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4523 NE 81st Ave, Portland, OR 97218 — photograph 1

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4523 NE 81st Ave, Portland, OR 97218 — photograph 1
2 Beds2 Baths1,811 sqft

4523 NE 81st Ave, Portland

$325,000

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PendingMLS®: 395020202Listing held by another brokerage, marked RMLS
Price per sqft
$179.46
Built in
1941
Property size
1,811 sqft
Lot size
7,405 sqft
Property type
Residential
Days on market
5

Overview

Bring your tools, creativity, and vision to unlock the potential of this promising NE Portland property. Situated on a beautiful tree-lined street where neighboring homes reflect pride of ownership, this home offers an excellent opportunity for investors, contractors, flippers, or buyers looking to build sweat equity.The main level features 1,011 square feet of living space, while the 800-square-foot full walkout basement opens the door to a variety of possibilities. Whether you're considering additional living space, a workshop, hobby area, or enhanced storage, the basement provides valuable flexibility for future improvements.Outside, you'll find a large garage, off-street parking, and a partially fenced yard with room to create an inviting outdoor living space. The location is hard to beat—just minutes from Portland International Airport (PDX), major commuter routes, shopping, dining, and everyday conveniences.Properties with this combination of location, neighborhood appeal, and upside potential are increasingly difficult to find. Whether you're searching for your next renovation project, rental investment, or starter home with room to grow, this property offers a rare chance to create value in an established Portland neighborhood. Opportunity, location, and potential—bring your vision and transform this diamond in the rough into something special. Property is being sold as-is and has been priced to reflect. ***OFFER DEADLINE TO BE TUESDAY 9/8/26 AT 9PM***

Details

Interior

Interior features
Ceiling Fan, Laundry, Wall to Wall Carpet
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator
Fireplace
Yes
Fireplaces
2
Fireplace description
Wood Burning
Cooling
No
Heating
Yes
Heating description
Forced Air
Windows
Vinyl Frames

Exterior and lot

Lot size
7,405 sqft
Exterior features
Covered Patio, Fenced
Lot features
Level
Architectural style
One Story
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
2
Parking
Driveway
Total parking
2

Schools

High school
Leodis McDaniel
Middle school
Roseway Heights
Elementary school
Scott

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$5,693 (2025)

Location

4523 NE 81st Ave, Portland, OR 97218

Map showing the location of 4523 NE 81st Ave, Portland, OR 97218
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,204 /mo

20% · $65,000
7.00%
Principal and interest
$1,730
Property tax (2025)
$474
Total
$2,204

Estimate only, and not an offer of credit. Assumes 20% down ($65,000) 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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