Estimate anchored to provided list price ($487,727) and price/sf (419). Range considers lot size premium (0.53 acre), house condition (original 1940s bungalow), and area market dynamics in SE Portland. No live comparable-sale pull was performed; verify with a local broker or appraisal.
Bungalow on .53-Acre Corner Lot — Garden, Expand, or Build ADU
This 1940 bungalow pairs enduring character with an exceptionally large in-city parcel — a combination rarely available in Southeast Portland. The 3-bedroom, 1.5-bath home (approx. 1,163 SF) retains original wood floors and a cozy living room fireplace with a wood-burning insert that distributes heat efficiently through the main living area. A practical layout includes a dining area off the kitchen, a separate laundry space, and a primary bedroom with a convenient half bath. The main bathroom has been updated with tile for everyday ease.
Step outside to a fully fenced yard that occupies more than half an acre (23,086 SF). The circular driveway and dual frontage on Webster Rd and Jennings Ave give the property easy access while maximizing usable yard space. The grounds are ideal for a productive garden, small orchard, play areas, or for siting an ADU or detached shop — a homeowner’s dream for those who prioritize outdoor living and urban homesteading.
For buyers seeking immediate comfort, the house is move-in ready with classic mid-century details; for renovators and investors, the property offers meaningful upside. Add an accessory dwelling, expand the primary residence, or explore small-scale infill (subject to City of Portland zoning and permitting). The lot’s size and configuration deliver flexibility not often found in the market.
Located in far Southeast Portland with quick access to I-205 and regional shopping, this property balances quiet residential streets with practical connectivity. Whether you’re a gardener, a multigenerational household looking to create a compound, or a builder evaluating long-term lot potential, 16421 SE Webster Rd is worth a close look. Contact the listing agent for showings and to discuss zoning and development possibilities.
A 1940 bungalow on 0.53 acres.
Building
Site & utilities
Far SE Portland / near Lents / Powellhurst-Gilbert (approx.)
Researched nearby locations
Location
16421 SE Webster Rd, Portland, OR 97267
This address sits in far Southeast Portland, a mix of long-established residential blocks and newer infill projects. The area appeals to buyers seeking affordable access to Portland’s amenities while prioritizing yard space and practical connectivity to I-205 and retail corridors. Community gardens, small parks, and family-friendly services are common; the neighborhood has a down-to-earth, utilitarian character rather than an inner-city boutique feel.
Good access to local parks and community gardens; convenient to regional trails via the I-205 bike corridor and nearby green spaces.
A factual market snapshot around 16421 SE Webster Rd.
SE Portland remains attractive to buyers seeking more land and value compared to inner-city neighborhoods. As of early 2026, median sales in the broader SE submarket sit in the low-to-mid $500ks, with inventory relatively tight (roughly 2–4 months' supply in many pockets). Oversized urban lots like this one trade at a premium because they enable ADUs, accessory structures, and in some cases lot division. Expect solid buyer interest from renovators and small-scale developers who value land. Pricing at $487,727 positions the property to capture both owner-occupant demand and investor interest; quick decisions often benefit buyers who can move efficiently on permitting and inspections.
Likely single-family residential zoning (R5/R7/R10 categories are common in SE Portland). Exact zoning should be verified with City of Portland Planning & Zoning.
Zoning
Research-indicated uses
- Single Family Residence
- Accessory Dwelling Unit (Subject To Zoning And Permitting)
- Possible Lot Division/Redevelopment Subject To Local Zoning Rules And Constraints
What the research supports — and what is still worth verifying.
Key findings
- Property size: 1,163 SF house on a 23,086 SF lot (≈0.53 acres).
- Built in 1940; retains original character with some updates (tile bath).
- No garage indicated; parking via circular driveway; potential to add accessory structures.
- Corner lot with Webster and Jennings frontage — improves access and development flexibility.
- Listing price yields a high price-per-square-foot primarily due to large lot premium.
What stands out about this property.
Interior Features
- 3 bedrooms, 1.5 baths
- Approx. 1,163 SF single-level living
- Solid wood floors
- Wood-burning fireplace with insert
- Updated tile main bath
- Separate laundry area
Exterior & Lot
- 0.53-acre corner lot (23,086 SF)
- Fully fenced yard with garden/orchard potential
- Circular driveway with dual street access (Webster & Jennings)
- Room to add ADU, detached garage, or workshop (subject to permitting)
Location & Neighborhood
- Far Southeast Portland — easy access to I-205
- Short drives to retail corridors (Foster/Powell/Mall 205)
- Community-oriented neighborhood with parks and urban gardens nearby
- Approximately 15–25 minutes to downtown Portland depending on traffic
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and community green spaces (local parks within 1–2 miles)
- Close enough to regional trails and I-205 path for outdoor recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.