7468 Se 51ST Ave, Portland, OR 97206

$299,000 Asking Price

2 beds
1 bath
738  sqft
Built in 1914

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.


Features & Amenities

Interior

Heating:
Other

Exterior

General:
Other
Style:
Stories 1
Parking:
Off street, Parking spaces: 0

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
R2.5, ERROL HTS, BLOCK 14, LOT 37&38, R157923

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Keller Williams PDX Central, Nick Shivers

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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