9639 SE Foster Rd, Portland, OR 97266
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: lisa mehlhoff
Office: real broker855-450-0442
MLS#:641160883
Source:PORTLAND
Price summary
- Price:$295,000
About this home
SELLER FINANCING AVAILABLE | 10,722 SF CM3 DEVELOPMENT SITEInvestor and developer opportunity along Portland’s Foster Road corridor near Lents Town Center, the MAX Green Line and I-205. Offered at $295,000—approximately $27.51 per square foot of land—this 10,722-square-foot site is zoned CM3 Commercial Mixed Use, providing flexibility for a range of residential and commercial development concepts.Preliminary concepts suggest the site could potentially support a 20–28-unit apartment or mixed-use project, with possibilities including multifamily housing, ground-floor retail, live/work space, offices, commercial services or neighborhood commercial uses with residential units above. Development capacity, permitted uses and City approvals are subject to buyer verification.The location offers convenient access to transit, major transportation routes and downtown Portland. Future residents could enjoy proximity to the Springwater Corridor Trail, Mt. Scott Community Center, neighborhood parks, dining and services. Continued street, pedestrian and mixed-use improvements along the Foster corridor add to the property’s long-term redevelopment potential. The seller will consider short-term financing for a qualified buyer, creating an opportunity to control the property while completing due diligence, design and entitlement work. Buyer to perform independent due diligence regarding zoning, utilities, development capacity and permitted uses. Contact the agent for property information and proposed seller-financing terms....
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Home facts
- Listing ID #:641160883
- Added:196 day(s) ago
- Updated:September 29, 2026 at 04:32 AM
Structure and exterior
- Lot area:0.25 Acres
Schools
- High school:Franklin
- Middle school:Alice Ott
- Elementary school:Lent
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$295,000
- Tax amount:$2,775 (2021)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 29, 2026New listings near 9639 SE Foster Rd
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