5255 NE 24TH AVE, Portland, OR 97211
- $474,900
- 2
- BD
- 1
- BA
- 1,508
- SqFt
- List Price
- $474,900
- Price Change
- ▼ $24,100 1782275875
- Days on Market
- 130
- Status
- ACTIVE
- MLS#
- 119718648
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,508
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Northeast
Property Description
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.
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Additional Information
- Tax Amount
- $2,384
- Year Built
- 1914
- High School
- Jefferson
- Elementary School
- Vernon
- Middle School
- Vernon
- Garage Type
- Detached
- Acres
- 0.12
- Living Area
- 1,508
- Stories
- 2
- Subdivision
- CONCORDIA / ALBERTA
- Property Type
- Single Family Residence
- Terms
- Cash, Rehab
- Master Bedroom Level
- Main
- Cooling Description
- None
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hot Water Description
- Gas
- Exterior Description
- Aluminum, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 2 Story, Bungalow
- Parking
- On Street, Parking Pad
- Parking Description
- On Street, Parking Pad
- Road Surface
- Concrete, Paved
- Exterior Features
- Covered Deck, Porch, Yard
- Interior Features
- Hardwood Floors
- Kitchen Appliances
- Dishwasher, Free-Standing Range, Free-Standing Refrigerator
Mortgage Calculator
Listing courtesy of JMG - Jason Mitchell Group.
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