Preserve the charm of this existing home while making it your own! Renovation is currently underway, and pricing is subject to change as improvements are completed. Act now to personalize your finishes while there's still time. Depending on the final price point, upgrade options may include new kitchen cabinetry, quartz, a remodeled main-level bathroom, a brand-new upper-level bathroom with laundry, and additional custom enhancements.Situated in one of Portland's most sought-after neighborhoods, this property offers exceptional walkability just blocks from the vibrant Montavilla district, featuring popular restaurants, cafés, boutiques, and local shopping.Set on a 64' x 105' corner R5-zoned lot with alley access, this is a rare opportunity with outstanding flexibility for homeowners, investors, or developers. The property features an existing 1,558-square-foot home (sqft subject to change) plus an approximately 300-square-foot unfinished basement, creating endless possibilities for renovation, expansion, the addition of accessory dwelling units (buyer to verify), or future redevelopment.With strong upside potential, a highly desirable location, and valuable development opportunities, this is an investment that is becoming increasingly difficult to find in Portland.Buyer to verify square footage of home (subject to change with renovation ) and all development potential with the City. Sale is subject to successful PLA.
Active
$625,000
1039 SE 78th Ave, Portland, OR 97215
3beds
1,858sqft
Residential, Single Family Residence
Built in 1904
-- sqft lot
$-- Zestimate®
$336/sqft
$-- HOA
What's special
- 33 days |
- 1,273 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Gretchen Spring 503-964-7994,
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 489935276
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Office, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Electric Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Pantry
- Flooring: Hardwood, Wood
- Windows: Vinyl Frames, Wood Frames
- Basement: Unfinished
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,858 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, RV Access/Parking, RV Boat Storage, Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Yard
- Fencing: Fenced
Lot
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Additional structures: RVBoatStorage
- Parcel number: R198928
- Zoning: R5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding
- Foundation: Other
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1904
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $615,260
- Annual tax amount: $6,341
- Date on market: 6/10/2026
- Listing terms: Cash,Conventional,Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $625,000+56.3%$336/sqft |
Source:  RMLS (OR) #659066761 Report a problem | ||
| 5/13/2026 | Sold | $400,000$215/sqft |
Source: Public Record Report a problem | ||
| 10/22/2011 | Listing removed | $1,295$1/sqft |
Source: RentalHunt.com #196327 Report a problem | ||
| 9/15/2011 | Listed for rent | $1,295$1/sqft |
Source: RentalHunt.com #196327 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,341 +3.7% | $235,350 +3% |
| 2024 | $6,114 +4% | $228,500 +3% |
| 2023 | $5,879 +2.2% | $221,850 +3% |
| 2022 | $5,751 +1.7% | $215,390 +3% |
| 2021 | $5,654 +9% | $209,120 +3% |
| 2020 | $5,187 +3.8% | $203,030 +3% |
| 2019 | $4,996 | $197,120 +3% |
| 2018 | $4,996 +3% | $191,380 +3% |
| 2017 | $4,849 +14% | $185,810 +3% |
| 2016 | $4,253 | $180,400 +3% |
| 2015 | $4,253 +2.7% | $175,150 +3% |
| 2014 | $4,142 +4% | $170,050 +3% |
| 2013 | $3,984 +10.5% | $165,100 +3% |
| 2012 | $3,605 +3.9% | $160,300 +3% |
| 2011 | $3,469 +5.4% | $155,640 +3% |
| 2010 | $3,291 +2.7% | $151,110 +3% |
| 2009 | $3,205 +6% | $146,710 +3% |
| 2008 | $3,025 +0.3% | $142,440 +3% |
| 2007 | $3,016 +11.4% | $138,300 +3% |
| 2006 | $2,708 +4.7% | $134,280 +3% |
| 2005 | $2,587 -8.2% | $130,370 +3% |
| 2004 | $2,817 +2.3% | $126,580 +3% |
| 2003 | $2,755 +8.9% | $122,900 +3% |
| 2002 | $2,530 +7.4% | $119,330 +6.1% |
| 2000 | $2,357 +7.5% | $112,490 +3% |
| 1999 | $2,191 | $109,220 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Montavilla
Nearby schools
GreatSchools rating
- 9/10Bridger Creative Science SchoolGrades: K-8Distance: 0.3 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Bridger
- Middle: Bridger
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Multnomah County
- Portland
- 97215
- Montavilla
- 1039 SE 78th Ave
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