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Off market
  • $501,500

    3948 N Michigan Ave, Portland, OR 97227

    3beds
    1,238sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $501,500 Zestimate®
    $405/sqft
    $2,694 Estimated rent

    Home value

    $501,500

    $476,000 - $527,000

    $2,694/mo

    Zestimate® history
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    What's special

    Charming eat-in nookBright windowsBeautiful bamboo flooringSpacious backyard patio areaFantastic covered front porch

    Available NOW from Grid Property Management, LLC: This 3 bedroom, 2 bathroom modern craftsman home is located at 3948 N Michigan Avenue in the heart of the vibrant North Mississippi neighborhood. This home has convenient access to I-5, Denorval Unthank City Park, and all of the shops and eateries of the lively North Mississippi corridor! Built in 1993, this house is loaded with charm including bright windows and beautiful bamboo flooring surrounding the spacious living area. The kitchen comes well equipped with a gas range, fridge, dishwasher, a charming eat-in nook, and plenty of cupboard and countertop space for storage. Please note, that the window AC units shown in the marketing photos have been removed and will not be included with the rental. 3 spacious bedrooms are located on the second floor of the home. There is one full bath on each floor. Future residents will enjoy the fantastic covered front porch as well as the spacious backyard patio area. Landscaping is provided by the owner! A washer/dryer is included with the rental - Any maintenance required on these appliances is the sole responsibility of the tenant. The home has Street Parking. Landlord provides basic garbage and landscaping services. The tenant is responsible for electricity, gas, water, sewer, and all other utilities. $2,870.00 per month, $2,870.00 fully refundable security deposit. To reserve the property, a tenant will be required to pay the household security deposit. The first month with be prorated. Proof of renter's insurance is required before move-in. This unit is not an Accessible Dwelling Unit. One-year lease. Non-smoking. Cats and dogs 20 lbs. and under are welcome (with exceptions upon landlord review). Maximum of 2 pets with a $35 rent increase per month for each animal and an increased deposit of $35 for each animal. The open Application Period for this property begins on 02/20/2026 at 10:00 AM PST which is 72 hours after the notice of unit availability was originally posted. Grid Property Management will begin accepting complete applications no earlier than the time specified above. Please refrain from applying prior to the Open Application Period. If an application is received prior to the Open Application Period, the City of Portland requires that Landlords apply an 8-hour penalty to the time an application was received. Information deemed reliable but not guaranteed.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 1,238 sqft

    Property

    Parking
    • Parking features: On Street
    • Details: Contact manager
    Features
    • Patio & porch: Patio, Porch
    • Exterior features: Bamboo Flooring, Eating Nook, Electricity not included in rent, Garbage included in rent, Gas not included in rent, Landscaping, Lawn, Plenty of Cupboard & Counter Top Space for storage, Sewage not included in rent, Spacious living room, Water not included in rent
    Details
    • Parcel number: R223669

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Garbage

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other fees
    • Deposit fee: $2,870

    Other

    Other facts
    • Available date: 03/03/2026

    Price history

    DateEventPrice
    3/20/2026Listing removed$2,870$2/sqft
    Source: Zillow Rentals Report a problem
    2/13/2026Price change$2,870-0.9%$2/sqft
    Source: Zillow Rentals Report a problem
    1/16/2026Listed for rent$2,895+5.3%$2/sqft
    Source: Zillow Rentals Report a problem
    12/11/2024Listing removed$2,750$2/sqft
    Source: Zillow Rentals Report a problem
    11/22/2024Price change$2,750-5.2%$2/sqft
    Source: Zillow Rentals Report a problem
    10/19/2024Price change$2,900-3.2%$2/sqft
    Source: Zillow Rentals Report a problem
    10/6/2024Listed for rent$2,995+9.1%$2/sqft
    Source: Zillow Rentals Report a problem
    4/19/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    3/1/2022Listed for rent$2,745+19.6%$2/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/21/2019Listing removed$2,295$2/sqft
    Source: Grid Property Management, LLC Report a problem
    1/25/2019Price change$2,295-4.2%$2/sqft
    Source: Grid Property Management, LLC Report a problem
    1/8/2019Price change$2,395-4%$2/sqft
    Source: Grid Property Management, LLC Report a problem
    12/12/2018Listed for rent$2,495+8.7%$2/sqft
    Source: Grid Property Management, LLC Report a problem
    4/21/2017Listing removed$2,295$2/sqft
    Source: Grid Property Management, LLC Report a problem
    4/5/2017Price change$2,295-4.2%$2/sqft
    Source: Grid Property Management, LLC Report a problem
    3/21/2017Price change$2,395-4%$2/sqft
    Source: Grid Property Management, LLC Report a problem
    3/1/2017Listed for rent$2,495$2/sqft
    Source: Grid Property Management, LLC Report a problem
    8/27/2014Sold$320,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,806 +3.7%$141,250 +3%
    2024$3,669 +4%$137,140 +3%
    2023$3,528 +2.2%$133,150 +3%
    2022$3,452 +1.7%$129,280 +3%
    2021$3,394 +9%$125,520 +3%
    2020$3,113 +3.8%$121,870 +3%
    2019$2,999 $118,330 +3%
    2018$2,999 +3%$114,890 +3%
    2017$2,911 +14%$111,550 +3%
    2016$2,554 $108,310 +3%
    2015$2,554 +2.7%$105,160 +3%
    2014$2,487 +3.9%$102,100 +3%
    2013$2,392 +10.5%$99,130 +3%
    2012$2,164 +3.9%$96,250 +3%
    2011$2,083 +5.4%$93,450 +3%
    2010$1,976 +2.7%$90,730 +3%
    2009$1,925 +6%$88,090 +3%
    2008$1,816 +0.3%$85,530 +3%
    2007$1,811 +11.3%$83,040 +3%
    2006$1,626 +4.7%$80,630 +3%
    2005$1,553 -8.2%$78,290 +3%
    2004$1,692 +2.3%$76,010 +3%
    2003$1,654 +122.6%$73,800 +110.6%
    2002$743 +7.4%$35,050 +6.1%
    2000$692 $33,040

    Find assessor info on the county website

    Neighborhood: Boise

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $501,500
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    Estimated market value
    $501,500