5751 SE 87TH AVE, Portland, OR 97266
LENTS · Multnomah County
Key Facts
Description
Opportunity knocks in SE Portland. More than just square footage, this home offers flexibility, potential and space to reimagine what’s possible. With 3 bedrooms, 2 bathrooms and two expansive bonus spaces, the layout creates room to expand, adapt or generate additional income. On the main level, hardwood floors run throughout, complemented by an expansive living room with coved ceilings that opens to the dining area and flows into the kitchen. Oversized rooms and a primary bedroom with direct access to the back deck create a seamless blend of indoor comfort and outdoor living. The upper level features a loft style bonus space with ample storage. Downstairs, the lower level offers a separate bonus area with exterior entry, bedroom, full bathroom and storage presenting strong potential for ADU or private living quarters. This home is zoned CG which offers a rare opportunity to explore a variety of uses, whether you’re looking to renovate, rent or redevelop. Its proximity to transit, MAX lines and freeway access only adds to its long term value and accessibility.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1946
Stories
3
Living Area
1,976 sq ft
Lot Size
0.12 acres
Garage Spaces
1
Parking Spaces
1
Zoning
CG
Days on Market
2
MLS® Listing#
347978387
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Kelly
- Middle:
- Lane
- High:
- Franklin
Financial Details
HOA
None
Annual Taxes
$4,871
Tax year 2025
Parcel Number
R221749
Directions
E on Foster, S on 87th, property on R
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Portland, OR
- $507,009
- Median Listing Price
- 173
- Median Days on Market
- 1,572
- Median Sq Ft
- $327
- Median Price / Sq Ft
- 2,279
- Active Listings
- This home’s price is 41% below the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Portland, OR.
Location
Points of Interest in Portland, OR
Showing the Portland area map.
Nearby Schools
The Earth Tortoise School
School · 0.0 mi away
The Village Freeschool
School · 0.0 mi away
Woodmere Elementary School
Elementary · 0.6 mi away
Lent Elementary School
Elementary · 0.6 mi away
Kelly Elementary School
Elementary · 0.6 mi away
Marysville Elementary School
Elementary · 0.6 mi away
Whitman Elementary School
Elementary · 1.1 mi away
Arleta Elementary School
Elementary · 1.2 mi away
Bridge City Montessori School
Elementary · 1.2 mi away
Schools Public
School · 1.2 mi away
Multnomah Education Service District
School · 1.2 mi away
Slavic Christian Academy
School · 1.2 mi away
Columbia School of English
School · 1.2 mi away
The Nest Playschool
School · 1.3 mi away
Mt Scott Learning Center
Elementary · 1.4 mi away
Kellogg Middle School
Secondary · 1.5 mi away
Lane Middle School
Secondary · 1.5 mi away
Curious Gardeners Preschool
School · 1.5 mi away
Ron Russell Middle School
Elementary · 1.5 mi away
Green Thumb School
School · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12904 SE RAMONA ST, Portland, OR | $210,000 | 3 | 2 | 1,279 |
| 10820 SW MEADOWBROOK DR 62, Portland, OR | $214,000 | 2 | 1 | 914 |
| 12132 SE PARDEE ST, Portland, OR | $214,499 | 3 | 2 | 1,274 |
| 15946 NE FREMONT ST, Portland, OR | $214,999 | 3 | 2 | 1,073 |
| 12300 SE MAIN ST, Portland, OR | $215,000 | 2 | 1 | 962 |
| 12642 NW BARNES RD 8, Portland, OR | $217,000 | 2 | 1 | 812 |
Moving Cost Estimate
EXIT Agents in Portland
Listing Courtesy: John L. Scott Market Center - 5033599100
Presented by: Amanda Tardio
Last Updated: 2026-03-19