Note: The following 4 lots have the same comps: PDX22-1, PDX22-2, PDX22-3, PDX22-4.

Estimated Comp Value: $165,000
Lot Zoned: Single Family to 4 plex
Sq Ft: 4,800

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Comp 1 – 10218 N Tyler Ave.

Address: 10218 N Tyler Ave. Portland, OR 97203 – Link to Zillow
Selling Price: $160,000
Sell Date: 12/8/2025
Lot Zoned: Single Family to 4 plex
Sq Ft: 5,227.2

Notes: The home needs to be demolished. I estimate $40k for the home to be demolished making the cost of the lot to $200,000.

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Comp 2 – 8162 N Druid Ave

Address: 8162 N Druid Ave. Portland, OR 97203 – Link to Zillow
Selling Price: $200,000
Sell Date: 10/2/2025
Lot Zoned: Single Family to 4 plex
Sq Ft: 5,227.2

Notes: This lot also requires a home to be demolished. I estimate $40k for the home to be demolished making the cost of the lot to $240,000.

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Completed Project Comp – Potential Example

Address: 7040 N Leonard St, Portland, OR 97203 – Link to Zillow
Selling Price: $1,370,000
Sell Date: 10/31/2025
Lot Zoned: Single Family to 4 plex
Sq Ft: 3,636