640 SE 47th Ave, Portland, OR 97215

Local realty services provided by:Columbia River Realty ERA Powered
640 SE 47th Ave,Portland, OR 97215
$699,900
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:506469815
Source:PORTLAND

Price summary

  • Price:$699,900

About this home

Redevelopment opportunity in Portland’s Sunnyside neighborhood offering a well-located land value play for investors and builders. The property spans approximately 0.21 acres with favorable 50 × 180 dimensions and is zoned R2.5, providing flexibility for future residential use consistent with zoning allowances, subject to buyer due diligence and City approvals. An existing residence is currently located on the property, with sewer, water, and electric services already present and available for connection, potentially reducing upfront infrastructure costs. The site is being marketed primarily for its land value and redevelopment potential rather than the existing structure. Positioned near the Belmont and Hawthorne corridors, the location benefits from strong housing demand, walkability, transit access, and proximity to neighborhood amenities that continue to support long-term value in the Sunnyside area. An attractive opportunity for those seeking to reposition a sizable infill lot in

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Home facts

  • Listing ID #:506469815
  • Added:1 day(s) ago
  • Updated:January 30, 2026 at 12:20 PM

Structure and exterior

  • Lot area:0.21 Acres

Schools

  • High school:Franklin
  • Middle school:Mt Tabor
  • Elementary school:Glencoe

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$699,900
  • Tax amount:$5,753 (2025)
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 Columbia River 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: January 30, 2026

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