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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
0.24 Acres

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.


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    High School(s): Franklin
    Middle School(s): Bridger
    Elementary School(s): Bridger
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LOCATION


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Listing Office: RE/MAX Equity Group. Listing Agent: Gretchen Spring. Listing ID: 659066761

Last Updated June 10, 2026 8:47 AM
Data last checked against RMLS on June 22, 2026 12:53 AM

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