7468 Southeast 51st Avenue

Portland, OR 97206

$299,000
Price
5,227 / 0.12
Lot Size / Acres

Description

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. In a neighborhood with a "very walkable" and "biker's paradise" rating, residents enjoy...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. 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.
  1. Listed by Nick Shivers • Keller Williams PDX Central
  2. Listed by Arthur Klassen • Keller Williams PDX Central

Property Details for 7468 Southeast 51st Avenue

Zoning
R2.5

Location

Listing Courtesy of Keller Williams PDX Central
Add your commute
LISTING UPDATED: 04/15/2024 09:15 AM

Property Details for 7468 Southeast 51st Avenue

StatusActive
MLS #24424904
Days on Market37
Taxes$1,845 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size0.12 AC
CountyMultnomah County

Location

Listing Courtesy of Keller Williams PDX Central
Add your commute

Building Information for 7468 Southeast 51st Avenue

Building Size-Lot Size0.12 AC

Payment Calculator

$1,786 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7468 Southeast 51st Avenue

Summary
Location and General Information
  • Country: US
  • Directions: I-205, exit 16, L on SE Johnson Creek Blvd, R on SE Flavel Dr, R on SE 51st Ave
  • Road Surface: Paved
School Information
  • Elementary School: Lewis
  • High School: Cleveland
  • Middle Or Junior School: Sellwood
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $1,844.83
  • Parcel Number: R157923
  • Tax Legal Description: ERROL HTS, BLOCK 14, LOT 37&38
Virtual Tour
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Current Use: Residential
  • Land Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: Residence

Property History for 7468 Southeast 51st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7468 Southeast 51st Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$1,845 ($154 / month)
Home Facts
Beds2Baths1Total Finished SqFt738 SqFtAbove Grade Finished SqFt738 SqFtStories1Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1914ZoningR5CountyMULTNOMAHAPN1S2E19BD 06600

Schools near 7468 Southeast 51st Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lewis Elementary School
PublicK to 5

Sellwood Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Benson Polytechnic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7468 Southeast 51st Avenue is a 0.12 ac of land for sale in Portland, OR 97206. This property was listed for sale on March 22, 2024 by Keller Williams PDX Central, it's currently listed at $299,000. It has been on the market for a total of 37 days and was last sold on March 19, 2021. This listing's school district is Portland School District 1j. Nearby schools include Lewis Elementary School, Sellwood Middle School and Cleveland High School. 7468 Southeast 51st Avenue is a 0-bed, 0-bath, 0.12 ac of land on a 5,227 sq. ft. / 0.12 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams PDX Central

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/15/2024 09:15 AM