$799,999
 $4,295 est/mo Sourced by Back At You

2371 SE 51st Ave,Portland, OR 97215

Portland, OR 97215

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Description

Exceptional Richmond District Opportunity | Remodeled Home + Development PotentialThis home offers 3 bedrooms, 3 full bathrooms, plus a fourth non-conforming bedroom in the finished basement. Set on an oversized lot, the home blends original character with modern updates and features flexible living spaces to suit a variety of needs. The lower level includes a separate exterior entrance and kitchenette-offering strong ADU potential and versatile options for multi-generational living, income-earning use, guest accommodations, or a home office.Enjoy a prime Richmond location close to Mt. Tabor, Division, and Hawthorne, with convenient access to neighborhood restaurants, parks, shopping, transit, and some of Portland's most desirable amenities.The sale includes an additional lot to the west, opening the door to an incredible lawn, expanded garden, or further development potential. The seller has also invested in engineer-ready plans to build two detached cottages, making this a rare development and investment opportunity on an established, oversized parcel.Buyer to perform their own due diligence regarding zoning and building potential.

Details

MLS #291424038
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1926
Days On Site22
Listing Provided ByWorks Real Estate | Jordan Snook

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,004
Garage1
BasementY
Story(s)3
ZoningRM -1
Acreage0.16

Interior

HeatingForced Air
Heating YnYes
Cooling YnNo
AppliancesDishwasher, Free Standing Range, Free Standing Refrigerator, Range Hood

Exterior

Exterior FeaturesCovered Deck, Covered Patio, Fenced, Fire Pit, Yard
RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesDriveway

Taxes

Property5734

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97215
Community NameTreet 51st Add
School DistrictFranklin
Elementary SchoolAtkinson
High SchoolFranklin
Listing VS Median (in Treet 51st Add)
Price:
$799,999
low | high
Med:
$799,999
50% of Average
sqft:
2,004
low | high
Med:
2,004
50% of Average
$ / sqft:
$399
low | high
Med:
$399
50% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You

Market Activity 97215

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97215
Community NameTreet 51st Add
School DistrictFranklin
Elementary SchoolAtkinson
High SchoolFranklin
Listing VS Median (in Treet 51st Add)
Price:
$799,999
low | high
Med:
$799,999
50% of Average
sqft:
2,004
low | high
Med:
2,004
50% of Average
$ / sqft:
$399
low | high
Med:
$399
50% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $599K - $999K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2612 SE 51ST AVE Property Photo 1
$775,000
2612 Se 51st Ave
Portland, OR 97206
Listing Updated: September 17, 2026 at 11:30:24 PM PDT
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