8040 SE KNIGHT ST, Portland, OR 97206 | MLS #393285981 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of RE/MAX Equity GroupMLS# 393285981MLS Provider
  • 125 days on site
  • 4 views

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.

Source: Regional MLS, MLS#: 393285981

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  • Property Type
    Land
  • Lot
    0.12 acres

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  • Median Age
    38
  • Population Density
    8,299
  • College Educated
    50%
  • Estimated Median Income
    $72,463
  • Estimated Total Home Owners
    13,816
  • Estimated Total Renters
    7,395
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    3
  • Total Population
    54,248
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/15/2026Source: Regional MLS Price Reduction
$179,000 -10.1%
2/24/2026Source: Regional MLS Added to Database
February 24, 2026