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Prime Development Land Opportunity
For Sale
$170,000

7462 SE 51ST #A, Portland, OR 97206

Desirable location, flexible zoning, ready for development.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market135

Property Features for 7462 SE 51ST #A

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,038
Listing Agency: EXP REALTY, LLC
Listed By: NICK SHIVERS · License #200209063
Source: Corcoran
Added: Apr 8 Changed: Aug 8 Last Checked: Jul 16 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC

Investment Insights

Based on property information with market context.

This property presents an opportunity for developers and investors. Situated in a desirable neighborhood, the location offers convenience and access to amenities. The 0.06-acre lot is zoned R2.5, supporting single-family homes, duplexes, triplexes, fourplexes, and Accessory Dwelling Units (ADUs). The seller offers a build-to-suit option for qualified buyers, including a home design with an attached, already-approved ADU. The property is located in an area with convenient access to schools, parks, dining, and shopping. Outdoor and lifestyle amenities include proximity to Eastmoreland Golf Course, and Reed College is a 5-minute drive away. The property is positioned for a dream home, townhome development, or a custom build in a prime location.

Key Highlights

  • Prime location in a highly desirable, walkable neighborhood with strong amenities and easy access to schools, parks, dining, and shopping.
  • R2.5 zoning allows for diverse development options: single‑family homes, duplexes, triplexes, fourplexes, and ADUs.
  • Build‑to‑suit option available from the seller, featuring a thoughtfully designed home with an already‑approved ADU (for qualified buyers).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Electrical Service Computer & Electronic Repair Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Desirable location, flexible zoning, ready for development.
Where is this residential land & home lot located?
The property is located at 7462 SE 51ST #A Portland, OR.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Prime location in a highly desirable, walkable neighborhood with strong amenities and easy access to schools, parks, dining, and shopping.; R2.5 zoning allows for diverse development options: single‑family homes, duplexes, triplexes, fourplexes, and ADUs.; Build‑to‑suit option available from the seller, featuring a thoughtfully designed home with an already‑approved ADU (for qualified buyers).
More about this property
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