2371 SE 51ST AVE, Portland, OR 97215

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

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Listing courtesy of Works Real Estate.

List Price
$799,999
Status
ACTIVE
MLS#
291424038
Days on Market
5
Bedrooms
3
Finished SqFt
2,004
Lot Size (sq ft)
6,751

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

Community
Treet 51st Add
Style
2 Story, Cottage
Basement
Finished, Full Basement
Year Built
1926
Exterior
Covered Deck, Covered Patio, Fenced, Fire Pit, Yard
Elementary School
Atkinson
Middle School
Harrison Park
High School
Franklin
Potential Terms
Cash, Conventional

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