8687 SE 55TH AVE Portland, OR $ 645,000
8687 SE 55TH AVE
$ 645,000
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8687 SE 55TH AVE

Portland, OR, 97206
$ 645,000
Bedrooms2 Baths1.0 Sq 756

Monthly Estimate*

$ 3,971

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Single Family Home for sale in Portland, OR

for $645,000 with 2 bedrooms and 1 full bath. This 756 square foot home was built in 1938 on a lot size of 0.67.

A rare R-7 opportunity in unincorporated Clackamas County, offering the ideal balance of peaceful country living and everyday urban convenience on an expansive 2/3-acre (29,185 sq ft) lot. Beyond its immediate livability, this property offers exceptional long-term flexibility and multiple development pathways. Buyers may explore options such as building a new home on the property while retaining the existing home as an ADU, or pursuing higher-density strategies such as townhomes, cottage clusters, or adding multiple homes and ADUs, depending on zoning approvals and county requirements.This thoughtfully remodeled 2-bedroom, 1-bath home is paired with an impressive 45' x 20' detached shop featuring a loft w/bthrm. The property has been extensively updated throughout, including a newer roof, siding, interior and exterior paint, flooring, plumbing, and sheetrock, among other improvements creating a truly move-in-ready experience. Designed with durability and low maintenance in mind, the home and shop feature concrete flooring throughout, offering a clean, modern-industrial aesthetic with no carpet anywhere. This versatile property is built for lifestyle flexibility and future potential. Whether you need space for RVs, boats, trailers, equipment, hobbies, entertaining, or income-producing uses, the possibilities are wide open. The generous lot also presents exciting long-term investment or development opportunities.Enjoy a rare combination of functionality, charm, and opportunity, all set in a peaceful, farm-style setting just minutes from Sellwood, Eastmoreland, Richmond, downtown Portland, Lake Oswego, and surrounding amenities. The location also offers access to three major rivers for world-class fishing, skiing, and snowboarding within an hour, as well as nearby golf courses within minutes, all with the benefit of lower county taxes.A rare combination of function, location, and optionality in a tightening land market.

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Single Family Active

Price

$ 645,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,172

Style

Stories1,Craftsman

Lot Size

0.67

Year Built

1938

Town/City

Portland

County/Region

Clackamas

MLS | Web ID

316330936

Features
Interior
Interior Amenities ConcreteFloor Laundry Quartz TileFloor WasherDryer
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 1.0
Total Bedrooms 2
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange Microwave StainlessSteelAppliance
Zoning R-7
Garage Spaces 1.0
Architectural Style Stories1 Craftsman
Year Built 1938
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00068740
Accessibility AccessibleEntrance GarageonMain GroundLevel MainFloorBedroomBath OneLevel
County Clackamas
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions SE JOHNSON CREEK BLVD Go North on SE 55th then he
High School Milwaukie
City Portland
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 29185.0
Listing Terms CallListingAgent Cash Conventional
Elementary School Ardenwald
Tax Annual Amount 2172.45
Middle/Junior High School Rowe
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 159 GIBSONS SUB OF J A LOGAN TR PT LT 5
ADU False
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Exterior
Exterior Amenities Porch RVBoatStorage Yard
Parking Features Covered RVAccessParking
Lot Features Level Private Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Detached ExtraDeep Oversized
Exterior Description CementSiding
Foundation Details Slab
Building Area Total 756.0
Lot Size Acres 0.67
Road Surface Type Gravel
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Internal Only
Street Number 1 8687
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* Excluded Features
List By
Cascade Hasson Sotheby's International Realty

Broker

thomas@pdxinternational.com

Email

Affordability Calculator

$4,152
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950214 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$645,000 Listed Price

Map


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8687 SE 55TH AVE, Portland, OR, 97206 is a Single Family Home for sale at $645,000 with 756 sqft and a lot size of 0.67. 8687 SE 55TH AVE has 2 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 97206 which is in Portland, OR