$499000
-
2 Bed
-
1 Bath
-
1508 SqFt
-
0 DOM
-
Built: 1914
-
Status: Active
Love this home?
Rare opportunity to own a piece of Portland history in the heart of the coveted Concordia/Alberta neighborhood. This classic 1914 bungalow sits on a 5,000+ sq ft lot zoned R2.5 - one of Portland's most flexible residential designations - unlocking serious investment and development potential for the right buyer.With 1,508 sq ft spread across two levels plus a full unfinished basement, the bones here are exceptional: original hardwood floors, a wide covered front porch with classic columns, and charming dormered upper rooms full of character. The spacious backyard completes a canvas that is ready to be reimagined.Yes, this is a fixer - and that's the opportunity. Whether your vision is a fully restored craftsman showpiece, a modern remodel, or a multi-unit income property, the zoning supports it all.R2.5 zoning allows for detached houses, duplexes, triplexes, fourplexes, rowhouses, cottage clusters, and up to two ADUs on a site with a primary dwelling - making this lot a genuine value-add play in one of Portland's most walkable, transit-rich corridors. Stroll to the Alberta Arts District, NE Killingsworth restaurants and shops, or hop on nearby bus lines connecting you to the whole city.Priced to move - bring your contractor and your vision.
Listing Provided Courtesy of Tony Apa, JMG - Jason Mitchell Group
General Information
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119718648
-
SingleFamilyResidence
-
0 DOM
-
2
-
5227.2 SqFt
-
1
-
1508
-
1914
-
R2.5
-
Multnomah
-
R294970
-
Vernon
-
Vernon
-
Jefferson
-
Residential
-
SingleFamilyResidence
-
VERNON, BLOCK 12, LOT 14
Listing Provided Courtesy of Tony Apa, JMG - Jason Mitchell Group
PDXA1 Realty Group data last checked: Mar 21, 2026 21:47 | Listing last modified Mar 21, 2026 00:07,
Source:
Residence Information
-
222
-
643
-
643
-
1508
-
Floor
-
865
-
-
2
-
1
-
0
-
1
-
Composition
-
Detached
-
Stories2,Bungalow
-
OnStreet,ParkingPad
-
2
-
1914
-
No
-
-
Aluminum, LapSiding
-
FullBasement,Unfinished
-
-
-
FullBasement,Unfinis
-
ConcretePerimeter,Sl
-
AluminumFrames
-
Features and Utilities
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Coved, HardwoodFloors
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Dishwasher, FreeStandingRange, FreeStandingRefrigerator
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HardwoodFloors
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CoveredDeck, Porch, Yard
-
-
None
-
Gas
-
ForcedAir
-
PublicSewer
-
Gas
-
Gas
Financial
-
2384.08
-
0
-
-
-
-
Cash,Rehab
-
03-21-2026
-
-
No
-
No
Comparable Information
-
-
0
-
0
-
-
Cash,Rehab
-
$499,000
-
$499,000
-
-
Mar 21, 2026 00:07
Schools
Map
Listing courtesy of JMG - Jason Mitchell Group.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Mar 21, 2026 21:47 | Listing last modified Mar 21, 2026 00:07.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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