1039 SE 78th Ave, Portland, OR 97215

Portland
Local realty services provided by:Knipe Realty ERA Powered
1039 SE 78th Ave,Portland, OR 97215
$625,000
  • 3 Beds
  • - Baths
  • 1,858 sq. ft.
  • Single family
  • Active
Listed by: gretchen spring
Office: re/max equity group503-653-0607
MLS#:489935276
Source:PORTLAND

Price summary

  • Price:$625,000
  • Price per sq. ft.:$336.38

About this home

RENOVATE and PRESERVE the existing home, and put 2 detached ADU's in rear with ALLEY access. Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafés, and shopping. This CORNER 100x105’ R5-zoned lot with alley access offers approximately 10,500SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. CONFIRM existing lot line, create two 50x100 lots, build detached homes, add ADUs. Build a COTTAGE CLUSTER and take advantage of SDC waivers. The property includes an existing 1558 SF home plus a 300SF unfinished basement, ideal for renovation, additional units, or complete redevelopment. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.

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Home facts

  • Year built:1904
  • Listing ID #:489935276
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 11:21 PM

Rooms and interior

  • Bedrooms:3
  • Full bathrooms:1
  • Kitchen Description:Free Standing Range, Free Standing Refrigerator, Pantry
  • Basement Description:Unfinished
  • Living area:1,858 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1904
  • Building area:1,858 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Corner Lot, Level
  • Architectural Style:2 Story, Craftsman
  • Exterior Features:Fenced, RV Boat Storage, Yard
  • Levels:2 Stories

Schools

  • High school:Franklin
  • Middle school:Bridger
  • Elementary school:Bridger

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$336.38
  • Tax amount:$6,341

Features and amenities

  • Amenities:Hardwood Floors, High Ceilings, Laundry, Vinyl Frame Windows, Wood Floors, Wood Frame Windows

Parking

  • Total parking spaces:1
  • Parking description:Off Street, RV Access Parking
  • Garage spaces:1
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 Knipe Realty ERA Powered 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: June 10, 2026

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