Listing provided courtesy of Realty First- MLS# 753120845MLS ProviderContact Information: 503-998-4135

5625 SE 83rd AVEPortland, OR 97266

Single Family · 1 Full Bath · 616 Sq. ft. | 0.09 Acres
$349,900 Active

5625 SE 83rd AVE Overview

Time on Site:
16 days
Visits:
3

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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5625 SE 83rd AVE Facts & Features

  • Type Single Family
  • Sq. ft. 616
  • Price/Sq.ft. $568
  • Lot 0.09 Acres

Details

General

School Information

  • Elementary School: Woodmere
  • Middle Or Junior School: Lane
  • High School: Franklin

Building Information

  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Tax Information

  • Tax Annual Amount: 2684.81

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R159040
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: CM3

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 616.0

General Information

  • Accessibility Features: Ground Level,One Level
  • Appliances: Disposal,Free-Standing Refrigerator,Microwave,Quartz,Solid Surface Countertop,Stainless Steel Appliance(s)
  • Basement: None
  • Cooling: Central Air,Heat Pump
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump
  • Interior Features: Luxury Vinyl Plank,Quartz,Washer/Dryer
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Off Street,Parking Pad
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Dimensions: 4000 SF
  • Lot Size Square Feet: 3920.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Live Work Unit,Studio
  • Roof: Composition

General Information

  • Exterior Features: Yard
  • Sewer: Public Sewer

5625 SE 83rd AVE Neighborhood

Community

97266 (Portland) Demographics

37
Median Age
6,074
Population Density (per sq. mile)
34%
College Educated
$59,062
Estimated Median Income
7,421
Estimated Total Home Owners
6,018
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5625 SE 83rd AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5625 SE 83rd AVE Market Data

Based on the last 30 days in this zip code

$443,055
Average List Price
$273
Average Price per Square Foot
20
Properties Sold
92
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

5625 SE 83rd AVE History

Date Event Value Agent
6/13/2026Source: Regional MLS Added to Database
June 13, 2026
6/13/2026Source: Regional MLS Added to Database
June 13, 2026