5625 SE 83rd AVE Portland, OR $ 349,900
5625 SE 83rd AVE
$ 349,900
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5625 SE 83rd AVE

Portland, OR, 97266
$ 349,900
Baths1.0 Sq 616

Monthly Estimate*

$ 2,154

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Studio

Single Family Home for sale in Portland, OR

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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Single Family Active

Price

$ 349,900

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 2,684

Style

LiveWorkUnit,Studio

Lot Size

0.09

Year Built

1986

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

753120845

Features
Interior
Interior 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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General
Sewer 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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Exterior
Exterior 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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Internal Only
Street Number 1 5625
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* Excluded Features
List By
Realty First

Broker

503-998-4135

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Affordability Calculator

$2,378
Per Month
91%
9%
0%
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.
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Nearby
1950173 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
6/14/2026$349,900 Listed Price

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5625 SE 83rd AVE, Portland, OR, 97266 is a Single Family Home for sale at $349,900 with 616 sqft and a lot size of 0.09. 5625 SE 83rd AVE is a studio with 1.0 baths and was built in 1986. The property's zip code is 97266 which is in Portland, OR