5625 SE 83rd AVE
Portland, OR, 97266 $ 349,900
Baths1.0 Sq 616 Monthly Estimate*
$ 2,154
Studio for $349,900 with 1 full bath. This 616 square foot home was built in 1986 on a lot size of 0.09.
Unique Southeast Portland Opportunity with Flexible CM3 Zoning!Discover the possibilities with this extensively remodeled 616-square-foot building situated on a 4,000-square-foot lot in a convenient Southeast Portland location with easy access to I-205. Whether you're seeking a live/work environment, creative studio space, or a property with future redevelopment potential, this versatile property offers numerous possibilities.Remodeling began in 2022, with the majority of improvements completed in 2025. Interior upgrades include durable wide-plank luxury vinyl plank flooring, fresh paint, new interior doors and trim, updated bathroom fixtures, LED lighting, and a roof-mounted HVAC system for year-round comfort.The thoughtfully designed interior includes a kitchenette with new cabinetry, quartz countertops, built-in microwave, refrigerator, shower, and an all-in-one washer/dryer unit, providing many of the conveniences desired for day-to-day occupancy.Outside, the spacious yard offers room for outdoor living, gardening, storage, hobbies, or future improvements. Three on-site parking spaces add convenience and functionality.Flexible CM3 zoning allows for a variety of commercial, office, mixed-use, and potential residential redevelopment opportunities. Future development possibilities may include a mixed-use project with residential units above commercial space or redevelopment into a larger structure, subject to City approval. Buyer to verify permitted uses and development potential with the City of Portland.A rare opportunity to acquire a move-in-ready property with modern updates, excellent accessibility, and long-term upside in a growing Southeast Portland locati
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FeaturesInteriorInterior Amenities LuxuryVinylPlank Quartz WasherDryer
Basement None
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 1.0
Total Bedrooms 0
Total Baths 1
1/2 Baths 0
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GeneralSewer PublicSewer
Heating HeatPump
Cooling CentralAir HeatPump
Roof Composition
Appliances Disposal FreeStandingRefrigerator Microwave Quartz SolidSurfaceCountertop StainlessSteelAppliance
Zoning CM3
Garage Spaces 0
Architectural Style LiveWorkUnit Studio
Year Built 1986
Stories Count 1
Property Subtype SingleFamilyResidence
Parcel Number R159040
Accessibility GroundLevel OneLevel
County Multnomah
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions Foster to 83rd
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Elementary School Woodmere
Tax Annual Amount 2684.81
Middle/Junior High School Lane
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EVELYN BLOCK 3 LOT 6
ADU False
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ExteriorExterior Amenities Yard
Parking Features OffStreet ParkingPad
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 616.0
Lot Dimensions 4000 SF
Lot Size Acres 0.09
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,154
- Monthly Property Taxes
- $224
- 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 $771,489
Percent of Sale Price 120%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950173 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/14/2026 | $349,900 | | Listed Price |