Listing provided courtesy of Berkshire Hathaway HomeServices NW Real Estate- MLS# 692771136
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Request Info909 SW GAINES STPortland, OR 97239
Single Family · 3 Beds · 1 Full Bath · 1 Partial Bath · 2,264 Sq. ft. | 0.34 Acres$1,075,000
Active
909 SW GAINES ST Overview
- Time on Site:
- 24 days
- Visits:
- 3
Rare developer and investor opportunity directly across from OHSU Hospital and adjacent to the medical and nursing schools! This premium location features approximately 15,000 SF of land spanning 3 city lots zoned RM2. Excellent potential for future growth with the massive benefit of immediate holding income: the property features an existing 3-story, 3-bedroom residential home that is currently rented. Perfect for a covered land play while you finalize your development plans in a high-demand medical community footprint. The final listing photos showcase the incredible views captured from 25-45 feet above ground level. According to City of Portland Zoning Code, RM2 allows a 45-foot maximum height, generally up to 4 stories, with potential for a higher ratio via city-approved inclusionary housing. Buyer to independently verify any and all zoning code applications, restrictions, and development potential. Owner will consider owner financing terms. Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334
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909 SW GAINES ST Facts & Features
- Type Single Family
- Sq. ft. 2,264
- Price/Sq.ft. $475
- Lot 0.34 Acres
Details
General
School Information
- Elementary School: Ainsworth
- Middle Or Junior School: West Sylvan
- High School: Lincoln
Building Information
- Year Built: 1904
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
Tax Information
- Tax Annual Amount: 10774.96
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,Owner Will Carry,VA Loan
- Parcel Number: R247185
- Property Condition: Approximately
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Partial: 1
- Bathrooms Total: 2
- Bedrooms Total: 3
Building Interior
- Building Area Total: 2264.0
General Information
- Basement: Full Basement,Partially Finished
- Heating: Forced Air
- Stories: 2
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.34
- Lot Size Dimensions: 3, 50X100 Lots
- Lot Size Square Feet: 14810.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Architectural Style: Bungalow
- Roof: Composition
General Information
- Sewer: Public Sewer
909 SW GAINES ST Neighborhood
Community
97239 (Portland) Demographics
39
Median Age
4,964
Population Density (per sq. mile)
79%
College Educated
$93,594
Estimated Median Income
4,411
Estimated Total Home Owners
4,838
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.909 SW GAINES ST Monthly Cost
909 SW GAINES ST Market Data
Based on the last 30 days in this zip code
$765,894
Average List Price
$350
Average Price per Square Foot
19
Properties Sold
132
Average Days on Market
154
Properties for Sale
909 SW GAINES ST History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: Regional MLS | June 09, 2026 |
|
| 6/4/2026Source: Regional MLS | June 04, 2026 |