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  • $195,000

    5405 SE 97th Ave, Portland, OR 97266

    2beds
    924sqft
    Residential, Single Family Residence
    Built in 1929
    7,405.2 Square Feet Lot
    $249,600 Zestimate®
    $211/sqft
    $1,814 Estimated rent

    What's special

    Offer Recieved. Offer Deadline 7/31/25 at 5pm. Priced to Move – Major Fixer with Huge Potential... Opportunity awaits for the right investor, builder, or visionary buyer ready to roll up their sleeves. This two-bedroom, one-bath home sits on an oversized 0.17-acre lot and is priced to reflect the extensive work needed. This is not your average project—it will require a full rebuild or major renovation to bring it back to life. What makes this property shine is the land. The large, level lot offers space and flexibility that’s becoming increasingly rare at this price point. Whether you're considering a ground-up rebuild, adding an ADU, or creating a beautifully landscaped retreat, the possibilities here are wide open. The backyard is huge and private, offering a clean slate for your future plans. Conveniently located just minutes from I-205, with easy access to public transportation, this home sits in a well-connected East Portland neighborhood with strong rental and resale potential. You're never far from the essentials—shops, restaurants, parks, and services are just a short drive away, making this location ideal for future value and livability. With a solid footprint of 924 square feet on the main floor and an additional 396 square feet in the basement, this property offers the raw potential for something truly special. It’s a rare chance to buy a well-located lot at an accessible price point and make it entirely your own.Property to be sold as-is. Buyer to perform all due diligence.

    Zillow last checked: 7 hours ago

    Listing updated: August 20, 2025 at 12:58am

    Listed by:

    Katrina Brennan 503-915-3187,

    Keller Williams PDX Central

    Bought with:

    Peter Lysenko, 201244444

    Networth Realty Of Portland

    Source: RMLS (OR),MLS#: 257162019MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air
    Appliances
    • Included: Free-Standing Range
    Features
    • Flooring: Laminate
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 924
    • Total interior livable area: 924 sqft

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,405 sqft
    • Dimensions: 400 x 1890
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: R266270
    • Zoning: R5

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    Condition
    • Fixer
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $249,600