21st & Kearney Redevelopment Site

2131 Northwest Kearney Street, Portland, OR 97210

Property Information

  • For Sale $4,995,000
  • Property Type VacantLand
  • Lot Size 22,000 SF
  • # of Floors 1
  • Property Tenancy Single Tenant
  • Year Built 1947
  • Date Updated May 12, 2026

Description

With unique access on both Kearney and Lovejoy street, this site boasts the highest residential multi-dwelling zoning of RM4, offering a base FAR of 4 to 1 and a potential bonus FAR of 7 to 1, with no required parking, thanks to its direct proximity to the streetcar line. Imagine the possibilities as your new development soars 100 feet into the sky, capturing the essence of urban living at its finest while making your mark on Portland’s skyline. 
Adding to the appeal is a long-term tenant who has been occupying the existing 14,600sf building since 1990s. With a current month-to-month lease, this tenant may also be interested in signing a term lease while your new project is being permitted, offering continued  income during the development process.

Contacts

Rae Nomura

SVN | Imbrie Realty

Location

Located at 2131 Northwest Kearney Street, Portland, OR 97210, this property is part of the Nob Hill - Northwest District neighborhood and Portland market.

Contact Listing Broker
Rae Nomura

SVN | Imbrie Realty

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