Rare University Park development opportunity offering two separate parcels totaling approximately .18 acres within desirable R2.5 zoning. Demolition of the existing improvements is underway, creating a prime infill development site in one of North Portland's most sought-after neighborhoods. Positioned to capitalize on the flexibility afforded by Portland's Residential Infill Project (RIP), the property presents an exceptional opportunity for builders and developers seeking cottage-style housing, missing-middle development, or other permitted residential uses. Preliminary concepts suggest the potential for 6-8 cottage homes, with additional development scenarios potentially available subject to buyer verification. Development-ready opportunities of this scale and location are increasingly difficult to find in established Portland neighborhoods. Located just moments from the University of Portland, the site enjoys convenient access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, as well as the vibrant amenities of St. Johns, Kenton, Lombard, and the broader North Portland corridor. Buyer to perform all due diligence regarding the development and redevelopment potential of the property. Inquire for additional information regarding proposed development concepts and plans.
Active
$694,900
7218 N Jordan Ave, Portland, OR 97203
--beds
0baths
7,840Square Feet
Unimproved Land, Single Family Residence
Built in ----
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime infill development site
- 28 days |
- 178 |
- 6 |
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#: 502854669
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,840 Square Feet
- Dimensions: Appro x . 75' x 105'
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: Existing Structures, Garage
- Additional parcels included: R271678
- Parcel number: R271677
- Zoning: R2.5
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: University Park
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $494,880
- Annual tax amount: $4,120
- Date on market: 6/10/2026
- 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 |
|---|---|---|
| 6/11/2026 | Listed for sale | $694,900+785.2% |
Source: | ||
| 9/23/2014 | Listing removed | $1,825 |
Source: Voss Property Management Report a problem | ||
| 9/19/2014 | Price change | $1,825-1.4% |
Source: Voss Property Management Report a problem | ||
| 9/16/2014 | Listed for rent | $1,850 |
Source: Voss Property Management Report a problem | ||
| 8/8/2014 | Listing removed | $1,850 |
Source: Voss Property Management Report a problem | ||
| 8/5/2014 | Listed for rent | $1,850 |
Source: Voss Property Management Report a problem | ||
| 4/21/1995 | Sold | $78,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,121 +3.7% | $152,940 +3% |
| 2024 | $3,973 +4% | $148,490 +3% |
| 2023 | $3,820 +2.2% | $144,170 +3% |
| 2022 | $3,738 +1.7% | $139,980 +3% |
| 2021 | $3,675 +9% | $135,910 +3% |
| 2020 | $3,371 +3.8% | $131,960 +3% |
| 2019 | $3,247 | $128,120 +3% |
| 2018 | $3,247 +3% | $124,390 +3% |
| 2017 | $3,152 +14% | $120,770 +3% |
| 2016 | $2,765 | $117,260 +3% |
| 2015 | $2,765 +2.7% | $113,850 +3% |
| 2014 | $2,692 +3.9% | $110,540 +3% |
| 2013 | $2,590 +10.5% | $107,330 +3% |
| 2012 | $2,343 +3.9% | $104,210 +3% |
| 2011 | $2,255 +5.4% | $101,180 +3% |
| 2010 | $2,140 +2.7% | $98,240 +3% |
| 2009 | $2,084 +6% | $95,380 +3% |
| 2008 | $1,967 +0.3% | $92,610 +3% |
| 2007 | $1,961 +11.3% | $89,920 +3% |
| 2006 | $1,761 +4.7% | $87,310 +3% |
| 2005 | $1,682 -8.2% | $84,770 +3% |
| 2004 | $1,832 +2.3% | $82,310 +3% |
| 2003 | $1,792 +8.9% | $79,920 +3% |
| 2002 | $1,646 +7.4% | $77,600 +6.1% |
| 2000 | $1,533 | $73,150 |
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: University Park
Nearby schools
GreatSchools rating
- 9/10Astor Elementary SchoolGrades: K-8Distance: 0.4 mi
- 2/10Roosevelt High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Astor
- Middle: Astor
- High: Roosevelt
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
- 97203
- University Park
- 7218 N Jordan Ave





