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640 SE 47th Ave, Portland, OR 97215

Portland
Local realty services provided by:CENTURY 21 Agate Realty
640 SE 47th Ave,Portland, OR 97215
$650,000
  • - Acres
  • Lots / Land
  • Sold
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:506469815
Source:PORTLAND

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Price summary

  • Price:$650,000

About this home

A true hidden gem brimming with potential, perfectly positioned in one of PDX’s most desirable neighborhoods—just half a block from Belmont Street’s most popular restaurants, cafés, and shops. Develop your vision, pursue a profitable project, or create your own urban oasis—your call—and enjoy tacos at Por Que No? while you do it. This exceptional opportunity offers flexibility rarely found in such a coveted, walkable location and is well suited for a residential buyer, remodeler, or investor seeking meaningful upside. The generous extra-deep 50’ x 180’ lot spans approximately 9,000 square feet of valuable infill potential and is zoned R2.5. The property includes an existing home offering approximately 1,500 square feet of living space plus a 792 square foot unfinished basement, providing a solid foundation for renovation and long-term improvement. Buyers may choose to retain the exceptionally large yard as a private urban retreat, add additional units, pursue development behind the...

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Home facts

  • Listing ID #:506469815
  • Added:43 day(s) ago
  • Updated:March 14, 2026 at 06:14 AM

Structure and exterior

  • Lot Features:Brush, Public Road, Trees

Schools

  • High school:Franklin
  • Middle school:Mt Tabor
  • Elementary school:Glencoe

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$650,000
  • Tax amount:$5,753 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 14, 2026

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