
Courtesy of Premiere Property Group, LLC

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$155,000
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.
7462 SE 51st Ave A, Portland, OR 97206

$911 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($31,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

Courtesy of Premiere Property Group, LLC

Courtesy of Windermere Realty Trust

Courtesy of Premiere Property Group, LLC

Courtesy of Oregon First
Courtesy of Move Real Estate Inc

Courtesy of Keller Williams Realty Portland Premiere

Courtesy of Premiere Property Group, LLC

Courtesy of Premiere Property Group, LLC
Courtesy of Cascade Hasson Sotheby's International Realty

Courtesy of Happy Homes Properties, Inc.

Courtesy of RE/MAX Equity Group
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