Updated Hillsdale home with a permitted separate apartment that can help offset your housing costs and/or provide additional living space. The house offers a remodeled kitchen and newly remodeled bathrooms, plus updates to plumbing, electrical, sheetrock, and insulation throughout. Exterior paint completed in August 2026 adds to the recent improvements.The basement apartment rents for approximately $2,400 per month and features its own entrance and deck, providing independent space for short-term renters or guests.Separate from the apartment, a spacious basement storage and utility area offers room for household supplies and seasonal belongings. An 8-by-12-foot shed with shelving provides versatile storage for bikes, tools, equipment, project materials, and more. A covered area enclosed on three sides adds sheltered storage space.Create the outdoor space that fits your life. Set on a 7,500-square-foot lot surrounded by trees in the heart of SW Portland’s Hillsdale neighborhood, the home offers unfinished yard space ready for your ideas, from vegetable gardens to a lawn, play area, or a place to relax outdoors. Hillsdale and Multnomah Village are very close making it easy to enjoy both neighborhoods' restaurants, cafés, breweries, groceries, and their abundant hiking trails and natural beauty. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251428]
Active
Price cut: $25K (10/9)
$599,900
2226 SW Iowa St, Portland, OR 97239
4beds
2,032sqft
Residential, Single Family Residence
Built in 1930
7,405 Square Feet Lot
$596,900 Zestimate®
$295/sqft
$-- HOA
What's special
Remodeled kitchenNewly remodeled bathrooms
- 60 days
- 1,268
- 110
Zillow last checked:
Listing updated:
Listed by:
John Kearney 503-455-5500,
You Realty
Source: RMLS (OR),MLS#: 209501703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Guest Quarters, Bedroom 4, 2nd Kitchen, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Laminate Flooring
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 140
- Dimensions: 10 x 14
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 182
- Dimensions: 13 x 14
Bedroom 4
- Features: Ensuite, Laminate Flooring
- Level: Lower
- Area: 99
- Dimensions: 9 x 11
Kitchen
- Features: Dishwasher, Disposal, Eat Bar, Eating Area, Gas Appliances, Nook, Free Standing Range, Free Standing Refrigerator, Granite, Laminate Flooring
- Level: Main
- Area: 110
- Width: 11
Living room
- Features: Ceiling Fan, Wallto Wall Carpet
- Level: Main
- Area: 187
- Dimensions: 11 x 17
Heating
- Baseboard, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Gas Appliances, Free-Standing Range, Gas Water Heater, Tank Water Heater
Features
- Granite, Eat Bar, Eat-in Kitchen, Nook, Ceiling Fan(s)
- Flooring: Laminate, Luxury Vinyl Plank, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Exterior Entry,Partially Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 2,032
- Total interior livable area: 2,032 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Covered Deck, Deck
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 7,405 Square Feet
- Features: Level, Sloped, Trees, SqFt 7000 to 9999
Details
- Additional structures: ToolShed, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R115844
- Zoning: R2.5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights
- Subdivision: Hillsdale
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $609,610
- Annual tax amount: $8,045
- Date on market: 9/10/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$596,900
$567,000 - $627,000
$4,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $599,900-4%$295/sqft |
Source: | ||
| 10/1/2026 | Price change | $624,900-3.8%$308/sqft |
Source: | ||
| 9/10/2026 | Listed for sale | $649,900+100%$320/sqft |
Source: | ||
| 2/11/2015 | Sold | $324,9000%$160/sqft |
Source: | ||
| 11/21/2014 | Price change | $324,950-6.9%$160/sqft |
Source: Keller Williams Realty Professionals #14054940 Report a problem | ||
| 10/20/2014 | Price change | $349,000-10.3%$172/sqft |
Source: Keller Williams Realty Professionals #14054940 Report a problem | ||
| 7/8/2014 | Listed for sale | $389,000+206.3%$191/sqft |
Source: Keller Williams Realty Professionals #14230599 Report a problem | ||
| 8/19/1997 | Sold | $127,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,045 +3.7% | $298,860 +3% |
| 2024 | $7,756 +4% | $290,160 +3% |
| 2023 | $7,458 +2.2% | $281,710 +3% |
| 2022 | $7,296 +1.7% | $273,510 +3% |
| 2021 | $7,173 +9% | $265,550 +3% |
| 2020 | $6,580 +3.8% | $257,820 +3% |
| 2019 | $6,338 | $250,320 +3% |
| 2018 | $6,338 +3% | $243,030 +3% |
| 2017 | $6,152 +14% | $235,960 +3% |
| 2016 | $5,396 | $229,090 +3% |
| 2015 | $5,396 +13.1% | $222,420 +11.5% |
| 2014 | $4,769 +29.1% | $199,510 +3% |
| 2013 | $3,695 +14.5% | $193,700 +3% |
| 2012 | $3,226 -1.7% | $188,060 +3% |
| 2011 | $3,280 -10.1% | $182,590 +3% |
| 2010 | $3,648 -2.7% | $177,280 +3% |
| 2009 | $3,750 +5.9% | $172,120 +3% |
| 2008 | $3,540 +0.2% | $167,110 +3% |
| 2007 | $3,533 +11.4% | $162,250 +3% |
| 2006 | $3,172 +4.7% | $157,530 +3% |
| 2005 | $3,028 -5.8% | $152,950 +3% |
| 2004 | $3,214 +8.7% | $148,500 +3% |
| 2003 | $2,957 +1.7% | $144,180 +3% |
| 2002 | $2,908 +8.4% | $139,990 +6.1% |
| 2000 | $2,681 | $131,970 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hillsdale
Nearby schools
Schools provided by the listing agent
- Elementary: Rieke
- Middle: Robert Gray
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





