About this home
Expansive, Sun-Filled Lot in Portland's Desirable Capisic/Rosemont Neighborhood A rare opportunity to build in one of Portland's most sought-after and convenient neighborhoods. This elevated and open lot offers approximately 40' of frontage and measures roughly 40' x ~163', totaling an impressive 6,520sf or 0.149 acres. Note - seller is willing to sell a larger portion - see listing for 13,200sf (.3 acres) for $345,000. The options in this coveted RN1 zone are as abundant as the sunlight -- perfect for a spacious single-family home, a single-family with ADU(s), or multiple units. The city's new Cottage Court use would allow for up to 12 smaller homes and might be the ideal path for a developer. Tucked into a quiet, residential setting, the lot is remarkably private. To the west, a historic single-family home; to the east, the landmark chapel of the former convent, now the Frances Wade House. The rear quarter of the property is wooded, wild, and wonderful natural backdrop. Whether you're envisioning a family compound, a multi-unit or condo development, or several single-family homes with potential for additional ADUs, this property can accommodate it all. You could even leverage the southern exposure to build an off-grid, net-zero energy home. Opportunities like this are few and far between -- bring your imagination and seize this chance before it's gone
Listing last checked: Listing updated:
Listed by Listing Agent · Benchmark Real Estate · MLS #1653608
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 0.14 acres
- Water
- Public, None
- Sewer
- None, Public Sewer, Septic Needed
- Zoning
- RN1
Financial2 property facts
- Annual taxes
- $1
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $195,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$986 / monthAdjust
- Principal & interest
- $986
- Property tax
- $0
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 63 Capisic Street #B
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Request a tour of 63 Capisic Street #B and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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