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$495,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.13 Acres
  • Updated 2 days ago
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Excellent development opportunity in in a well located area of Portland's Overlook neighborhood. There are a multitude of uses and development configurations allowed, but included in the sale are approved, previously permitted, and detailed plans for a mixed use 4 story structure with three retail spaces on the ground floor and a total of 15 apartments on floors 2-4. The zoning is CM3 which is a large scale commercial mixed use zone intended for sites close to the central city, in high capacity transit station areas or town centers and on civic corridors. Buildings in this zone can be up to seven stories.

Full Property Details for 4224 N Interstate Ave

General

  • Price: $495,000
  • Taxes: $3,627 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: RWMLS
  • MLS ID: 352608427
  • Updated: 2/17/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Availability: Sale

Location

  • County: Multnomah
  • Driving Directions: Exit #303 on I5, go west on N Going St for 2 blocks, L on Maryland for 3 blocks, R on Interstate.

School Information

  • Elementary School: Boise-Eliot
  • Middle School: Ockley Green
  • High School: Jefferson

Community

  • Community Name: 141 - Portland North

Utilities

  • Utility Description: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Structural Information

  • Property Detached: Yes

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size: 5, 000 to 6, 999 SqFt

Financial Considerations

  • Tax Amount: $3,627.6
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: OVERLOOK, BLOCK 1, LOT 2-5&14&15 TL 5900
  • Disclosures/Reports: Exempt
  • Property ID: R231458

Listed by Oregon Restaurant Realty LLC (503) 501-8154, Dave Norstedt (503) 717-2026

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Listing agent

— 4224 N Interstate Ave —

  • Dave Norstedt

    Oregon Restaurant Realty LLC

    503-501-8154

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4224 N Interstate Ave

School District:Portland School District 1j
NameGradesDistance
Beach Elementary School, Portland, OR
1710 North Humboldt Street, Portland, OR 97217
K-50.3 mi
Ockley Green
6031 North Montana Avenue, Portland, OR 97217
6-80.9 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-120.7 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-123.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4224 N Interstate Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$495,000
-10%
MLS
1/26/2017
Sold
$550,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4224 N Interstate Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,628
4%
$134,630
3%
2024
$3,497
4%
$130,710
3%
2023
$3,363
4%
$126,910
6%
2021
$3,235
-2%
$119,640
-3%
2022
$3,290
2%
$123,220
6%
2021
$3,235
10%
$116,160
3%
2019
$2,947
6%
$112,780
3%
2018
$2,775
4%
$109,500
3%
2017
$2,659
9%
$106,320
3%
2016
$2,434
3%
$103,230
3%
2015
$2,370
1%
$100,230
3%
2014
$2,335
2%
$97,320
3%
2013
$2,280
—
$94,490
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Oregon Restaurant Realty LLC (503) 501-8154, Dave Norstedt (503) 717-2026

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4224 N Interstate Ave, Portland, OR 97217 (MLS# 352608427) is a Lots/Land property with a lot size of 0.13 acres. 4224 N Interstate Ave is currently listed for $495,000 and was received on February 17, 2026. Want to learn more about 4224 N Interstate Ave? Do you have questions about finding other Lots/Land real estate for sale in Portland International Airport? You can browse all Portland International Airport real estate or contact a Coldwell Banker agent to request more information.

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