R7 Zoned Teardown | Multi-Unit Development PotentialZoned R7 on an approximately 0.18-acre (7, 841 sq ft) lot, this property offers a strong redevelopment opportunity for builders seeking multi-unit housing on a single lot in SE Portland. Value is in the land. Existing structure is considered a teardown. Flat lot with utilities available in an established residential neighborhood with access to transit, arterials, and services. R7 zoning allows a range of housing types, including detached houses, rowhouses, duplexes, triplexes, fourplexes, cottage clusters, and ADUs, subject to buyer due diligence. Sold as-is. No repairs or representations. Buyer to verify feasibility, zoning allowances, development standards, setbacks, FAR applicability, and tree regulations with the City of Portland.