$694,900

7218 N JORDAN Ave, Portland, OR 97203

Land
Built in ——
7,841sqft lot
—— car garage
$——/sqft
Listed 23 hours ago

Property Description

Rare University Park development opportunity offering two separate parcels totaling approximately .18 acres within desirable R2.5 zoning. Demolition of the existing improvements is underway, creating a prime infill development site in one of North Portland's most sought-after neighborhoods. Positioned to capitalize on the flexibility afforded by Portland's Residential Infill Project (RIP), the property presents an exceptional opportunity for builders and developers seeking cottage-style housing, missing-middle development, or other permitted residential uses. Preliminary concepts suggest the potential for 6-8 cottage homes, with additional development scenarios potentially available subject to buyer verification. Development-ready opportunities of this scale and location are increasingly difficult to find in established Portland neighborhoods. Located just moments from the University of Portland, the site enjoys convenient access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, as well as the vibrant amenities of St. Johns, Kenton, Lombard, and the broader North Portland corridor. Buyer to perform all due diligence regarding the development and redevelopment potential of the property. Inquire for additional information regarding proposed development concepts and plans.

Listing Status:: Active
Date Added:: June 10, 2026
Data Last Updated:: June 11, 2026 at 4:41AM
Listing Office:: Keller Williams Realty Portland Premiere : 503-597-2444
Listing Agent:: Darryl Bodle : 503-709-4632
MLS ID:: 502854669

General: GarageResidenceTo be torn down

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: R2.5SMITHSON LAND COS ADDBLOCK 5LOT 28&29; SMITHSON LAND COS ADDBLOCK 5LOT 32R271677
View: View
Current Use: Raw landResidential

Utilities: Electricity connectedNatural gas availableSee remarksSewer connectedWater connected

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Darryl Bodle , Keller Williams Realty Portland Premiere

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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