For Sale72d on market
840 SW Stephenson St
Portland, OR, 97219 • Arnold Creek • Multnomah County
$599,000
0.53 acLot
Property DNA
Territorial Views
Territorial
Market activity
Demand and pricing signals for this listing
122 views
People checking out this listing
4 saves
Buyers have saved this home
72 days on market
Established listing
About this home
Lot
Investors, Custom Home Builders and/or Developers! R10 Zoning, 1/2 Acre plus Lot, The 23,086 sq ft lot can be subdivided into 2 lots over 11,000 sf. The FAR (floor area ratio) building size limits will not apply to the lots. Lots can be created through a MHLD Expedited Land Division. Numerous building options are available. Rare opportunity to build Custom Homes, Duplexes, Triplexes, 4Plexes, or a Cottage Cluster Development. Quiet Residential Street in SW high demand location, Area with high value homes, lots and less than 3/4 of a mile from Lake Oswego City limits. Near parks, trails, and nature, this southwest central location with its easy access makes for a convenient commute going in any direction. This property has the unique feature of being able to build using the Residential Infill Code Middle Housing options or build custom homes. Photos show 4,479 sq ft custom home plan that could be built on the lot rather than Middle Housing. Seller is Licensed Realtor in the State of Oregon.
Estimated monthly payment
Based on current rates
$3,764/month
Principal & Interest$2,965
Property Tax$599
Insurance$200
Down payment20% ($119,800)
3%50%
Est. 6.30% rate · 30yr fixed · $479,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Single Family Residence
Parking & Outdoor
Lot0.53 Acres
Location & Tax
NeighborhoodArnold Creek
ZoningR10
Annual tax$2,378
ParcelR331611
Features & details
3 categories of property features
Exterior Features
Lot Features
Gentle Sloping
SqFt 20000 to Acres1
Views
Territorial
Utilities
Cable Available
Electricity Available
Natural Gas Available
Water Available
Cable Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market72
Tax rate0.96%
On marketJan 14, 2026
PostedJan 14, 2026
MLS statusActive
MLS updatedMar 26, 2026
Tour days6
Views122
Favorites4
How are the schools in Portland?
3 schools rated nearby
Location
Portland, OR, 97219
Price history
1 event
DateEventPrice$/sqftSource
Jan 14, 2026Listed For Sale$599,000—RMLS (OR)
Listed For Sale$599,000
Jan 14, 2026•RMLS (OR)
Tax history
25 years of records
YearTax paidAssessed value
Mar 27, 2025$2,378$88,340
Mar 27, 2024$2,293$85,770
Mar 27, 2023$2,205$83,280
Mar 27, 2022$2,157$80,860
Mar 27, 2021$2,121$78,510
Mar 27, 2020$1,946$76,230
Mar 27, 2019$1,874$74,010
Mar 27, 2018$1,874$71,860
Mar 27, 2017$1,819$69,770
Mar 27, 2016$1,595$67,740
Mar 27, 2015$1,595$65,770
Mar 27, 2014$1,554$63,860
Mar 27, 2013$1,495$62,000
Mar 27, 2012$1,352$60,200
Mar 27, 2011$1,301$58,450
Mar 27, 2010$1,233$56,750
Mar 27, 2009$1,200$55,100
Mar 27, 2008$1,133$53,500
Mar 27, 2007$1,131$51,950
Mar 27, 2006$1,016$50,440
Mar 27, 2005$970$48,980
Mar 27, 2004$1,059$47,560
Mar 27, 2003$985$46,180
Mar 27, 2002$951$44,840
Mar 27, 2000$867$42,280
Nearby homes
Neighborhood details
Local context around this listing
Portland, OR • Multnomah County
Nearby neighborhoods
Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns
Nearby cities
Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village
Nearby zip codes
97202972039720697217972199722997230972339723697266
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