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5516 NE 24th Ave, Portland, OR, 97211

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
1 Full Bath
1,813 SqFt
$275/SqFt
House

Location

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5516 NE 24th Ave, Portland$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking
Garage1 space
Year Built1943
HeatingForced Air
BasementYes
FireplaceWood Burning
MLS #24005038
Lot Size0.12 Acres
StatusActive

About 5516 NE 24th Ave

Unlock the full potential of this 1943 ranch, situated in the desirable Concordia Neighborhood of NE Portland. This two-bedroom, one bath home is a canvas ready for your creativity and personal touches. Original hardwood floors, picture rail moldings, and a cozy wood-burning fireplace create a warm and inviting atmosphere. An additional 855 square feet in the partially finished basement offers versatility and potential, with both interior access from upstairs as well as its own door from the outside. Add additional sleeping and/or entertainment areas, or a separate living space altogether. The detached garage with alley access offers flexibility for parking or potential conversion to an ADU (Buyer to verify with The City of Portland). From here, you are just steps away from the vibrant Alberta Arts District, home to a myriad of restaurants, eateries, shops, and the renowned Last Thursday Arts Walk. Enjoy local culture at one of Portland’s largest neighborhood street fairs or at a beloved music venue right in Concordia. Opportunity awaits—roll up your sleeves and add your personal touches to make this charming house your dream home. Schedule your tour today and imagine the possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1943
  • Stories: 2
  • Living Area: 1,813 SqFt

Listing Office:

  • Office Name: Hildebrand Realty
  • Office Email: Sunny@HildebrandRealty.com
  • Listing Agent: Sunny Hildebrand, Serena Weatherly

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Tile
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Porch, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Street Parking

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: NE 24th between NE Ainsworth and NE Killingsworth

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $3,427
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

5516 NE 24th Ave vs Portland

1 DAY ON ROCKET

-53 Days

$499,000

-$43.3K Less

$275/SqFt

-$41 Less

KEY TAKEAWAY

This property is $43.3K less than the Median Sold Price and $41/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24005038

Listing Office:

  • Office Name: Hildebrand Realty
  • Office Email: Sunny@HildebrandRealty.com
  • Listing Agent: Sunny Hildebrand, Serena Weatherly

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,427$134,140
2018$3,204$126,450
2017$3,071$122,770

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-784980
10
/10

  • Sabin Elementary School

  • 4013 NE 18th Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-784981
7
/10

  • Dr. Martin Luther King Jr. Elementary School

  • 4906 NE 6th Ave

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-784982
7
/10

  • Woodlawn Elementary School

  • 7200 NE 11th Ave

  • 1.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,934. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5516 NE 24th Ave

What is the listing price of this property?

The listing price of 5516 NE 24th Ave property is $499,000.

What type of property is this?

The property 5516 NE 24th Ave is a house located in Portland, Oregon, 97211.

Is this property for sale now?

Active Listing: 5516 NE 24th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,427 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5516 NE 24th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5516 NE 24th Ave is 1,813 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5516 NE 24th Ave is 1943.

Rocket Homes›Oregon›Multnomah County›Portland›97211›5516 NE 24th Ave

This home is located at 5516 NE 24th Ave in Portland, OR and zip code 97211 in the Concordia neighborhood. This 1,813 square foot home, which was built in 1943, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $499,000.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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