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7462 SE 51st Ave A, Portland, OR 97206 — photograph 1

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7462 SE 51st Ave A, Portland, OR 97206 — photograph 1
2,614 Sq.Ft. Lot

7462 SE 51st Ave A, Portland

$155,000

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ActiveMLS®: 191545701Listing held by another brokerage, marked RMLS
Lot size
2,614 sqft
Property type
Land
Days on market
202

Overview

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

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
2,614 sqft
View
No

Schools

High school
Cleveland
Middle school
Sellwood
Elementary school
Lewis

Location

City
Portland
County
Multnomah
Zoning
R5

Taxes and dues

Annual taxes
$1,038 (2025)

Location

7462 SE 51st Ave A, Portland, OR 97206

Map showing the location of 7462 SE 51st Ave A, Portland, OR 97206
© Mapbox © OpenStreetMap

Monthly payment estimate

$911 /mo

20% · $31,000
7.00%
Principal and interest
$825
Property tax (2025)
$86
Total
$911

Estimate only, and not an offer of credit. Assumes 20% down ($31,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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