5255 NE 24TH AVE, Portland, OR 97211
See all 39 photos
5255 NE 24TH AVE, Portland, OR 97211
5255 NE 24TH AVE, Portland, OR 97211
5255 NE 24TH AVE, Portland, OR 97211
5255 NE 24TH AVE, Portland, OR 97211
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Stephanie Noble

Stephanie Noble

+1(541) 514-4439
Listed by JMG - Jason Mitchell Group
$ 474,900
Est. payment /mo
Save
Price Dropped by $24K

5255 NE 24TH AVE Portland, OR 97211

2 Beds

1 Bath

1,508 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,508 sqft

Price per Sqft $314

Subdivision Concordia / Alberta

MLS Listing ID 119718648

Style Stories2, Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1914

Annual Tax Amount $2,384

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Single Family Residence

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.

Location

State OR

County Multnomah

Area _142

Zoning R2.5

Rooms

Basement Full Basement, Unfinished

Interior

Interior Features Hardwood Floors

Heating Forced Air

Cooling None

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature Covered Deck, Porch, Yard

Parking Features Detached

Roof Type Composition

Garage Yes

Building

Lot Description Level, Terraced

Story 2

Foundation Concrete Perimeter, Slab, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Senior Community No

Acceptable Financing Cash, Rehab

Listing Terms Cash, Rehab

Regional Multiple Listing Service (RMLS)
Stephanie Noble

Stephanie Noble

Principal Broker | License ID: 201233444

+1(541) 514-4439

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Stephanie Noble, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5255 NE 24TH AVE