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  • $515,000

    2231 SW Martha St, Portland, OR 97239

    2beds
    1,708sqft
    Residential, Single Family Residence
    Built in 1947
    0.25 Acres Lot
    $515,100 Zestimate®
    $302/sqft
    $3,127 Estimated rent

    Home value

    $515,100

    $489,000 - $541,000

    $3,127/mo

    Zestimate® history
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    What's special

    Cozy wood-burning fireplaceBacking to mature treesCharming kitchen nook
    Welcome to this charming, well-cared-for 1947 bungalow nestled in the desirable SW Hillside neighborhood. This 2-bedroom, 1-bath home sits on a spacious 0.25-acre lot backing to mature trees, offering both privacy and a peaceful natural setting. Inside, you’ll find timeless character with hardwood floors, a cozy wood-burning fireplace, a charming kitchen nook, and classic Dutch doors that add warmth and personality. Enjoy outdoor living on the large backyard deck—perfect for relaxing or entertaining. The home offers 902 square feet on the main level, plus an additional 806 square feet of unfinished basement space with tall ceilings, providing excellent potential for expansion, a workshop, or extra storage. Located just minutes from the Raleigh Hills Shopping Center, featuring a convenient market and local bakery. Enjoy an easy 10-minute commute to downtown Portland while being tucked away in the desirable Hillsdale neighborhood. Outdoor enthusiasts will love the nearby walking trails, offering easy access to nature right outside your door.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lillian Foster 503-756-8713,

    Move Real Estate Inc

    Bought with:

    Chelsea Lewis, 201212428

    Think Real Estate

    Source: RMLS (OR),MLS#: 223983852MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 120
    • Dimensions: 10 x 12
    Bedroom 2
    • Level: Main
    • Area: 108
    • Dimensions: 9 x 12
    Dining room
    • Level: Main
    • Area: 48
    • Dimensions: 8 x 6
    Kitchen
    • Level: Main
    • Area: 104
    • Width: 8
    Living room
    • Level: Main
    • Area: 216
    • Dimensions: 18 x 12
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Water Heater
    Features
    • Flooring: Wood
    • Windows: Vinyl Frames
    • Basement: Daylight
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,708
    • Total interior livable area: 1,708 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Off Street, Attached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Approachwith Ramp, Accessible Full Bath, Garage On Main, Parking, Accessibility
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Yard
    Lot
    • Size: 0.25 Acres
    • Features: Trees, SqFt 10000 to 14999
    Details
    • Parcel number: R271054
    • Zoning: R10

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Shake Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Spring
    • Utilities for property: Cable Connected

    Community & neighborhood

    Security
    • Security features: Unknown
    Location
    • Region: Portland

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/22/2026Sold$515,000+3.2%$302/sqft
    Source: RMLS (OR) #223983852 Report a problem
    4/23/2026Pending sale$499,000$292/sqft
    Source: RMLS (OR) #223983852 Report a problem
    4/16/2026Listed for sale$499,000$292/sqft
    Source: RMLS (OR) #223983852 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,369 +3.7%$236,590 +3%
    2024$6,140 +4%$229,700 +3%
    2023$5,904 +2.2%$223,010 +3%
    2022$5,776 +1.7%$216,520 +3%
    2021$5,679 +9%$210,220 +3%
    2020$5,209 +3.8%$204,100 +3%
    2019$5,018 $198,160 +3%
    2018$5,018 +3%$192,390 +3%
    2017$4,870 +14%$186,790 +3%
    2016$4,271 $181,350 +3%
    2015$4,271 +2.7%$176,070 +3%
    2014$4,159 +15.4%$170,950 +3%
    2013$3,603 +10.8%$165,980 +3%
    2012$3,252 -0.9%$161,150 +3%
    2011$3,280 -0.6%$156,460 +3%
    2010$3,301 +2.7%$151,910 +3%
    2009$3,213 +5.9%$147,490 +3%
    2008$3,034 +0.2%$143,200 +3%
    2007$3,027 +11.4%$139,030 +3%
    2006$2,718 +4.7%$134,990 +3%
    2005$2,595 -8.4%$131,060 +3%
    2004$2,832 +4.3%$127,250 +3%
    2003$2,716 +8.9%$123,550 +3%
    2002$2,494 +8.5%$119,960 +6.1%
    2000$2,298 $113,080

    Find assessor info on the county website

    Neighborhood: Hillsdale

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $515,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $515,100