*House with ADU. Welcome to 2901 SE 118th Ave — a spacious 4-bedroom, 3-bath home with flexible living space and standout multi-use potential. The main residence features inviting hardwood floors, a warm wood-burning fireplace, oversized bedrooms, and bonus rooms ideal for work-from-home, guests, hobbies, or play. Thoughtfully configured, this property includes a separate living quarter/ADU with its own kitchen and full bath — a rare find that is perfect for extended family, rental income, or accessory dwelling opportunities (buyer to verify local requirements).Enjoy a generous level lot with plenty of off-street parking and potential RV/boat space, plus established landscaping and plenty of outdoor room to personalize. Conveniently located in the heart of SE Portland, with easy access to shopping, dining, parks, and transit — this home blends flexibility, space, and location for owners, investors, or multigenerational living.
Active
Price cut: $24.9K (6/23)
$475,000
2901 SE 118th Ave, Portland, OR 97266
4beds
2,978sqft
Residential, Single Family Residence
Built in 1941
7,840 Square Feet Lot
$475,600 Zestimate®
$160/sqft
$-- HOA
What's special
Warm wood-burning fireplaceGenerous level lotPlenty of outdoor roomOversized bedroomsInviting hardwood floorsEstablished landscapingPlenty of off-street parking
- 162 days |
- 1,191 |
- 127 |
Zillow last checked:
Listing updated:
Listed by:
Lizbeth Abbott Lizbeth@treecityhomes.com,
Tree City Real Estate
Source: RMLS (OR),MLS#: 492528066
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
Rooms
- Room types: Bonus Room, Guest Quarters, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Upper
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 180
- Dimensions: 15 x 12
Dining room
- Features: Hardwood Floors
- Level: Main
- Area: 135
- Dimensions: 9 x 15
Family room
- Level: Main
Kitchen
- Features: Tile Floor
- Level: Main
- Area: 168
- Width: 14
Living room
- Features: Hardwood Floors
- Level: Main
- Area: 234
- Dimensions: 18 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Convection Oven, Free-Standing Refrigerator, Electric Water Heater
Features
- Bathroom, Kitchen, Kitchen Island
- Flooring: Wall to Wall Carpet, Wood, Hardwood, Tile
- Doors: Sliding Doors
- Windows: Aluminum Frames, Double Pane Windows, Vinyl Window Double Paned
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,978
- Total interior livable area: 2,978 sqft
Property
Parking
- Parking features: Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Caregiver Quarters, Parking, Accessibility
Features
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Raised Beds
Lot
- Size: 7,840 Square Feet
- Dimensions: 7907
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: Other Structures Bedrooms Total (1), Other Structures Bathrooms Total (1), ToolShed
- Parcel number: R605478
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Other, Shake Siding, Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $484,030
- Annual tax amount: $5,767
- Date on market: 1/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$475,600
$452,000 - $499,000
$3,208/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $475,000-5%$160/sqft |
Source:  RMLS (OR) #492528066 Report a problem | ||
| 6/2/2026 | Price change | $499,900-6.5%$168/sqft |
Source: RMLS (OR) #492528066 Report a problem | ||
| 5/22/2026 | Price change | $534,900-7%$180/sqft |
Source: RMLS (OR) #492528066 Report a problem | ||
| 4/29/2026 | Price change | $574,900-2.5%$193/sqft |
Source: RMLS (OR) #492528066 Report a problem | ||
| 4/4/2026 | Price change | $589,900-0.9%$198/sqft |
Source: RMLS (OR) #492528066 Report a problem | ||
| 1/30/2026 | Listed for sale | $595,000+18.1%$200/sqft |
Source: RMLS (OR) #492528066 Report a problem | ||
| 12/19/2022 | Sold | $504,000+1%$169/sqft |
Source: RMLS (OR) #22652049 Report a problem | ||
| 12/2/2022 | Pending sale | $499,000$168/sqft |
Source: RMLS (OR) #22652049 Report a problem | ||
| 11/1/2022 | Listed for sale | $499,000+35.6%$168/sqft |
Source: RMLS (OR) #22652049 Report a problem | ||
| 6/12/2019 | Sold | $368,000+33.8%$124/sqft |
Source: Public Record Report a problem | ||
| 2/12/2009 | Listing removed | $275,000$92/sqft |
Source: Keller Williams Realty #8078584 Report a problem | ||
| 11/9/2008 | Price change | $275,000-1.4%$92/sqft |
Source: Keller Williams Realty #8078584 Report a problem | ||
| 10/3/2008 | Price change | $279,000-6.7%$94/sqft |
Source: Keller Williams Realty #8078584 Report a problem | ||
| 8/10/2008 | Listed for sale | $299,000+109.1%$100/sqft |
Source: Keller Williams Realty #8078584 Report a problem | ||
| 11/15/2000 | Sold | $143,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,768 +4.4% | $238,530 +3% |
| 2024 | $5,525 +4.5% | $231,590 +3% |
| 2023 | $5,285 +5.5% | $224,850 +3% |
| 2022 | $5,010 +1.7% | $218,310 +3% |
| 2021 | $4,927 +10.4% | $211,960 +3% |
| 2020 | $4,464 +3.3% | $205,790 +3% |
| 2019 | $4,322 | $199,800 +3% |
| 2018 | $4,322 +3.2% | $193,990 +3% |
| 2017 | $4,189 +12.2% | $188,340 +3% |
| 2016 | $3,734 | $182,860 +3% |
| 2015 | $3,734 +6% | $177,540 +3% |
| 2014 | $3,522 +21.7% | $172,370 +3% |
| 2013 | $2,893 +13.5% | $167,350 +12.7% |
| 2012 | $2,549 -12.2% | $148,490 -8.6% |
| 2011 | $2,902 -9.2% | $162,480 +3% |
| 2010 | $3,196 -3.8% | $157,750 +3% |
| 2009 | $3,321 +3.5% | $153,160 +3% |
| 2008 | $3,207 +22.6% | $148,700 +25.7% |
| 2007 | $2,617 -5.8% | $118,280 -10% |
| 2006 | $2,777 +7.5% | $131,370 +3% |
| 2005 | $2,583 +3% | $127,550 +3% |
| 2004 | $2,508 +3.8% | $123,840 +3% |
| 2003 | $2,417 +2.4% | $120,240 +3% |
| 2002 | $2,361 +9.6% | $116,740 +6.1% |
| 2000 | $2,154 +4.1% | $110,040 +3% |
| 1999 | $2,069 | $106,840 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: Powellhurst Gilbert
Nearby schools
GreatSchools rating
- 3/10West Powellhurst Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Ron Russell Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10David Douglas High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: W Powellhurst
- Middle: Ron Russell
- High: David Douglas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97266
- Powellhurst Gilbert
- 2901 SE 118th Ave
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