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$439,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.84 Acres
  • Updated 2 days ago
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Investor and developer opportunity in SE Portland. This .84-acre R7-zoned property at 5303 SE 113th Ave consists of two tax lots totaling .62 acres and .22 acres, offering flexibility for future development strategies. R7 zoning allows for medium-density residential development, including potential middle-housing options under Portland's Residential Infill Project (buyer to verify). Public utilities are available, supporting efficient development planning. Rare chance to acquire multiple tax lots in an established residential area with strong demand and long-term upside.

Full Property Details for 5308 SE 113th Ave

General

  • Price: $439,900
  • Taxes: $1,414 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 741236477
  • Updated: 2/13/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Availability: Sale

Location

  • County: Multnomah
  • Driving Directions: SE Holgate & SE 113th ave

School Information

  • Elementary School: Earl Boyles
  • Middle School: Ron Russell
  • High School: David Douglas

Community

  • Community Name: 143 - Portland Southeast

Utilities

  • Utility Description: Electricity Available, Public Sewer, Water Available

Structural Information

  • Property Detached: Yes
  • Current Bldg. Use: Raw Land

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,590
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Lot Features: Cleared

Financial Considerations

  • Tax Amount: $1,414.08
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: MIDLAND AC TR, LOT 8 EXC N 80' OF W 124'
  • Disclosures/Reports: Disclosure
  • Property ID: R218226

Listed by Opt (503) 908-4908, Narin Lay (360) 747-2999

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Listing agent

— 5308 SE 113th Ave —

  • Narin Lay

    Opt

    503-908-4908

360-747-2999

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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!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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 5308 SE 113th Ave

School District:David Douglas School District 40
NameGradesDistance
Earl Boyles Elementary School
10822 Southeast Bush Street, Portland, OR 97266
PK-50.7 mi
Ron Russell Middle School
3955 Southeast 112th Avenue, Portland, OR 97266
6-80.7 mi
David Douglas High School
1001 Southeast 135th Avenue, Portland, OR 97233
9-122.4 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 5308 SE 113th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$439,900
87.19%
MLS
9/14/2006
Sold
$235,000
—
Public Record
Get Price Alerts and Save Property
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 5308 SE 113th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,414
4%
$58,480
3%
2024
$1,355
5%
$56,780
3%
2023
$1,296
7%
$55,130
6%
2021
$1,208
-2%
$51,980
-3%
2022
$1,228
2%
$53,530
6%
2021
$1,208
14%
$50,470
3%
2019
$1,060
3%
$49,000
3%
2018
$1,027
4%
$47,580
3%
2017
$990
3%
$46,200
3%
2016
$964
2%
$44,860
3%
2015
$941
2%
$43,560
3%
2014
$923
3%
$42,300
3%
2013
$898
—
$41,070
—
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 Opt (503) 908-4908, Narin Lay (360) 747-2999

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5308 SE 113th Ave, Portland, OR 97266 (MLS# 741236477) is a Multi-Family property with a lot size of 0.84 acres. 5308 SE 113th Ave is currently listed for $439,900 and was received on February 12, 2026. Want to learn more about 5308 SE 113th Ave? Do you have questions about finding other Multi-Family real estate for sale in Lents? You can browse all Lents real estate or contact a Coldwell Banker agent to request more information.

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