2371 SE 51ST AVE, Portland, OR 97215

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

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List Price
$799,999
Status
ACTIVE
Days on Market
16
MLS#
291424038
Subtype
Single Family Residence
Style
2 Story, Cottage
Year Built
1926
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
2,004
Lot Size
6,751
Acres
0.16
Subdivision
Treet 51st Add
Neighborhood
Treet 51st Add
MLS Area Major
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

Exterior Features
Covered Deck, Covered Patio, Fenced, Fire Pit, Yard
Property Description
2 Story, Cottage
Zoning
RM -1
Exterior Features
Covered Deck, Covered Patio, Fenced, Fire Pit, Yard
Stories
3
Parking
Driveway
Parking Features
Driveway
Garage Spaces
1
Elementary School
Atkinson
Middle School
Harrison Park
High School
Franklin

Listing courtesy of Works Real Estate.

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