7462 SE 51ST AVE Unit #A, Portland, OR 97206

$170,000

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List Price
$170,000
Price Change
▼ $10,000 1782264621
Days on Market
112
MLS#
191545701
Property Type
Land
Lot Size
0K to 2, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property 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.

Additional Information

Tax Amount
$1,037
High School
Cleveland
Elementary School
Lewis
Middle School
Sellwood
Acres
0.06
Property Type
Single Family Residence
Terms
Cash, Conventional
Utilities Included
Sewer Connected, Water Connected
Present Use
Residential
Road Surface
Paved

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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