Prime Land in Desirable
7462 SE 51ST Ave, Portland, OR 97206
For Sale
$155,000
Land, Portland, OR
Property SizeContact for details
Lot Size0.06 Acres
Days on Market215
Property Features for 7462 SE 51ST Ave
General Information
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Elementary school
Middle school
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Legal Description
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Nick Shivers
(503) 389-0821
Added: Apr 8
Changed: Aug 19
Last Checked: Nov 8 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.
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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
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Location Intelligence
Trade Area within ½ mile
356
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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
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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 $155,000.
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.
