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.
Pending
Price increase: $25K (8/2)
$250,000
5405 SE 97th Ave, Portland, OR 97266
2beds
924sqft
Est.:
Residential, Single Family Residence
Built in 1929
7,405.2 Square Feet Lot
$229,100 Zestimate®
$271/sqft
$-- HOA
What's special
Large level lot
- 8 days
- on Zillow |
- 618 |
- 26 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:27pm
Listed by:
Katrina Brennan 503-915-3187,
Keller Williams PDX Central
Source: RMLS (OR),MLS#: 257162019

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
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: 7,405.2 Square Feet
- 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 & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $278,150
- Annual tax amount: $3,621
- Date on market: 7/28/2025
- Listing terms: Cash
- Road surface type: Paved
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