5417 NE 15TH AVE Portland, OR $ 550,000
5417 NE 15TH AVE
$ 550,000
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5417 NE 15TH AVE

Portland, OR, 97211
$ 550,000
Bedrooms-- Baths-- Sq 1,936

Monthly Estimate*

$ 3,431

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Commercial Property for sale in Portland, OR

for $550,000. This 1,936 square foot building was built in 1914 on a lot size of 0.16.

New Price! Plus seller is offering toward buyers closing costs and rate buy down! Excellent location to build New Retail and Apartment complex with this CM2 zoning. Double lot with large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. Commercial/Mixed Use 2 zone. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas

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Commercial Pending

Price

$ 550,000

Property Type

Commercial

Taxes

$ 1,700

Style

LiveWorkUnit

Lot Size

0.16

Year Built

1914

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

240551500

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning CM2
Construction Materials FullBasement WoodSiding
Year Built 1914
Sale Includes Building Land
Stories Count 2
Amps 200
Property Subtype LiveWorkUnit
Tax Year 2024
Current Use Other
Parcel Number R294853
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Pending
Directions Killingsworth and 15th
City Portland
MLS Area _142
Lot Size Square Feet 6969.0
Listing Terms Cash Rehab
Tax Annual Amount 1700.83
Property Condition Existing
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description VERNON BLOCK 2 LOT 19&20
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Exterior
Road Frontage 68
Parking Features OffStreet OnStreet
Water Source PublicWater
Total Parking 6.0
Number of Buildings 2
Building Area Total 1936.0
Lot Dimensions 100x68
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 5417
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* Excluded Features
List By
Premiere Property Group Llc

Broker

crystal@crystalbacon.biz

Email

Affordability Calculator

$3,573
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$550,000 -7.56% Price Down
7/14/2025$595,000 -8.46% Price Down
4/11/2025$650,000 Listed Price

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5417 NE 15TH AVE, Portland, OR, 97211 is a Commercial Property for sale at $550,000 with 1,936 sqft and a lot size of 0.16. 5417 NE 15TH AVE was built in 1914. The property's zip code is 97211 which is in Portland, OR