$155,000
 $832 est/mo Sourced by Back At You

7462 SE 51st Ave A,Portland, OR 97206

Portland, OR 97206

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Description

Exceptional opportunity for developers and investors alike. This property is ideally positioned in a highly desirable neighborhood known for its convenience and strong amenities. With less than $36,000 remaining in permit fees, you're close to breaking ground and bringing your vision to life. For qualified buyers, the seller offers a build-to-suit option featuring a thoughtfully designed home with an attached, already-approved ADU. The .06-acre lot offers impressive flexibility, supported by R2.5 zoning that allows for single-family homes, duplexes, triplexes, fourplexes, and ADUs. The true value is in the land, a blank canvas ready for your next project. Located in an area rated as "very walkable" and a "biker's paradise," future residents will enjoy easy access to schools, parks, dining, and shopping. Outdoor and lifestyle perks include nearby Eastmoreland Golf Course, while Reed College is just a quick 5-minute drive. Whether you're planning a dream home, townhome development, or a custom build, this is a rare chance to create something special in a prime location.

Details

MLS #191545701
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site203
Listing Provided ByeXp Realty, LLC | Nick Shivers

Features

ZoningR5
Acreage0.06

Interior

Heating YnNo
Cooling YnNo

Parking

Attached Garage YnNo

Utilities

UtilitiesSewer Connected, Water Connected

Taxes

Property1037

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97206
School DistrictCleveland
Elementary SchoolLewis
High SchoolCleveland
Listing VS Median (in 97206)
Price:
$155,000
low | high
Med:
$465,000
100% of Average
On site:
203
low | high
Med:
99
100% of Average
Sourced by Back At You

Market Activity 97206

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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 Code97206
School DistrictCleveland
Elementary SchoolLewis
High SchoolCleveland
Listing VS Median (in 97206)
Price:
$155,000
low | high
Med:
$465,000
100% of Average
On site:
203
low | high
Med:
99
100% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 12:15:05 AM PDT
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