8687 SE 55TH AVE
Portland, OR, 97206 $ 645,000
Bedrooms2 Baths1.0 Sq 756 Monthly Estimate*
$ 3,971
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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FeaturesInteriorInterior 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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GeneralSewer 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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ExteriorExterior 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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* Excluded FeaturesList ByCascade Hasson Sotheby's International RealtyBroker
thomas@pdxinternational.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $812,948
Percent of Sale Price 26%
About Portland, OR 67,396 Population
0% Since 2002
$ 0 Median Income
0 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950214 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2026 | $645,000 | | Listed Price |