# 7462 SE 51ST Ave #A, Portland, OR 97206 > **TL;DR:** land, $155,000. Est. $829/mo. Listed 208 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $155,000 | | Lot Size | 2,614 sqft (0.06 acres) | | Property Type | Land (Single Family Residence) | | Status | Active | | Days on Market | 208 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $784 | | Estimated Insurance | $45 | | **Total** | **$829** | ## Nearby Schools - **Elementary:** Lewis - **Middle:** Sellwood - **High:** Cleveland ## Property Highlights - 0.06 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 7462 SE 51ST Ave #A, Portland, OR 97206 - **County:** Multnomah - **Coordinates:** 45.46889, -122.61072 - **Google Maps:** https://www.google.com/maps?q=45.46889,-122.61072 ## Listing Agent - **Name:** Nick Shivers - **Brokerage:** EXP REALTY LLC - **Broker Phone:** (888) 814-9613 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7462-SE-51st-Ave_Portland_OR_97206_M90782-76714?f=listhub&s=RMLSOR&m=191545701&c=propsimple) ## Photos ![7462 SE 51ST Ave #A - Photo 1](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f571371412r.jpg) ![7462 SE 51ST Ave #A - Photo 2](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f1722433695r.jpg) ![7462 SE 51ST Ave #A - Photo 3](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f3730741498r.jpg) ![7462 SE 51ST Ave #A - Photo 4](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f1257851334r.jpg) ![7462 SE 51ST Ave #A - Photo 5](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f809048644r.jpg) ![7462 SE 51ST Ave #A - Photo 6](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f1974741558r.jpg) ![7462 SE 51ST Ave #A - Photo 7](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f1853544234r.jpg) ![7462 SE 51ST Ave #A - Photo 8](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f2326657063r.jpg) ![7462 SE 51ST Ave #A - Photo 9](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f3544641769r.jpg) ![7462 SE 51ST Ave #A - Photo 10](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f960418345r.jpg) ![7462 SE 51ST Ave #A - Photo 11](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f1558821553r.jpg) ![7462 SE 51ST Ave #A - Photo 12](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f2113639210r.jpg) ![7462 SE 51ST Ave #A - Photo 13](http://lh.rdcpix.com/cefcac0a67d1a28784d0a8e1a9c97ed7l-f56292796r.jpg) --- **MLS#:** 191545701 | **Updated:** 2026-10-19 **Source:** listhub *Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/7462-se-51st-ave-portland-or-97206-541c3d899d8f4fb7a2a164085e02575c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7462-se-51st-ave-portland-or-97206-541c3d899d8f4fb7a2a164085e02575c#listing", "url": "https://www.propertysimple.ai/listing/7462-se-51st-ave-portland-or-97206-541c3d899d8f4fb7a2a164085e02575c", "name": "7462 SE 51ST Ave #A, Portland, OR 97206", "description": "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. 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