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Listed by RE/MAX Equity Group, Gretchen Spring. (503) 964-7994

MLS Source logo

1039 SE 78TH AVEPortland, OR 97215

Active
$625,000
3
1
1,858 Square Feet

RENOVATE and PRESERVE the existing home, and put 2 detached ADU's in rear with ALLEY access. Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafés, and shopping. This CORNER 100x105’ R5-zoned lot with alley access offers approximately 10,500SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. CONFIRM existing lot line, create two 50x100 lots, build detached homes, add ADUs. Build a COTTAGE CLUSTER and take advantage of SDC waivers. The property includes an existing 1558 SF home plus a 300SF unfinished basement, ideal for renovation, additional units, or complete redevelopment. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
    Stories2, Craftsman
  • Bedrooms:
    3
  • Bathrooms:
    1
  • Dwelling Size:
    1,858 Square Feet
  • Lot Size:
    0.24 Acres
  • Lot Description:
  • Stories:
    2
  • Year Built:
    1904
  • Interior Features:
    HardwoodFloors, HighCeilings, Laundry, WoodFloors
  • Exterior Features:
    Fenced, RVBoatStorage, Yard
  • Parking:

    Garage or Parking Spaces: 1
    Features: OffStreet, RVAccessParking
  • Area:
    _143
  • Views:
  • Schools:
    High School(s): Franklin
    Middle School(s): Bridger
    Elementary School(s): Bridger
  • HOA:
  • Senior Community:
  • Heating:
    ForcedAir
  • Cooling:
    None
  • Appliances:
    FreeStandingRange, FreeStandingRefrigerator, Pantry
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
    Other
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: RE/MAX Equity Group. Listing Agent: Gretchen Spring. Listing ID: 489935276

Last Updated June 10, 2026 8:48 AM
Data last checked against RMLS on June 22, 2026 12:53 AM

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