Premium A-grade development opportunity in one of Portland's most coveted close-in locations. Perched high above the city in the desirable Southwest Hills, this RM1-zoned parcel is an exceptional canvas for elevated design with the potential to capture sweeping city and river views. Just minutes from downtown Portland, Portland State University, OHSU, the South Park Blocks, performing arts venues, restaurants, parks, and countless urban amenities, the location speaks for itself. Whether your vision is modern condominiums, luxury townhomes, apartments, or a strategic land-bank investment, this property offers outstanding versatility in an irreplaceable setting. This is a rare opportunity for builders, developers, and investors to secure premium development land at an extraordinary value. Buyers to perform their own due diligence regarding zoning, development potential, utilities, and all permitted uses.
Active
$100,000
SW Montgomery Dr, Portland, OR 97201
--beds
0baths
0.31Acres
Unimproved Land, Single Family Residence
Built in ----
0.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Desirable southwest hills
- 4 days |
- 150 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Eric Hagstette info@inhabitre.com,
Inhabit Real Estate
Source: RMLS (OR),MLS#: 365628544
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 0.31 Acres
- Features: Trees, Sloped, SqFt 10000 to 14999
Details
- Parcel number: R669264
- Zoning: RM1
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $134,600
- Annual tax amount: $2,518
- Date on market: 8/12/2026
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $100,000 |
Source:  RMLS (OR) #365628544 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,519 +2.4% | $121,300 +3% |
| 2024 | $2,459 -18.8% | $117,770 +3% |
| 2023 | $3,027 +2.2% | $114,340 +3% |
| 2022 | $2,961 +1.7% | $111,010 +3% |
| 2021 | $2,911 +9% | $107,780 +3% |
| 2020 | $2,671 +3.8% | $104,650 +3% |
| 2019 | $2,573 | $101,610 +3% |
| 2018 | $2,573 +3% | $98,660 +3% |
| 2017 | $2,497 +14% | $95,790 +3% |
| 2016 | $2,190 | $93,000 -45% |
| 2015 | $2,190 | $169,210 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Goose Hollow
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $216,200-- bd-- ba-- sqftLevy Code 001, Portland, OR 97201Off Market
- $284,5001 bd1 ba668 sqft1640 SW Montgomery St, Portland, OR 97201Sold
- $256,800-- bd-- ba-- sqftLevy Code 001, Portland, OR 97201Off Market
- $216,200-- bd-- ba-- sqftLevy Code 001, Portland, OR 97201Off Market
- $216,200-- bd-- ba-- sqftLevy Code 001, Portland, OR 97201Off Market
- $348,0002 bd2 ba1.1k sqft1640 SW Montgomery St APT A, Portland, OR 97201Off Market
- $322,8002 bd2 ba1.1k sqft1640 SW Montgomery St APT B, Portland, OR 97201Off Market
- $284,5001 bd1 ba668 sqft1640 SW Montgomery St APT C, Portland, OR 97201Sold
A local agent can set up tours, give advice and negotiate with sellers.
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