909 SW Gaines St, Portland, OR 97239

Local realty services provided by:Columbia River Realty ERA Powered
909 SW Gaines St,Portland, OR 97239
$1,075,000
  • 3 Beds
  • 2 Baths
  • 2,264 sq. ft.
  • Single family
  • Active
Listed by: michael beirwagen, emilie evans
Office: berkshire hathaway homeservices nw real estate
MLS#:24385351
Source:PORTLAND

Price summary

  • Price:$1,075,000
  • Price per sq. ft.:$474.82

About this home

Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Owner carry options: 5-7 loan with balloon payment at the end, amortized over 20 years, 20% down or more, 8% interest rate, No prepayment penalty after the 36th monthly payment. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]

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Home facts

  • Year built:1904
  • Listing ID #:24385351
  • Added:422 day(s) ago
  • Updated:November 13, 2025 at 12:45 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:2,264 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1904
  • Building area:2,264 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Lincoln
  • Middle school:West Sylvan
  • Elementary school:Ainsworth

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,075,000
  • Price per sq. ft.:$474.82
  • Tax amount:$10,388 (2024)
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