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5.02 Acres

Portland

$500,000

ActiveMLS®: 763868692Listing held by another brokerage, marked RMLS
Lot size
5.02 acres
Property type
Land
Days on market
266

Overview

Discover a unique chance to own a serene, 5-acre parcel in Forest Park, offering the perfect forested retreat on a secluded, dead-end road for you to build your dream home. Located in unincorporated Multnomah County and zoned RR, this property comes with no HOA restrictions. Utilities available nearby. Enjoy access to top-rated schools: Bonny Slope Elementary, Tumwater Middle School, and Sunset High School. Conveniently located 3 minutes from Forest Heights Park & Forest Park Elementary, 20 minutes to Nike, Intel, OHSU and downtown Portland. Buyer to do due diligence. Use neighbors address of 3348 NW Spencer St. Portland in GPS for navigation to the property.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5.02 acres
Lot features
Wooded
View
No

Schools

High school
Sunset
Middle school
Other
Elementary school
Bonny Slope

Location

City
Portland
County
Multnomah
Zoning
RR
Subdivision
FOREST PARK

Taxes and dues

Annual taxes
$1,916 (2025)

Monthly payment estimate

$2,821 /mo

20% · $100,000
7.00%
Principal and interest
$2,661
Property tax (2025)
$160
Total
$2,821

Estimate only, and not an offer of credit. Assumes 20% down ($100,000) 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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To: Kat Wyzevich

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