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New
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$499,000

For Sale

14 hours ago

5255 Ne 24 Th Ave, Portland, OR

House

MLS® 119718648

2 Bed

1 Bath

1508 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1508 sqft
Garage No
Taxes $2,384
Days Active 0
Lot Size 0.12 acres
Approx. Age 1914
Avg. Price Per Sqft $330
MLS® Number 119718648

Property Address: 5255 Ne 24th Ave, Portland, OR, 97211-6201

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number119718648
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1914
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 21, 2026List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
5255 Ne 24 Th Ave, Portland, OR

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