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$349,900 Just Listed
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Property Description
Prime Southeast Portland Commercial Opportunity!Rare opportunity to own a versatile commercial property in a highly accessible SE Portland location with quick and convenient access to I-205. Situated on a 4,000 square foot lot and zoned CM3 (Commercial Mixed Use 3), this property offers exceptional flexibility for a variety of business uses. Flexible CM3 zoning allows for a wide variety of commercial, service, office, and mixed-use uses, offering significant future development potential. Development opportunities may include redevelopment into a larger commercial building or a mixed-use project with residential units above commercial space. Constructed in 1986 the building underwent extensive remodeling that began in 2022, with the majority of improvements completed in 2025. Upgrades include durable wide-plank luxury vinyl plank flooring, new interior doors and trim, updated bathroom fixtures, fresh interior paint, LED lighting, and a HVAC system for year-round comfort. The well-appointed breakroom features new kitchen cabinetry, quartz countertops, a built-in microwave, refrigerator, and added functionality with a shower and all in one washer/dryer unit. Three on-site parking spaces provide convenient access for employees and clients. The yard offers valuable outdoor space for storage, equipment, materials, or additional business operations. This property is ideal for a small business seeking office space combined with outdoor storage or work area. Potential uses may include a daycare, hair/nail salon, dog grooming/spa business, veterinary office, landscaping/construction contractor, professional office, service business, and many other commercial applications permitted under CM3 zoning. Whether you're an owner-user looking for a strategic business location, a small business seeking a highly visible and functional location, or an investor looking for future redevelopment potential, this move-in-ready property presents an outstanding opportunity.
Full Property Details
Full Property Details for 5625 SE 83rd Ave
General
- Price: $349,900
- Taxes: $2,684 (2025)
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 721399408
- Updated: 6/13/2026
- Added to Site: 3 day(s) ago
Parking
- Total Spaces: 3
- Parking Features: Off Street, On Site
Location
- County: Multnomah
- Driving Directions: Foster to 83rd
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Construction: Wood Frame, Wood Siding
- Roof: Composition
- Square Feet: 616
- Year Built: 1986
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Concrete, Paved
Financial Considerations
- Tax Amount: $2,684.81
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: EVELYN, BLOCK 3, LOT 6
- Property ID: R159040
Listed by Realty First (503) 343-5825, Greg Carnese (503) 998-4135
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Schools
Schools serving 5625 SE 83rd Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Woodmere Elementary School 7900 Southeast Duke Street, Portland, OR 97206 | K-5 | 0.5 mi |
Lane Middle School 7200 Southeast 60th Avenue, Portland, OR 97206 | 6-8 | 1.3 mi |
Franklin High School, Portland, OR 5405 Southeast Woodward Street, Portland, OR 97206 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5625 SE 83rd Ave
Date
Details
Price
Change
Source
6/13/2026
Listed
$349,900
37.22%
MLS
6/03/2021
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5625 SE 83rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,685
4%
$99,640
3%
2024
$2,588
4%
$96,740
3%
2023
$2,489
4%
$93,930
6%
2021
$2,394
-2%
$88,550
-3%
2022
$2,435
2%
$91,200
6%
2021
$2,394
13%
$85,980
3%
2019
$2,116
3%
$83,480
3%
2018
$2,054
4%
$81,050
3%
2017
$1,968
9%
$78,690
3%
2016
$1,801
8%
$76,400
3%
2015
$1,661
17%
$74,180
3%
2014
$1,420
3%
$72,020
3%
2013
$1,382
—
$69,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5625 SE 83rd Ave
5625 SE 83rd Ave, Portland, OR 97266 (MLS# 721399408) is a Commercial property. 5625 SE 83rd Ave is currently listed for $349,900 and was received on June 13, 2026. Want to learn more about 5625 SE 83rd Ave? Do you have questions about finding other Commercial real estate for sale in Lents? You can browse all Lents real estate or contact a Coldwell Banker agent to request more information.

