8687 SE 55TH AVE, Portland, OR 97206

$599,000
2
BD
2
BA
756
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
Price Change
▼ $46,000 1783565712
Days on Market
80
Status
ACTIVE
MLS#
316330936
Bedrooms
2
Bathrooms
2
Living Area
756
Lot Size
20, 000 SqFt to .99 Acres
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

A rare R-7 opportunity in unincorporated Clackamas County, offering the ideal balance of peaceful country living and everyday urban convenience on an expansive 2/3-acre (29,185 sq ft) lot. Beyond its immediate livability, this property offers exceptional long-term flexibility and multiple development pathways. Buyers may explore options such as building a new home on the property while retaining the existing home as an ADU, or pursuing higher-density strategies such as townhomes, cottage clusters, or adding multiple homes and ADUs, depending on zoning approvals and county requirements.This thoughtfully remodeled 2-bedroom, 1-bath home is paired with an impressive 45' x 20' detached shop featuring a loft w/bthrm. The property has been extensively updated throughout, including a newer roof, siding, interior and exterior paint, flooring, plumbing, and sheetrock, among other improvements creating a truly move-in-ready experience. Designed with durability and low maintenance in mind, the home and shop feature concrete flooring throughout, offering a clean, modern-industrial aesthetic with no carpet anywhere. This versatile property is built for lifestyle flexibility and future potential. Whether you need space for RVs, boats, trailers, equipment, hobbies, entertaining, or income-producing uses, the possibilities are wide open. The generous lot also presents exciting long-term investment or development opportunities.Enjoy a rare combination of functionality, charm, and opportunity, all set in a peaceful, farm-style setting just minutes from Sellwood, Eastmoreland, Richmond, downtown Portland, Lake Oswego, and surrounding amenities. The location also offers access to three major rivers for world-class fishing, skiing, and snowboarding within an hour, as well as nearby golf courses within minutes, all with the benefit of lower county taxes.A rare combination of function, location, and optionality in a tightening land market.

Additional Information

Tax Amount
$2,172
Year Built
1938
High School
Milwaukie
Elementary School
Ardenwald
Middle School
Rowe
Garage Spaces
1
Garage Type
Detached, Extra Deep, Oversized
Acres
0.67
Living Area
756
Stories
1
Property Type
Single Family Residence
Terms
Call Listing Agent, Cash, Conventional
Accessibility Features
Accessible Entrance, Garage on Main, Ground Level, Main Floor Bedroom w/Bath, One Level
Master Bedroom Level
Main
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Craftsman
View
Territorial, Trees/Woods
Parking
Covered, RV Access/Parking
Parking Description
Covered, RV Access/Parking
Road Surface
Gravel
Exterior Features
Porch, RV/Boat Storage, Yard
Interior Features
Concrete Floor, Laundry, Quartz, Tile Floor, Washer/Dryer
Kitchen Appliances
Dishwasher, Disposal, Free-Standing Range, Microwave, Stainless Steel Appliance(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cascade Hasson Sotheby's International Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.