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8040 SE Knight St, Portland, OR 97206 — photograph 1

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8040 SE Knight St, Portland, OR 97206 — photograph 1
5,227 Sq.Ft. Lot

8040 SE Knight St, Portland

$179,000

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ActiveMLS®: 393285981Listing held by another brokerage, marked RMLS
Lot size
5,227 sqft
Property type
Land
Days on market
200

Overview

Price Reduced for Quick Sale!Incredible opportunity on a prime 50' x 100' lot with an existing foundation, ideally located near the highly sought-after Woodstock neighborhood in Portland. This property offers exceptional potential to build your dream home or a high-performing investment in one of Portland’s most desirable communities. Envision creating a custom residence tailored to your lifestyle, all while enjoying the charm, convenience, and vibrant local culture that Woodstock is known for—just moments from your doorstep. Whether you’re a homeowner ready to design your perfect space or an investor looking to capitalize on Portland’s strong housing demand, this lot is the ideal canvas. Added value comes with original permits and plans already in place for a multi-family triplex. The existing basement/foundation also offers the potential for an ADU, opening the door to additional income or flexible living arrangements. Don’t miss this rare chance to secure a build-ready property in a beloved Portland neighborhood with outstanding upside potential.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5,227 sqft
Lot features
Public Road
View
No

Schools

High school
Franklin
Middle school
Kellogg
Elementary school
Marysville

Location

City
Portland
County
Multnomah
Zoning
R2
Subdivision
Knight Meadows

Taxes and dues

Annual taxes
$2,724 (2025)

Location

8040 SE Knight St, Portland, OR 97206

Map showing the location of 8040 SE Knight St, Portland, OR 97206
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,180 /mo

20% · $35,800
7.00%
Principal and interest
$953
Property tax (2025)
$227
Total
$1,180

Estimate only, and not an offer of credit. Assumes 20% down ($35,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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