Damonian Pike

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Listing provided courtesy of eXp Realty, LLC- MLS# 191545701MLS ProviderContact Information: 503-389-0821

7462 SE 51ST AVE #APortland, OR 97206

Vacant Land · 0.06 Acres
$170,000 Active

7462 SE 51ST AVE #A Overview

Time on Site:
82 days
Visits:
0

Exceptional opportunity for developers and investors alike. This property is ideally positioned in a highly desirable neighborhood known for its convenience and strong amenities. With less than $36,000 remaining in permit fees, you're close to breaking ground and bringing your vision to life. For qualified buyers, the seller offers a build-to-suit option featuring a thoughtfully designed home with an attached, already-approved ADU. The .06-acre lot offers impressive flexibility, supported by R2.5 zoning that allows for single-family homes, duplexes, triplexes, fourplexes, and ADUs. The true value is in the land, a blank canvas ready for your next project. Located in an area rated as 'very walkable' and a 'biker's paradise,' future residents will enjoy easy access to schools, parks, dining, and shopping. Outdoor and lifestyle perks include nearby Eastmoreland Golf Course, while Reed College is just a quick 5-minute drive. Whether you're planning a dream home, townhome development, or a custom build, this is a rare chance to create something special in a prime location.

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7462 SE 51ST AVE #A Facts & Features

  • Type Vacant Land
  • Lot 0.06 Acres

Details

General

School Information

  • Elementary School: Lewis
  • Middle Or Junior School: Sellwood
  • High School: Cleveland

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Tax Information

  • Tax Annual Amount: 1037.66
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R696825
  • Property Sub Type: Single Family Residence
  • Property Type: Land
  • Zoning: R5

Interior

Unit Information

  • Unit Number: A

Exterior

Lot Information

  • Lot Size Square Feet: 2613.0
  • Road Surface Type: Paved

General Information

  • Other Structures: Residence
  • Utilities: SewerConnected,WaterConnected

7462 SE 51ST AVE #A Neighborhood

Community

97206 (Portland) Demographics

38
Median Age
8,299
Population Density (per sq. mile)
50%
College Educated
$72,463
Estimated Median Income
13,816
Estimated Total Home Owners
7,395
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7462 SE 51ST AVE #A Market Data

Based on the last 30 days in this zip code

$479,414
Average List Price
$334
Average Price per Square Foot
53
Properties Sold
86
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

7462 SE 51ST AVE #A History

Date Event Value Agent
6/23/2026Source: Regional MLS Price Reduction
$170,000 -5.6%
4/8/2026Source: Regional MLS Added to Database
April 08, 2026