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  • $540,000

    2545 NW 111th Ave, Portland, OR 97229

    3beds
    1,385sqft
    Residential, Single Family Residence
    Built in 1955
    0.59 Acres Lot
    $549,800 Zestimate®
    $390/sqft
    $2,530 Estimated rent

    Home value

    $549,800

    $522,000 - $583,000

    $2,530/mo

    Zestimate® history
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    What's special

    A rare opportunity in the highly sought-after Bonny Slope Elementary district! Sitting on an expansive .59-acre lot of completely usable land, this charming one-level home is being offered for the first time in over 50 years! Filled with natural light and timeless mid-century character, the home features beautiful hardwood floors, two inviting living areas, and an open, comfortable layout. The kitchen includes a cheerful breakfast nook with built-in booth seating and a formal dining room perfect for gatherings. Sliding doors lead to a peaceful patio overlooking the spacious backyard — complete with a tool shed and endless room to garden, play, or expand. With three bedrooms, one and a half bath, and a one-car garage, this lovingly maintained home offers exceptional potential to update, add on, or build new. Conveniently located minutes from Cedar Mill shops, parks, and amenities, this property combines space, charm, and opportunity in one of Portland’s most desirable neighborhoods. Come see it for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Wold 503-545-0299,

    Reger Homes, LLC

    Bought with:

    Raejean Sly, 200105031

    Coldwell Banker Bain

    Source: RMLS (OR),MLS#: 216778247MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • Partial bathrooms: 1
    • Main level bathrooms: 2
    Primary bedroom
    • Features: Hardwood Floors, Closet, High Ceilings
    • Level: Main
    • Area: 130
    • Dimensions: 13 x 10
    Bedroom 2
    • Features: Hardwood Floors, Closet, High Ceilings
    • Level: Main
    • Area: 126
    • Dimensions: 9 x 14
    Bedroom 3
    • Features: Hardwood Floors, Closet, High Ceilings
    • Level: Main
    • Area: 88
    • Dimensions: 8 x 11
    Dining room
    • Features: Ceiling Fan, Exterior Entry, Hardwood Floors, Sliding Doors
    • Level: Main
    • Area: 64
    • Dimensions: 8 x 8
    Family room
    • Features: Closet
    • Level: Main
    • Area: 266
    • Dimensions: 14 x 19
    Kitchen
    • Features: Dishwasher, Nook, Free Standing Range, Free Standing Refrigerator
    • Level: Main
    • Area: 120
    • Width: 8
    Living room
    • Features: Fireplace, High Ceilings, Wallto Wall Carpet
    • Level: Main
    • Area: 240
    • Dimensions: 15 x 16
    Heating
    • Baseboard, Fireplace(s)
    Appliances
    • Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Tank Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, Closet, Nook
    • Flooring: Hardwood, Laminate, Wall to Wall Carpet
    • Doors: Sliding Doors
    • Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames, Wood Frames
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,385
    • Total interior livable area: 1,385 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, On Street, Attached, Extra Deep Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Garage On Main, Main Floor Bedroom Bath, One Level, Utility Room On Main, Accessibility
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Yard, Exterior Entry
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.59 Acres
    • Features: Level, SqFt 20000 to Acres1
    Details
    • Additional structures: ToolShed
    • Parcel number: R599882

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Gas: Gas
    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Cedar Hills - Cedar Mill

    Other

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

    Price history

    DateEventPrice
    3/28/2026Listing removed$2,450$2/sqft
    Source: Zillow Rentals Report a problem
    3/16/2026Price change$2,450-7.5%$2/sqft
    Source: Zillow Rentals Report a problem
    2/24/2026Price change$2,650-7%$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2026Price change$2,850-4.8%$2/sqft
    Source: Zillow Rentals Report a problem
    2/10/2026Listed for rent$2,995$2/sqft
    Source: Zillow Rentals Report a problem
    12/31/2025Sold$540,000-1.8%$390/sqft
    Source: RMLS (OR) #216778247 Report a problem
    12/3/2025Pending sale$550,000$397/sqft
    Source: RMLS (OR) #216778247 Report a problem
    11/6/2025Listed for sale$550,000$397/sqft
    Source: RMLS (OR) #216778247 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,694 +4.4%$248,410 +3%
    2024$4,499 +6.5%$241,180 +3%
    2023$4,224 +3.4%$234,160 +3%
    2022$4,087 +3.7%$227,340
    2021$3,940 +3.1%--
    2020$3,822 +3.4%$214,300 +3%
    2019$3,697 +3.4%$208,060
    2018$3,576 $208,060 +6.1%
    2017$3,576 +7.6%$196,120 +3%
    2016$3,324 $190,410 +3%
    2015$3,324 +4%$184,870 +3%
    2014$3,196 +3.9%$179,490 +3%
    2013$3,075 +12.5%$174,270 +3%
    2012$2,734 +2.8%$169,200 -49.7%
    2011$2,660 +2.6%$336,290 -5%
    2010$2,593 +2.1%$354,030 -4.9%
    2009$2,540 +8.4%$372,360 -10.9%
    2008$2,343 +2.5%$417,920 -2.2%
    2007$2,285 +11.6%$427,140 +11.9%
    2006$2,048 -10.3%$381,770 +29.7%
    2005$2,282 +11.5%$294,250 +14.1%
    2004$2,047 -6.5%$258,000 +24.7%
    2003$2,190 +13.6%$206,940 +7.3%
    2002$1,928 +2.9%$192,860 +6.8%
    2001$1,873 +10.4%$180,600 +7.2%
    2000$1,696 $168,500

    Find assessor info on the county website

    Neighborhood: Cedar Mill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bonny Slope
    • Middle: Tumwater
    • High: Sunset

    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
    $549,800
    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
    $549,800