Contacts

Skip Rotticci, CCIM

Macadam Forbes

Property Details

Property Type VacantLand
Lot Size 0.23 Acre
Additional Rent Contact for pricing
Date Updated Dec 9, 2024

5205 SE 18th Avenue Portland, Oregon is located in a vibrant, tree-lined neighborhood full of character. The street is a mix of beautifully-preserved historic homes, modern apartments, and a few small businesses. Public transportation is easily accessible, with several bus stops and the Orange MAX Line all within walking distance. The nearby parks and green spaces provide plenty of opportunities for outdoor recreation. The area has an eclectic mix of restaurants, cafes, and entertainment venues, while the nearby shopping centers offer an array of retail options. Overall, 5205 SE 18th Avenue is a wonderful place to live and explore. Located just three miles south of downtown Portland and over the Sellwood Bridge, the Sellwood Moreland neighborhood is brimming with unique shops, tasty food, and fabulous adventures. Steps away from natural beauty but also close to many wonderful shops and services, Sellwood Moreland is one of the most walkable neighborhoods in Portland.5205 SE 18th Avenue is a 10,000 square foot, 59-unit multifamily development site. Permits have been issued by the City of Portland. 2019 System Development Charge (SDC) fees have been locked in at 2019 SDC rates with a deferral agreement in place. The property comes with all plans, engineering, entitlements, and rights. Construction could start immediately.

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Highlights

Popular Sellwood Moreland neighborhood
Zoning is RH Residential High Density
Two blocks to MAX Light Rail station
Building permits have been issued
Legacied 2019 SDC fees
Site comes with plans, engineering, entitlements and rights
Erosion Control measures installed and inspected
Ready to start construction immediately
2025 will see the fewest new multifamily construction starts since 2008
Rent growth in the next several years will be exceptional
Interest rates are coming down

Getting around

64/100
Walk Score ®
47/100
Transit Score ®
97/100
Bike Score ®

Powered by Walk Score ®

Location

City Portland, OR
Neighborhood Sellwood - Moreland
Zip Code 97202
Market Portland

Points of Interest

Oaks Park

1.12 miles
Bancroft Street

1.30 miles
Southeast Water/OMSI

1.69 miles
Southeast Martin Luther King & Mill

1.83 miles
Southeast Grand & Mill

1.83 miles
Marquam Hill

2.03 miles
Southeast Martin Luther King & Taylor

2.16 miles
PSU South/Southwest 5th & Jackson

2.39 miles
PSU Urban Center

2.51 miles
Southwest Market & Park

2.64 miles

Mobil

0.05 miles
Space Age

0.33 miles
Shell

0.50 miles
Pacific Pride

0.51 miles
Blink

1.02 miles
Arco

1.13 miles
Fastrak

1.27 miles
Astro

1.34 miles
76

1.35 miles
Electrify America

2.27 miles

Oaks Bottom Trail Head

0.12 miles
South Lot

0.58 miles
North Lot

0.68 miles
West Parking

0.69 miles
East Lot

0.71 miles
North Parking

0.81 miles
East Parking

1.09 miles
Whitaker Lot

1.45 miles
SE Tacoma/Johnson Creek

1.66 miles

Motel 6

1.03 miles
River's Edge Hotel

1.23 miles
Fulton House

1.49 miles
Bluebird Guesthouse

1.67 miles
Evermore Guesthouse

1.73 miles
Residence Inn

1.92 miles
Hyatt House

1.98 miles
Sure Stay Hotel by Best Western

2.21 miles
University Place

2.21 miles
RiverPlace

2.22 miles

QFC

0.63 miles
Montelupo Italian Market

0.79 miles
People's Food Co-op

1.09 miles
Trader Joe's

1.20 miles
New Seasons Market

1.33 miles
Bi-Mart

1.48 miles
Zupan's

1.49 miles
Safeway

1.49 miles
Natural Grocers

1.58 miles
Muji Portland

2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

5205 SE 18th Avenue