2371 SE 51ST AVE, Portland, OR 97215

$799,999
3
BD
3
BA
2,004
SqFt

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List Price
$799,999
Days on Market
3
Status
ACTIVE
MLS#
291424038
Bedrooms
3
Bathrooms
3
Living Area
2,004
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

Property Description

Exceptional Richmond District Opportunity | Remodeled Home + Development PotentialThis home offers 3 bedrooms, 3 full bathrooms, plus a fourth non-conforming bedroom in the finished basement. Set on an oversized lot, the home blends original character with modern updates and features flexible living spaces to suit a variety of needs. The lower level includes a separate exterior entrance and kitchenette—offering strong ADU potential and versatile options for multi-generational living, income-earning use, guest accommodations, or a home office.Enjoy a prime Richmond location close to Mt. Tabor, Division, and Hawthorne, with convenient access to neighborhood restaurants, parks, shopping, transit, and some of Portland's most desirable amenities.The sale includes an additional lot to the west, opening the door to an incredible lawn, expanded garden, or further development potential. The seller has also invested in engineer-ready plans to build two detached cottages, making this a rare development and investment opportunity on an established, oversized parcel.Buyer to perform their own due diligence regarding zoning and building potential.

Additional Information

Tax Amount
$5,734
Year Built
1926
High School
Franklin
Elementary School
Atkinson
Middle School
Harrison Park
Fireplaces Total
1
Garage Spaces
1
Garage Type
Detached
Acres
0.16
Living Area
2,004
Stories
3
Subdivision
Treet 51st Add
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Upper
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Exterior Description
Metal Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, Cottage
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Covered Deck, Covered Patio, Fenced, Fire Pit, Yard
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Works Real Estate.

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