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7468 SE 51st Ave, Portland, OR, 97206

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Full Bath
738 SqFt
$405/SqFt
House
Schools Nearby

Location

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7468 SE 51st Ave, Portland$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking
Year Built1914
HeatingOther
MLS #24344897
Lot Size0.12 Acres
StatusActive

About 7468 SE 51st Ave

Fantastic property offering a great opportunity for developers and investors. Bring your investment expertise to this property situated in a sought-after neighborhood known for its convenience and amenities. This .12 acre lot has many possibilities. The R2.5 zoning allows for single family, duplexes, triplexes, fourplexes and ADU. The true value lies in the land, which presents a blank canvas for your project. Home on property for possible restoration is 2 bedroom, 1 bathroom. In a neighborhood with a "very walkable" and "biker's paradise" rating, residents enjoy easy access to nearby schools, multiple parks, restaurants, and shopping destinations. Golf enthusiasts will appreciate the proximity to the Eastmoreland Golf Course, while students and faculty will find Reed College is only 5 minutes away. Whether you envision building your dream home, townhome, or a custom-designed residence, don't miss this opportunity to create something truly special.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1914
  • Stories: 1
  • Living Area: 738 SqFt

Listing Office:

  • Office Name: Keller Williams PDX Central
  • Office Phone: (503) 548-4848
  • Listing Agent: Nick Shivers, Arthur Klassen

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Other

School Info

Assigned Schools Information:

  • Cleveland High School, Public District Grades 9-12
  • Sellwood Middle School, Public District Grades 6-8
  • Lewis Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-205, exit 16, L on SE Johnson Creek Blvd, R on SE Flavel Dr, R on SE 51st Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $405/SqFt

Tax Information:

  • Annual Amount: $1,628
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$539.4K

Med. Price/SqFt

$314

Avg. Days On Market

44

# of Sold Homes

611

7468 SE 51st Ave vs Portland

35 DAYS ON ROCKET

-9 Days

$299,000

-$240.4K Less

$405/SqFt

+$91 More

KEY TAKEAWAY

This property is $240.4K less than the Median Sold Price and $91/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24344897

Listing Office:

  • Office Name: Keller Williams PDX Central
  • Office Phone: (503) 548-4848
  • Listing Agent: Nick Shivers, Arthur Klassen

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2021Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,628$63,730
2018$3,110$122,770
2017$2,982$119,200

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1182821
4
/10

  • Lewis Elementary School

  • 4401 SE Evergreen St

  • 0.49 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1182822
8
/10

  • Sellwood Middle School

  • 8300 SE 15th Ave

  • 1.97 miles

  • Public District Grades 6-8

High School

school-card-donut-1182823
5
/10

  • Cleveland High School

  • 3400 SE 26th Ave

  • 2.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,831. The most common annual income of people living in Portland, OR is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7468 SE 51st Ave

What is the listing price of this property?

The listing price of 7468 SE 51st Ave property is $299,000.

What type of property is this?

The property 7468 SE 51st Ave is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 7468 SE 51st Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7468 SE 51st Ave are:
Lewis Elementary School: GreatSchools Rating 4/10
Sellwood Middle School: GreatSchools Rating 8/10
Cleveland High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,628 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 7, 2021 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7468 SE 51st Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7468 SE 51st Ave is 738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7468 SE 51st Ave is 1914.

Rocket Homes›Oregon›Multnomah County›Portland›97206›7468 SE 51st Ave

This home is located at 7468 SE 51st Ave in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 738 square foot home, which was built in 1914, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $299,000.

While more than 245 listings in Portland, OR in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 217 were sold below. In March 2024 in Portland, OR there were 8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 44 days, the median list price was $539,441.

From Rocket Homes Real Estate and based on county public records data.

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