Exceptional Richmond District Opportunity | Remodeled Home + Development PotentialThis home offers 3 bedrooms, 3 full bathrooms, plus a fourth non-conforming bedroom in the finished basement. Set on an oversized lot, the home blends original character with modern updates and features flexible living spaces to suit a variety of needs. The lower level includes a separate exterior entrance and kitchenette—offering strong ADU potential and versatile options for multi-generational living, income-earning use, guest accommodations, or a home office.Enjoy a prime Richmond location close to Mt. Tabor, Division, and Hawthorne, with convenient access to neighborhood restaurants, parks, shopping, transit, and some of Portland's most desirable amenities.The sale includes an additional lot to the west, opening the door to an incredible lawn, expanded garden, or further development potential. The seller has also invested in engineer-ready plans to build two detached cottages, making this a rare development and investment opportunity on an established, oversized parcel.Buyer to perform their own due diligence regarding zoning and building potential.
Active
$799,999
2371 SE 51st Ave, Portland, OR 97215
3beds
2,004sqft
Residential, Single Family Residence
Built in 1926
6,751 Square Feet Lot
$-- Zestimate®
$399/sqft
$-- HOA
What's special
Expanded gardenFlexible living spacesEstablished oversized parcelIncredible lawnOversized lot
- 1 day
- 340
- 42
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jordan Snook jordan@pdxworksrealestate.com,
Works Real Estate
Source: RMLS (OR),MLS#: 291424038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: 2nd Kitchen, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood
Features
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,004
- Total interior livable area: 2,004 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 3
- Patio & porch: Covered Deck, Covered Patio
- Exterior features: Fire Pit, Yard
- Fencing: Fenced
Lot
- Size: 6,751 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Additional parcels included: R162688
- Parcel number: R162689
- Zoning: RM -1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential, Single Family Residence
Materials
- Metal Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1926
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Treet 51st Add
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $538,060
- Annual tax amount: $5,734
- Date on market: 8/28/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $799,999+58.2%$399/sqft |
Source:  RMLS (OR) #291424038 Report a problem | ||
| 6/11/2025 | Sold | $505,750$252/sqft |
Source: RMLS (OR) #774585646 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,414 +3.7% | $200,910 +3% |
| 2024 | $5,219 +4% | $195,060 +3% |
| 2023 | $5,018 +2.2% | $189,380 +3% |
| 2022 | $4,910 +1.7% | $183,870 +3% |
| 2021 | $4,827 +9% | $178,520 +3% |
| 2020 | $4,428 +3.8% | $173,330 +3% |
| 2019 | $4,265 | $168,290 +3% |
| 2018 | $4,265 +3% | $163,390 +3% |
| 2017 | $4,140 +14% | $158,640 +3% |
| 2016 | $3,631 | $154,020 +3% |
| 2015 | $3,631 +2.7% | $149,540 +3% |
| 2014 | $3,536 +3.9% | $145,190 +3% |
| 2013 | $3,402 +10.5% | $140,970 +3% |
| 2012 | $3,078 +3.9% | $136,870 +3% |
| 2011 | $2,962 +5.4% | $132,890 +3% |
| 2010 | $2,810 +2.7% | $129,020 +3% |
| 2009 | $2,737 +6% | $125,270 +3% |
| 2008 | $2,583 +0.3% | $121,630 +3% |
| 2007 | $2,575 +11.3% | $118,090 +3% |
| 2006 | $2,313 +4.7% | $114,660 +3% |
| 2005 | $2,209 -8.2% | $111,330 +3% |
| 2004 | $2,406 +2.3% | $108,090 +3% |
| 2003 | $2,353 +8.9% | $104,950 +3% |
| 2002 | $2,161 +7.4% | $101,900 +6.1% |
| 2000 | $2,013 +7.5% | $96,060 +3% |
| 1999 | $1,871 | $93,270 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mount Tabor
Nearby schools
Schools provided by the listing agent
- Elementary: Atkinson
- Middle: Harrison Park
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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