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Description Open House Details Location Market Trends Schools Recent Sales
$499,000 Est. $1,837 / mo.*

5255 Ne 24th Ave Portland , OR 97211

Listing courtesy of JMG - Jason Mitchell Group.

Description

2 Beds
1 Bath
1,508 Sqft
5,227 Sqft lot
0.12 Acre lot
Status: Active
Property Type: Singlefamilyresidence
Year Built: 1914
Neighborhood: Concordia / Alberta
Days on Website: 36
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.

Open House

Property Details and Features

Location
MLS Area Major:
_142
Subdivision Name:
CONCORDIA / ALBERTA
County Or Parish:
Multnomah
Property Access
Road Surface Type:
Concrete,Paved
Appliances & Equipment
Appliances:
Dishwasher,FreeStandingRange,FreeStandingRefrigerator
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Contact an Agent

Ted Williams

971 373-8294

Location

$499,000 -
5255 Ne 24th Ave Portland , OR 97211
MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 26, 2026 1:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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