About This Home

This land at 840 SW STEPHENSON St in Portland, OR is listed for $549,000 (0.53 acres).

Key Features

  • 0.53 acre lot

Amenities

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Listing Description

Builders & Developers! Middle Housing Infill Options are available on this Lot. R10, 0.53-acre (23,086 sf) site in SW Portland, under 3/4 mile from Lake Oswego, with frontage on SW Stephenson St and SW Boones Ferry Rd. Seller's 8-Home concept: Two detached Homes on Stephenson plus Two Triplexes, every home with its own GARAGE and on-site parking, very rare in today's infill.

Beginning Jan. 1, 2027, Oregon's HB 2138 requires cities to allow attached (duplex, 3plex and-or 4plex) or detached Home configurations; Portland's code update to implement it is in process. This site can use the Cottage Cluster code allowing up to 16 homes on this site & up to (18 with bonus units under the City's draft), HB 2138 adds attached groupings of up to four.

NO FAR limits apply. Lots can be created using an expedited Middle Housing Land Division. All Utilities available. Gentle slope, territorial views, daylight-basement potential. Site plans, utility layout, soil test and engineering available. Seller is a licensed Oregon Realtor. Buyer to verify zoning, density and all development information with the City.

Location

840 SW STEPHENSON St

Portland, OR 97219

Property Details

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Territorial

Questions & Answers

This 0-bedroom, 0-bathroom land at 840 SW STEPHENSON St is listed at $549,000. The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.53 acre lot.

This property is listed by Brian Nelson.

BN

Brian Nelson

Agent at MORE Realty

Listed by MORE Realty · Broker phone: (503) 353-6673 · View on Broker Site · Broker website

MLS# 794853959· Source: Regional Multiple Listing Services· 14 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

840 SW STEPHENSON St, Portland, OR 97219

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