$4,393 Closing Credit¹
#597539636, Bob Sisul, Listing Office: Harcourts Real Estate Network Group
$250,000 List price
5580 SE 120th Ave Portland, OR 97266
$2,969
Closing credit¹
2 beds
1 full
880 sqft
0.2 acres
$284 / sqft
House
Property details
About 5580 SE 120th Ave
Incredible Development Opportunity – Prime Location with Endless Potential! Discover this rare investment gem – a large, fully fenced property located at the end of a quiet dead-end street, offering both privacy and convenience. While the existing home was damaged by fire, the true value lies in the expansive, potentially subdividable lot, as confirmed by the seller. The city has provided valuable property information – be sure to check the attachment!Whether you're an investor, developer, or visionary homeowner, this lot presents huge possibilities: build multiple duplexes or multi-family units, remodel and restore the current structure, or enjoy a spacious yard with plenty of room for summer fun, entertaining, or even RV parking. The location is unbeatable — easy freeway access and close proximity to public transportation make it ideal for commuters and renters alike.Buyers are encouraged to perform their own due diligence. Don’t miss out on this versatile property with enormous upside potential!
Highlights
Home typeSingle Family Residence
StatusActive
Size880 sqft
Lot size0.19 Acres
Year built1951
ParkingStreet Parking
MLS #147854653
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Street Parking
- Architectural Style: 1 Story, Ranch
- Heating: None
- Cooling: None
- List Price: $250,000
- Price/SqFt: $284
- Annual Tax Amount: $3,142
- Tax Year: 2023
- Lot: Private, Level
- Directions: SE 122 W to Reedaway st, N to 120 Ave
- Year Built: 1951
- Stories: 1
- Living Area: 880 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 147854653
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: MORE Realty
- Office Phone: (503) 740-9777
- Listing Agent: Vladimir Zaharchook
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 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: 5/16/2025, 7:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$250,000
5580 SE 120th Ave
$2,969
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 28, 2017 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $133,690 | $3,142 |
| 2022 | $129,800 | $2,978 |
| 2021 | $126,020 | $2,978 |
| 2020 | $122,350 | $2,929 |
| 2018 | $88,600 | $1,913 |
| 2017 | $86,020 | $1,842 |
History based on county public records data.
Nearby schools
5
Gilbert Park Elementary School
Public District PK-5
0.6 mi
•13132 SE Ramona St
2
Gilbert Heights Elementary School
Public District PK-5
0.7 mi
•12839 SE Holgate Blvd
2
Earl Boyles Elementary School
Public District PK-5
1.0 mi
•10822 SE Bush St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,112. Typical income of Portland, OR residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
52%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
19%
Single, with Kids
20%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Little Caesars
What do the neighbors drive?
Nissan
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5580 SE 120th Ave
The listing price of 5580 SE 120th Ave property is $250,000.
The property 5580 SE 120th Ave is a house located in Portland, Oregon, 97266.
Active Listing: 5580 SE 120th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5580 SE 120th Ave are: Gilbert Park Elementary School (GreatSchools Rating 5/10), Gilbert Heights Elementary School (GreatSchools Rating 2/10), Earl Boyles Elementary School (GreatSchools Rating 2/10), Alice Ott Middle School (GreatSchools Rating 6/10), Ron Russell Middle School (GreatSchools Rating 3/10), Harrison Park Middle School (GreatSchools Rating 5/10), Leodis V. McDaniel High School (GreatSchools Rating 6/10), David Douglas High School (GreatSchools Rating 3/10), Centennial High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,142 (source: MLS/based on county public records data).
The last sale was on November 28, 2017 for $100,000 (source: MLS/tax record).
The property at 5580 SE 120th Ave has 2 bedrooms and 1 bathroom.
The property 5580 SE 120th Ave is 880 SqFt (source: MLS/tax record).
The year of construction for 5580 SE 120th Ave is 1951.
This home is located at 5580 SE 120th Ave in Portland, OR and zip code 97266 in the East Portland neighborhood. This 880 square foot home, which was built in 1951, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $250,000.
Over 338 listings were sold over their listed price in April 2025 in Portland, OR. In the same period over 313 listings were sold below the listed price and 186 listings were sold for the listed price. The number of listings in Portland, OR increased by 18.3% between March and April 2025. Listings spent 48 days on the market in April 2025, and had a median list price of $549,429 during the same period.
From Rocket Homes Real Estate and based on county public records data.