4523 NE 81st Ave Portland, OR 97218
Listing Courtesy of: MLS LogoRMLS / Listed By: Kim Chamness, Windermere Real Estate Columbia River Gorge, Inc.

  4523 NE 81st Ave Portland, OR 97218

Pending (6 Days)
$325,000 (USD)
2
BED
2
BATH
1,811
SQFT

Description

Bring your tools, creativity, and vision to unlock the potential of this promising NE Portland property. Situated on a beautiful tree-lined street where neighboring homes reflect pride of ownership, this home offers an excellent opportunity for investors, contractors, flippers, or buyers looking to build sweat equity.The main level features 1,011 square feet of living space, while the 800-square-foot full walkout basement opens the door to a variety of possibilities. Whether you're considering additional living space, a workshop, hobby area, or enhanced storage, the basement provides valuable flexibility for future improvements.Outside, you'll find a large garage, off-street parking, and a partially fenced yard with room to create an inviting outdoor living space. The location is hard to beat—just minutes from Portland International Airport (PDX), major commuter routes, shopping, dining, and everyday conveniences.Properties with this combination of location, neighborhood appeal, and upside potential are increasingly difficult to find. Whether you're searching for your next renovation project, rental investment, or starter home with room to grow, this property offers a rare chance to create value in an established Portland neighborhood. Opportunity, location, and potential—bring your vision and transform this diamond in the rough into something special. Property is being sold as-is and has been priced to reflect. ***OFFER DEADLINE TO BE TUESDAY 9/8/26 AT 9PM***

MLS #:
395020202
Taxes
$5,693(2025)
Lot Size
7,405 SQFT
Type
Single-Family Home
Year Built
1941
Style
1 Story
County
Multnomah County

Listed By

Kim Chamness, Windermere Real Estate Columbia River Gorge, Inc.
Source
RMLS
Last checked Sep 11 2026 at 6:57 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Laundry
  • Ceiling Fan(s)
  • Wall to Wall Carpet
  • Appliance: Dishwasher
  • Windows: Vinyl Frames
  • Appliance: Free-Standing Refrigerator
  • Appliance: Free-Standing Range
Lot Information
  • Level
Property Features
  • Fireplace: Wood Burning
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
Basement Information
  • Full Basement
  • Partially Finished
Exterior Features
  • Lap Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Oil
School Information
  • Elementary School: Scott
  • Middle School: Roseway Heights
  • High School: Leodis McDaniel
Garage
  • Attached
Parking
  • Driveway
Stories
  • 2
Living Area
  • 1,811 sqft
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 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 Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (9/10/26 23:57). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.