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  • Price cut: $50.1K (6/5)
    $599,900

    5205 SE 18th Ave, Portland, OR 97202

    --beds
    0baths
    10,018Square Feet
    Unimproved Land
    Built in ----
    10,018 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perfect opportunity for close in large scale development on a ~0.23 acre RM4 site in Sellwood Moreland. With ~100x100 lot dimensions and ~100 feet of road frontage along SE 18th, the property offers a clean urban infill opportunity in one of inner SE Portland’s most connected locations. Minutes to downtown Portland and positioned near Sellwood-Moreland, Westmoreland, Brooklyn, and other popular SE Portland destinations, this site benefits from the fundamentals developers look for: transit access, neighborhood commercial corridors, established residential demand, and lifestyle amenities that help support future housing appeal for years to come. Set near SE 17th, SE Milwaukie, and Holgate, the property is close to coffee, dining, parks, trails, and everyday services. Westmoreland Park, Sellwood Park, Oaks Bottom Wildlife Refuge, Sellwood Riverfront Park, and the Springwater Corridor are all part of the surrounding neighborhood draw, giving future residents access to outdoor recreation and some of inner SE Portland’s most valued green space. Nearby transit helps connect the area to downtown Portland, South Waterfront, PSU, Milwaukie, and the broader eastside. RM4 is a high density multi dwelling zone applied near the Central City, station areas, and along civic corridors served by frequent transit and close to commercial services. The zone supports high density urban housing with a high percentage of building coverage, little or no front setback, and housing characterized by mid to high rise buildings, typically 4 to 7 stories. RM4 zoning may support townhome or high density apartment concepts, subject to City of Portland review and all applicable requirements. Buyer to perform all due diligence with the City of Portland and applicable utility providers regarding utilities, access, driveway approvals, setbacks, parking, permitted uses, lot configuration, separate buildability of lots, and overall development feasibility.
    53 days
    |
    135
    |
    2
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 462339850MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 100 x 100
      • Features: Brush, Trees, Level, SqFt 10000 to 14999
      Details
      • Parcel number: R181790
      • Zoning: RM4

      Utilities & green energy

      • Utilities for property: Electricity Available, Natural Gas Available, Water Available

      Community & HOA

      Community
      • Subdivision: Sellwood - Moreland
      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Tax assessed value: $1,600,000
      • Annual tax amount: $4,380
      • Date on market: 5/14/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,595/mo

        Price history

        DateEventPrice
        6/5/2026Price change$599,900-7.7%
        Source: RMLS (OR) #462339850 Report a problem
        5/14/2026Listed for sale$650,000-44.5%
        Source: RMLS (OR) #462339850 Report a problem
        5/11/2026Sold$1,171,651+154.7%
        Source: Public Record Report a problem
        8/14/2015Sold$460,000+138.3%
        Source: Public Record Report a problem
        2/27/2015Sold$193,002-14.2%
        Source: Public Record Report a problem
        11/19/2014Listed for sale$225,000
        Source: Premiere Property Group #14052913 Report a problem
        8/10/2014Listing removed$225,000
        Source: Projection Realty #14299535 Report a problem
        8/8/2014Listed for sale$225,000+25%
        Source: Projection Realty #14299535 Report a problem
        1/29/2009Sold$180,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,381 +3.7%$162,590 +3%
        2024$4,224 +4%$157,860 +3%
        2023$4,061 +2.2%$153,270 +3%
        2022$3,974 +1.7%$148,810 +3%
        2021$3,906 +9%$144,480 +3%
        2020$3,584 +3.8%$140,280 +3%
        2019$3,452 $136,200 +3%
        2018$3,452 +3%$132,240 +22.3%
        2017$3,351 +35.4%$108,110 +3%
        2016$2,475 $104,970 +3%
        2015$2,475 +2.7%$101,920 +3%
        2014$2,410 +3.9%$98,960 +3%
        2013$2,319 +10.5%$96,080 +3%
        2012$2,098 +3.9%$93,290 +3%
        2011$2,019 +5.4%$90,580 +3%
        2010$1,916 +2.7%$87,950 +3%
        2009$1,866 +6%$85,390 +3%
        2008$1,761 +0.3%$82,910 +3%
        2007$1,755 +11.4%$80,500 +3%
        2006$1,576 +4.7%$78,160 +3%
        2005$1,506 -8.2%$75,890 +3%
        2004$1,640 +2.3%$73,680 +3%
        2003$1,604 +8.9%$71,540 +3%
        2002$1,473 +7.4%$69,460 +6.1%
        2000$1,372 $65,480

        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: Sellwood-Moreland

        Getting around

        67 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Llewellyn
        • Middle: Sellwood
        • 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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