$5,461

closing credit¹

506 NE Lawrence Ave Portland, OR 97232

$459,900
2 beds
2 full
1,136 sqft
0.02 acres
$405 / sqft
Townhouse

Property details

About 506 NE Lawrence Ave

OPEN HOUSE, 2/8, 1-3!!! Live in the heart of one of Portland's most vibrant neighborhoods! This urban townhouse offers a unique blend of comfort, convenience, and opportunity. The bright, open living space is designed for modern living. Skylights flood the area with natural light, while a cozy gas fireplace and golden Bamboo floors add warmth and ambiance. The living room extends seamlessly to a private balcony, offering the perfect spot to relax or enjoy a morning coffee in the city’s dynamic atmosphere.This home is ideal for both personal living and professional use, thanks to its flexible zoning and thoughtful layout. The two well-separated master bedroom suites provide privacy and comfort, making the property suitable for roommates, guests, or a live/work setup. The lower-level suite includes access to a secluded back deck, creating a peaceful retreat amidst the urban buzz. Practical features abound, including ample storage space and private parking - the attached garage is an exciting find in this location! Additionally, the absence of HOA fees makes this an attractive option for homeowners and investors alike. Whether you're entertaining guests in the open-concept living area or enjoying a quiet evening on the deck, this townhouse offers a harmonious blend of style and functionality. Seller to provide an allowance for carpet and/or appliance replacement! This is a fantastic investment opportunity and a welcoming home in the heart of the city. Don't miss the chance to experience the best of Portland right outside your door with some of the city’s finest restaurants, lively entertainment, and cultural attractions within blocks. This home embodies the ultimate urban lifestyle! You will love living here! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235128]

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
CoolingAir Conditioning
Size1,136 sqft
Lot size0.02 Acres
Year built1997
MLS #24606300
Attached garage1 space
FireplaceGas Fireplace

Summary

  • MLS Number: 24606300
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Think Real Estate
  • Office Phone: (503) 847-2722
  • Listing Agent: Tom Cotter

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 © 2025 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: 2/7/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a balcony and a garage

$459,900

506 NE Lawrence Ave

$5,461

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 31, 1999
Home Sold
$134,900

Tax history

YearAssessmentProperty Tax
2023$201,990$5,352
2022$196,110$5,236
2021$190,400$5,236
2020$184,860$5,147
2018$174,260$4,415
2017$169,190$4,231

History based on county public records data.

Nearby schools

7

Buckman Elementary School

Public District KG-5

0.7 mi

320 SE 16th Ave

7

Irvington Elementary School

Public District KG-5

1.2 mi

1320 NE Brazee St

10

Alameda Elementary School

Public District KG-5

1.5 mi

2732 NE Fremont St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,730. Typical income of Portland, OR residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

55%
<35k
39%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

81%
Single, No Kids
5%
Single, with Kids
10%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
50%
18-34 yrs old
40%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 NE Lawrence Ave

This home is located at 506 NE Lawrence Ave in Portland, OR and zip code 97232 in the Southeast Portland neighborhood. This 1,136 square foot home, which was built in 1997, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $459,900.

Portland, OR housing market in January 2025 saw over 140 listings sold above listed price, more than 118 sold at listed price and over 247 sold below. Between December and January 2025, Portland, OR real estate market has seen increase in the number of listings by 6.6%. Listings spent 71 days on the market in January 2025, and had a median list price of $545,233 during the same period.

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

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