Prime Development Opportunity in the Heart of Multnomah Village!Nestled in the sought-after and historic Multnomah Village, this property offers a rare chance to bring your vision to life in one of Southwest Portland's most charming neighborhoods. Just minutes from the city center, this location blends small-town charm with urban convenience, surrounded by beloved local cafes, galleries, boutiques, breweries and dining hotspots. For outdoor enthusiasts, Woods Memorial Natural Area--with its serene hiking trails--is just at the end of Marigold Street, offering a perfect escape into nature. Don't miss this chance to secure a prime spot in one of Portland's most desirable neighborhoods.Builders and visionaries--this R7-zoned property is your blank canvas! Whether you choose to start fresh and design a custom home or reimagine and expand the existing 1-bed, 1-bath residence to suit your style, the possibilities here are endless.