The Gateway

NE 97th Ave & NE Couch St, Portland, OR 97220

Property Information

  • For Sale $19,990,000
  • Property Type VacantLand
  • Lot Size 6.44 Acre
  • Date Updated Aug 28, 2026

Description

in portlandThe property consists of 31 contiguous tax parcels encompassing three full city blocks and several partial blocks. The site benefits from a 6:1 floor area ratio, with additional bonus density potential, and permits building heights of up to 120 feet. Situated within Portland’s emerging Gateway neighborhood, the property features frontage along NE 97th Avenue, NE 99th Avenue, NE 100th Avenue, NE Couch Street, and the soon-to-be-developed NE Davis Street. Infrastructure improvements are already underway, with construction having commenced on NE Davis Street between NE 97th and NE 99th Avenues and along NE 97th Avenue from NE Davis Street to E Burnside Street. These improvements are laying the groundwork for future 10- to 14-story mixed-use developments throughout the Gateway district. Phase I of the Gateway Street Plan includes new streets, curbs, sidewalks on both sides of the roadway, landscaping, and the installation of grass and trees. Phase II improvements are scheduled to follow upon completion of Phase I, further enhancing the area’s appeal and supporting continued redevelopment.

Highlights

  • A creative seller with a passion for affordable housing and mixed income communities
  • Infrastructure is in place, with ongoing improvements in the area
  • Located adjacent to major interchanges as well as the Gateway transit center, offering multi-modal transportation
  • Located in a 2026 QCT (Qualified Census Tract)
  • Located in the Gateway Regional Center TIF District (658.50 acres)
  • SDC waivers for Affodable housing through through Sept. 30, 2028 (inquire with Portland Housing Bureau)

Contacts

Location

Located at NE 97th Ave & NE Couch St, Portland, OR 97220, this property is part of the Hazelwood neighborhood and Portland market.

Contact Listing Broker
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