5255 NE 24th Ave, Portland, OR 97211
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
5255 NE 24th Ave,Portland, OR 97211
$499,000
- 2 Beds
- 1 Baths
- 1,508 sq. ft.
- Single family
- Active
Listed by: tony apa, courtney clarke
Office: jmg - jason mitchell group
MLS#:119718648
Source:PORTLAND
Price summary
- Price:$499,000
- Price per sq. ft.:$330.9
About this home
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....
Contact an agent
Home facts
- Year built:1914
- Listing ID #:119718648
- Added:5 day(s) ago
- Updated:March 21, 2026 at 11:20 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Dishwasher, Free Standing Range, Free Standing Refrigerator
- Basement Description:Full Basement, Unfinished
- Living area:1,508 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1914
- Building area:1,508 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level, Terraced
- Architectural Style:2 Story, Bungalow
- Exterior Features:Covered Deck, Porch, Yard
- Foundation Description:Concrete Perimeter, Slab, Stem Wall
- Levels:2 Stories
Schools
- High school:Jefferson
- Middle school:Vernon
- Elementary school:Vernon
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$330.9
- Tax amount:$2,384 (2025)
Features and amenities
- Amenities:Aluminum Frame Windows, Hardwood Floors
Parking
- Parking description:On street, Parking Pad
New listings near 5255 NE 24th Ave
- New
$1,099,000Active5 beds 5 baths3,998 sq. ft.437 NE fargo St, Portland, OR 97212
MLS# 839084Listed by: DAT REAL ESTATE SOLUTIONS, PC - Open Sun, 1 to 3pmNew
$224,900Active1 beds 1 baths545 sq. ft.7232 N New York Ave, Portland, OR 97203
MLS# 105209571Listed by: WINDERMERE REALTY TRUST - Open Sat, 11am to 1pmNew
$365,000Active2 beds 1 baths746 sq. ft.3645 NE 116th Ave, Portland, OR 97220
MLS# 105272669Listed by: MORE REALTY - New
$1,450,000Active5 beds 5 baths5,099 sq. ft.9238 NW Murdock St, Portland, OR 97229
MLS# 165242571Listed by: REALTY WORKS GROUP - New
$899,900Active5 beds 4 baths2,858 sq. ft.3976 NE 12th Ave, Portland, OR 97212
MLS# 203173791Listed by: WORKS REAL ESTATE - New
$248,000Active1 beds 1 baths787 sq. ft.327 NW Park Ave #3B, Portland, OR 97209
MLS# 225301041Listed by: MORE REALTY - Open Sat, 12 to 2pmNew
$529,900Active3 beds 2 baths1,556 sq. ft.11920 SW North Dakota St, Portland, OR 97223
MLS# 309242047Listed by: LIVING ROOM REALTY - New
$259,000Active2 beds 2 baths1,135 sq. ft.1500 SW Skyline Blvd #24, Portland, OR 97221
MLS# 647903505Listed by: WORKS REAL ESTATE - New
$235,000Active1 beds 1 baths841 sq. ft.4460 SW Scholls Ferry Rd #6A, Portland, OR 97225
MLS# 661033831Listed by: RE/MAX EQUITY GROUP - New
$539,900Active2 beds 1 baths2,026 sq. ft.8944 N Clarendon Ave, Portland, OR 97203
MLS# 240166796Listed by: THE REAL ESTATE FIRM