8307 N Ivanhoe St - St. John's Redevelopment
Shovel-ready, fully permitted 15-unit apartment development site in Portland's St. Johns neighborhood, offered at $600,000. The 0.23-acre CM2-zoned parcel at 8307 N Ivanhoe Street is designed by architect Brett Schulz and ready for immediate construction, featuring a thoughtful mix of one- and two-bedroom units with high ceilings, air conditioning, private decks, and large windows.
The efficient site plan prioritizes income-producing space by minimizing common areas and incorporating exterior unit entrances. Located in a vibrant neighborhood blocks from St. Johns Theater & Pub, StormBreaker Brewing, and Gracie's Pizza, the property sits within walking distance of the Willamette River and Cathedral Park, which offers trails, a swimming area, and public boat access. The site benefits from strong public transit connectivity, including Metro/Subway, commuter rail, and bus lines, plus proximity to the airport.
- Fully permitted and shovel-ready for construction
- 15-unit mixed one- and two-bedroom layout
- Designed by acclaimed architect Brett Schulz
- CM2 zoning in vibrant St. Johns neighborhood
- Walking distance to restaurants, breweries, and Willamette River access
Features & amenities
Location
This shovel-ready, fully permitted apartment development site offers an outstanding investment opportunity in the highly desirable St. Johns neighborhood of North Portland. Designed by acclaimed architect Brett Schulz, the thoughtfully planned project consists of 15 residential units featuring a mix of one- and two-bedroom layouts, high ceilings, air conditioning, private decks, and large windows that maximize natural light. The efficient design incorporates exterior entrances, minimizing non-income-producing common areas and maximizing rental potential. Ideally located just blocks from a vibrant selection of restaurants, breweries, shopping, and entertainment—including St. Johns Theater & Pub, StormBreaker Brewing, and Gracie’s Pizza—the property also provides easy access to the scenic Willamette River and Cathedral Park, where residents can enjoy walking trails, a swimming area, and a public boat ramp.