7462 SE 51ST Ave, Portland, OR 97206

Exceptional opportunity for developers and investors alike. This property is ideally positioned in a highly desirable neighborhood known for its convenience and strong amenities. With less than $36,000 remaining in permit fees, you're close to breaking ground and bringing your vision to life. For qualified buyers, the seller offers a build-to-suit option featuring a thoughtfully designed home with an attached, already-approved ADU. The .06-acre lot offers impressive flexibility, supported by R2.5 zoning that allows for single-family homes, duplexes, triplexes, fourplexes, and ADUs. The true value is in the land, a blank canvas ready for your next project. Located in an area rated as "very walkable" and a "biker's paradise," future residents will enjoy easy access to schools, parks, dining, and shopping. Outdoor and lifestyle perks include nearby Eastmoreland Golf Course, while Reed College is just a quick 5-minute drive. Whether you're planning a dream home, townhome development, or a custom build, this is a rare chance to create something special in a prime location.