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5417 NE 15th AvenuePortland, OR 97211Price: $550,000

  • Price: $550,000
  • Est. Mortgage of $/month
  • 404 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $550,000List Price
  • 3Bedrooms
  • 1Bathrooms
  • 0.16Acreage
  • 1,936Square Feet
Listed by Crystal Bacon of Premiere Property Group LLC
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Owner will entertain Owner Carry offer. Redevelopment Property. Perfectly located double commercial lot to build new mixed use Retail below and Apartments above with this CM2 zoning. Currently includes large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.https://www.portland.gov/sites/default/files/code/130-c-zones_0.pdf

Property Details of 5417 NE 15th Avenue

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Based on information submitted to OR_RMLS_WEB_API as of May 19, 2026 10:43 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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