$199,000

8040 Se KNIGHT St, Portland, OR 97206

Land
Built in ——
5,227sqft lot
—— car garage
$——/sqft
Listed 4 days ago

Property Description

Price Reduced for Quick Sale!Incredible opportunity on a prime 50' x 100' lot with an existing foundation, ideally located near the highly sought-after Woodstock neighborhood in Portland. This property offers exceptional potential to build your dream home or a high-performing investment in one of Portland’s most desirable communities. Envision creating a custom residence tailored to your lifestyle, all while enjoying the charm, convenience, and vibrant local culture that Woodstock is known for—just moments from your doorstep. Whether you’re a homeowner ready to design your perfect space or an investor looking to capitalize on Portland’s strong housing demand, this lot is the ideal canvas. Added value comes with original permits and plans already in place for a multi-family triplex. The existing basement/foundation also offers the potential for an ADU, opening the door to additional income or flexible living arrangements. Don’t miss this rare chance to secure a build-ready property in a beloved Portland neighborhood with outstanding upside potential.

Listing Status:: Active
Date Added:: February 24, 2026
Data Last Updated:: February 28, 2026 at 5:42PM
Listing Office:: RE/MAX Equity Group : 503-635-2660
Listing Agent:: Steve Andrews : 503-318-0330
MLS ID:: 393285981

General: Foundation

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

Zoning: R2BAYARD ADDBLOCK 2LOT 9LOT 10 EXC W 30.09'R112331
Current Use: Multi familyResidential

Utilities: Cable availableElectricity availableNatural gas availablePhone availablePublic sewerWater available

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Steve Andrews , RE/MAX Equity Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Marysville Elementary School

7733 SE Raymond St, Portland, OR, 97206

Grades KG-5

0.49 miles away

Kellogg Middle School

, Portland, OR, 97266

Grades 6-8

0.64 miles away

Franklin High School

5405 SE Woodward St, Portland, OR, 97206

Grades 9-12

1.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.