Map of Property

5205 SE 18th Avenue

5205 SE 18th Avenue, Portland, OR 97202

  • For Sale $2,250,000
  • Property Type VacantLand
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 12, 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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Attachments

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

Contacts

broker

Skip Rotticci, CCIM

Macadam Forbes

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Transit Score ®

    47/100 Some Transit

  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • 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

  • Papa Hayden's

    0.34 miles

  • 808 Grinds

    0.39 miles

  • Mumbo Gumbo

    0.49 miles

  • Salt & Pickle

    0.49 miles

  • The Meddling Lime

    0.50 miles

  • San Felipe Taqueria

    0.53 miles

  • Beez Holgate Station

    0.55 miles

  • PDX Thai Dining

    0.62 miles

  • Lily Sandwich

    0.67 miles

  • Samurai Lunch Box

    0.73 miles

  • Llewellyn Elementary School

    0.64 miles

  • Tucker Maxon School

    0.66 miles

  • Winterhaven School

    0.70 miles

  • Grout Head Start

    0.81 miles

  • Grout Elementary School

    0.82 miles

  • Reed College

    0.84 miles

  • Grover Cleveland High School

    1.01 miles

  • The Cottonwood School of Civics and Science

    1.28 miles

  • Chestnut Grove Montessori Children’s House

    1.30 miles

  • Saint Agatha School

    1.32 miles

  • Creative Minds

    0.47 miles

  • Childcare Center

    0.51 miles

  • KinderCare

    0.65 miles

  • Little Village Montessori

    0.87 miles

  • Grandma’s Place Early Learning Center

    0.98 miles

  • Cadence Academy Preschool

    1.16 miles

  • Albina Head Start

    1.23 miles

  • New Day School

    1.30 miles

  • Whole Child Montessori Center

    1.30 miles

  • L'Etoile French Immersion School

    1.32 miles

Frequently Asked Questions

How much does 5205 SE 18th Avenue cost?

The space currently listed for sale at 5205 SE 18th Avenue asks for $2,250,000.

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Contact Listing Broker

broker

Skip Rotticci, CCIM

Macadam Forbes