Fantastic property offering a great opportunity for developers and investors. Bring your investment expertise to this property situated in a sought-after neighborhood known for its convenience and amenities. This .12 acre lot has many possibilities. The R2.5 zoning allows for single family, duplexes, triplexes, fourplexes and ADU. The true value lies in the land, which presents a blank canvas for your project. Home on property for possible restoration is 2 bedroom, 1 bathroom. In a neighborhood with a "very walkable" and "biker's paradise" rating, residents enjoy easy access to nearby schools, multiple parks, restaurants, and shopping destinations. Golf enthusiasts will appreciate the proximity to the Eastmoreland Golf Course, while students and faculty will find Reed College is only 5 minutes away. Whether you envision building your dream home, townhome, or a custom-designed residence, don't miss this opportunity to create something truly special.
Sold
$233,000
7468 SE 51st Ave, Portland, OR 97206
2beds
738sqft
Residential, Single Family Residence
Built in 1914
5,227.2 Square Feet Lot
$231,500 Zestimate®
$316/sqft
$1,887 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2024 at 12:58am
Listed by:
Nick Shivers 971-201-1500,
Keller Williams PDX Central,
Arthur Klassen 971-201-1500,
Keller Williams PDX Central
Bought with:
Elijah Primachenko, 201207930
MORE Realty
Source: RMLS (OR),MLS#: 24344897

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Heating
- Other
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 sqft
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R157923
- Zoning: R2.5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Other
Condition
- Fixer
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Rehab
- Road surface type: Paved
Services availability

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Estimated market value
$231,500