Active
Courtesy of Renaissance Development Corp.
Photograph 1 of 3
10.13 Acres
Portland
$507,000
ActiveMLS®: 224799951
- Lot size
- 10.13 acres
- Property type
- Land
- Days on market
- 237
Overview
10.13-acre EFU-zoned parcel situated just outside the Urban Growth Boundary along the NW Germantown Road corridor, right outside the Bethany neighborhood. Utilities are available at the road frontage.For the investor, this parcel offers an attractive covered land play if you were to farm part of the property or harvest timber. Historically, EFU properties on the UGB fringe are among the first considered during Metro's boundary expansion evaluations. Hold the land in agricultural use near-term while positioning for significant upside if and when the parcel is brought into the UGB. Or, farm the land, meet the EFU farm dwelling permit requirements and apply for a farm dwelling permit and build your dream home on an expansive 10 acre estate
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 10.13 acres
- Lot features
- Brush, Trees
- View
- No
Schools
- High school
- Other
- Middle school
- Other
- Elementary school
- Other
Location
- City
- Portland
- County
- Washington
- Zoning
- EFU
Taxes and dues
- Annual taxes
- $775 (2025)
Location
NW Germantown Rd, Portland, OR 97231
Monthly payment estimate
$2,763 /mo
20% · $101,400
7.00%
- Principal and interest
- $2,698
- Property tax (2025)
- $65
- Total
- $2,763
Estimate only, and not an offer of credit. Assumes 20% down ($101,400) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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