Prime Land in Desirable
For Sale
$170,000
7462 SE 51ST Ave, Portland, OR 97206
LAND - Portland, OR
Property SizeContact for details
Lot Size0.06 Acres
Days on Market120
Property Features for 7462 SE 51ST Ave
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning
R5
Elementary school
Lewis
Middle school
Sellwood
High school
Cleveland
Directions
SE Johnson Creek Blvd, R on SE Flavel Dr, R on SE 51st Ave.
Subdivision
_143
Standard status
Active
APN
R696825
Lot size
0.06 Acres
Taxes and HOA fees
Tax Description
ERROL HTS, BLOCK 14, LOT 39
Tax Annual Amount
1038
Legal Description
ERROL HTS, BLOCK 14, LOT 39
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Nick Shivers · License #200209063
(503) 389-0821
Added: Apr 8
Changed: Jun 23
Last Checked: Aug 5 at 4:06PM
MLS# 191545701
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents an opportunity for developers and investors. It is located in a desirable neighborhood known for its convenience and amenities. The 0.06-acre lot offers flexibility, supported by R5 zoning that allows for various residential structures. The seller offers a build-to-suit option for qualified buyers, featuring a designed home with an attached, already-approved ADU. The land is positioned as a canvas for a future project. Located in an area rated as "very walkable" and a "biker's paradise," future residents will have access to schools, parks, dining, and shopping. Outdoor and lifestyle amenities include the nearby Eastmoreland Golf Course, with Reed College a short 5-minute drive away. The property is suited 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.
- R2.5 zoning allows for diverse development options: single‑family homes, duplexes, triplexes, fourplexes, and ADUs.
- Build‑to‑suit option available with an already‑approved ADU for qualified buyers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Development opportunity in a walkable, bike-friendly Portland location.
Where is this land located?
The property is located at 7462 SE 51ST Ave 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.; R2.5 zoning allows for diverse development options: single‑family homes, duplexes, triplexes, fourplexes, and ADUs.; Build‑to‑suit option available with an already‑approved ADU for qualified buyers.
