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4523 NE 81st Ave, Portland, OR 97218

$325,000

2 Photos

Property 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.

4523 NE 81st Ave | MLS# 395020202

This single family home located at 4523 NE 81st Ave, Portland, OR 97218 is currently listed for sale with an asking price of $325,000. This property was built in 1941 and has 2 bedrooms and 2 full baths with 1811 sq. ft. Search Portland real estate on ryanhoover.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full Basement, Partially Finished
Basement: Yes
Fenced: Yes
Fireplaces: 2
Fuel Type: Oil
Garage: 2 car attached
Heating: Forced Air
Home Style: 1 Story
Lot Size: 0.17 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,693
Year Built: 1941
Square Feet: 1,811

Feature Descriptions

Bathroom: 1.0 (Lower), 1.0 (Main)
Exterior: Covered Patio, Fenced
Exterior: Lap Siding
Fireplace: Wood Burning
Hot Water: Electricity
Interior: Ceiling Fan(s), Laundry, Wall to Wall Carpet
Kitchen: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
Lot: Level
Parking Notes: Attached, Driveway
Sewer: Public Sewer
Square Footage: 800 (Lower), 1011 (Main)
Water: Public Water

Local Schools

High School: Leodis McDaniel
Middle School: Roseway Heights
Elementary School: Scott

Listed By / Shown By

Listed By

Agency Name: Windermere CRG
Agency Phone: 541-386-3444

Shown By

Agent Name: Ryan Hoover Broker
Agent Phone: (541) 728-8627
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,212.59 per month $1,643.38 Principal & Interest $474.42 Property Tax $94.79 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/06/2026. The listing information on this page last changed on 09/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 09/06/2026 12:00:09 AM EST) or RMLS (last updated Sat 09/05/2026 11:55:34 PM EST) or COAR/MLSCO (last updated Sat 09/05/2026 11:51:20 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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