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  • $885,000

    3762 N Melrose Dr, Portland, OR 97227

    5beds
    3,080sqft
    Residential, Single Family Residence
    Built in 1932
    4,356 Square Feet Lot
    $877,400 Zestimate®
    $287/sqft
    $4,835 Estimated rent

    Home value

    $877,400

    $825,000 - $930,000

    $4,835/mo

    Zestimate® history
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    What's special

    Awesome fenced yardBeside overlook parkNew paintBeautiful finishesSpacious deckClassic architectural charmAbundant natural light
    Welcome to the highly sought-after Overlook neighborhood! This stunning 5 bed, 3 bath North Portland home has peek-a-boo river and downtown views right beside Overlook Park. The main house is a 3 bed, 2 bath with beautiful finishes abundant natural light and classic architectural charm. It has hardwood floors, new paint, new furnace (2024), new water heater (2024) and an awesome, fenced yard.It features a fully permitted 2 bed, 1 bath ADU with its own separate entrance, outdoor area, and in-unit laundry for ultimate private convenience. It is a wonderful income property with strong rental history, specific financials available upon request. Sold fully furnished, right down to the kitchen amenities, allowing you to seamlessly continue renting without lifting a finger. Step right outside your front door, enjoy a morning coffee on a spacious deck also leading to your bedroom with a view of the Willamette River and Downtown Portland. You will find expansive green spaces, trails, and the majestic trees of Overlook Park steps away. This beautiful income generating oasis in North Portland’s vibrant Overlook neighborhood is a classic Portland property and an absolute dream for both homeowners and savvy investors. Whether you are looking for a beautiful primary residence with a built-in mortgage helper or a premier investment opportunity in one of Portland's most desirable neighborhoods, this rare property checks every box.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathalie McColl 503-449-5334,

    Cascade Hasson Sotheby's International Realty

    Bought with:

    Hannah Wolfe, 201234792

    Keller Williams Realty Professionals

    Source: RMLS (OR),MLS#: 550072091MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    Rooms
    • Room types: 2nd Kitchen, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Ceiling Fan, Deck, Hardwood Floors, Ensuite
    • Level: Main
    • Area: 165
    • Dimensions: 15 x 11
    Bedroom 2
    • Features: Hardwood Floors
    • Level: Main
    • Area: 120
    • Dimensions: 12 x 10
    Bedroom 3
    • Features: Hardwood Floors
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 4
    • Features: Wood Floors
    • Level: Upper
    • Area: 176
    • Dimensions: 16 x 11
    Bedroom 5
    • Features: Double Closet, Wood Floors
    • Level: Upper
    • Area: 154
    • Dimensions: 14 x 11
    Dining room
    • Features: Hardwood Floors
    • Level: Main
    • Area: 130
    • Dimensions: 13 x 10
    Family room
    • Features: Hardwood Floors, Sliding Doors
    • Level: Main
    • Area: 165
    • Dimensions: 15 x 11
    Kitchen
    • Features: Disposal, Gas Appliances, Hardwood Floors, Pantry, Free Standing Range, Free Standing Refrigerator, Granite, Quartz
    • Level: Main
    • Area: 180
    • Width: 12
    Living room
    • Features: Fireplace, Hardwood Floors
    • Level: Main
    • Area: 221
    • Dimensions: 17 x 13
    Heating
    • Ductless, Forced Air 95 Plus, Heat Pump, Fireplace(s)
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Appliances, Free-Standing Range, Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Family Room Kitchen Combo, Double Closet, Pantry, Granite, Quartz, Tile
    • Flooring: Hardwood, Tile, Wood
    • Doors: French Doors, Sliding Doors
    • Windows: Double Pane Windows, Vinyl Frames, Wood Frames
    • Basement: Full,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Electric
    Interior area
    • Total structure area: 3,080
    • Total interior livable area: 3,080 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Driveway, Attached, Extra Deep Garage, Tuck Under
    • Attached garage spaces: 1
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Yard
    • Fencing: Fenced
    • Has view: Yes
    • View description: City, River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    • Body of water: Willamette
    Lot
    • Size: 4,356 Square Feet
    • Features: Level, Light Rail, Private, SqFt 3000 to 4999
    Details
    • Additional structures: GuestQuarters, SecondResidence
    • Parcel number: R231842

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar, Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $287/sqft
    • Annual tax amount: $9,184
    • Date on market: 5/21/2026
    • Cumulative days on market: 51 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/5/2026Sold$885,000-1.6%$287/sqft
    Source: RMLS (OR) #550072091 Report a problem
    7/12/2026Pending sale$899,000$292/sqft
    Source: RMLS (OR) #550072091 Report a problem
    6/25/2026Price change$899,000-3.9%$292/sqft
    Source: RMLS (OR) #550072091 Report a problem
    5/22/2026Listed for sale$935,000-1.6%$304/sqft
    Source: RMLS (OR) #550072091 Report a problem
    7/14/2021Pending sale$950,000$308/sqft
    Source: RMLS (OR) #21582251 Report a problem
    7/12/2021Sold$950,000$308/sqft
    Source: RMLS (OR) #21582251 Report a problem
    5/8/2021Listed for sale$950,000$308/sqft
    Source: RMLS (OR) #21582251 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Overlook

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Beach
    • Middle: Ockley Green
    • High: Jefferson

    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
    $877,400
    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
    $877,400