5255 NE 24th Ave

Portland, OR 97211
  • $499,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,508

    SqFt

About the Listing JMGR01 - APAANTHO,CLARKEC

Rare opportunity to own a piece of Portland history in the heart of the coveted Concordia/Alberta neighborhood. This classic 1914 bungalow sits on a 5,000+ sq ft lot zoned R2.5 - one of Portland's most flexible residential designations - unlocking serious investment and development potential for the right buyer.With 1,508 sq ft spread across two levels plus a full unfinished basement, the bones here are exceptional: original hardwood floors, a wide covered front porch with classic columns, and charming dormered upper rooms full of character. The spacious backyard completes a canvas that is ready to be reimagined.Yes, this is a fixer - and that's the opportunity. Whether your vision is a fully restored craftsman showpiece, a modern remodel, or a multi-unit income property, the zoning supports it all.R2.5 zoning allows for detached houses, duplexes, triplexes, fourplexes, rowhouses, cottage clusters, and up to two ADUs on a site with a primary dwelling - making this lot a genuine value-add play in one of Portland's most walkable, transit-rich corridors. Stroll to the Alberta Arts District, NE Killingsworth restaurants and shops, or hop on nearby bus lines connecting you to the whole city.Priced to move - bring your contractor and your vision.

Listing Highlights

Status Active
Days on Site 26
Property Type Residential
MLS ® 119718648
Year Built 1914
Total Square Footage 1,508
Lot/Acreage 0.12
County Multnomah
Elementary School Vernon
Middle School Vernon
High School Jefferson

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: R2.5
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Detached

Financial Details

  • Tax Amount: $2,384
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R294970
  • Tax Year: N/A

Payment Calculator

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Questions About..

5255 NE 24th Ave Portland, OR 97211

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Originating MLS: Regional Multiple Listing Service, Inc.

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