Huge price reduction!! Nothing like this currently on the market. Opportunity knocks within the city limits. This property provides a multitude of options. Currently an urban farmer's paradise with existing house plus multiple outbuildings. Level 1.89 acres prime for development. Preliminary plat approval to divide into 6 individual lots for SFRs, townhomes, ADUS, manufactured housing OR Middle housing/cottage cluster development. Existing house on site is habitable- utilize for rental income during development of site? Rare opportunity to acquire a large level parcel ready for development within the city limits. Quiet area of town directly across the street from a school and a quick drive to amenities in every direction. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10128667]
Active
Price cut: $74.9K (10/5)
$625,000
4510 SE 128th Ave, Portland, OR 97236
2beds
1,676sqft
Residential, Single Family Residence
Built in 1952
1.89 Acres Lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
Multiple outbuildingsExisting house
- 251 days
- 360
- 28
Zillow last checked:
Listing updated:
Listed by:
Ben Wiltgen 503-756-9410,
503 Properties Inc
Source: RMLS (OR),MLS#: 793549164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Electric Water Heater
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 1.89 Acres
- Features: Level, Acres 1 to 3
Details
- Parcel number: R334940
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential, Single Family Residence
Materials
- Shingle Siding, Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $816,560
- Annual tax amount: $7,495
- Date on market: 1/30/2026
- Listing terms: Cash,Conventional,FHA,Rehab
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Price change | $625,000-10.7%$373/sqft |
Source:  RMLS (OR) #793549164 Report a problem | ||
| 9/16/2026 | Price change | $699,900-12.5%$418/sqft |
Source: RMLS (OR) #793549164 Report a problem | ||
| 5/18/2026 | Price change | $799,999-5.9%$477/sqft |
Source: RMLS (OR) #793549164 Report a problem | ||
| 4/8/2026 | Price change | $849,900-5.5%$507/sqft |
Source: RMLS (OR) #793549164 Report a problem | ||
| 3/2/2026 | Price change | $899,000-10.1%$536/sqft |
Source: RMLS (OR) #793549164 Report a problem | ||
| 1/30/2026 | Listed for sale | $1,000,000+263.6%$597/sqft |
Source: RMLS (OR) #793549164 Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 11/22/2022 | Listed for sale | $275,000-69.4%$164/sqft |
Source: John L Scott Real Estate #22433271 Report a problem | ||
| 12/29/2020 | Listing removed | -- |
Source:  RMLS (OR) Report a problem | ||
| 12/18/2020 | Pending sale | $899,000$536/sqft |
Source: Savvy Lane #20173500 Report a problem | ||
| 10/15/2020 | Listed for sale | $899,000+89.3%$536/sqft |
Source: Savvy Lane #20173500 Report a problem | ||
| 10/15/2019 | Sold | $475,000-4.8%$283/sqft |
Source: RMLS (OR) #19155109 Report a problem | ||
| 9/16/2019 | Pending sale | $499,000$298/sqft |
Source: John L Scott Real Estate #19489656 Report a problem | ||
| 8/7/2019 | Listed for sale | $499,000$298/sqft |
Source: John L Scott Real Estate #19489656 Report a problem | ||
| 7/29/2019 | Pending sale | $499,000$298/sqft |
Source: John L Scott Real Estate #19489656 Report a problem | ||
| 7/23/2019 | Price change | $499,000-16.7%$298/sqft |
Source: John L Scott Real Estate #19489656 Report a problem | ||
| 7/7/2019 | Listed for sale | $599,000$357/sqft |
Source: John L Scott Real Estate #19489656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,495 +4.4% | $309,970 +3% |
| 2024 | $7,180 +4.5% | $300,950 +3% |
| 2023 | $6,868 +5.5% | $292,190 +3% |
| 2022 | $6,510 +1.7% | $283,680 +3% |
| 2021 | $6,403 +10.4% | $275,420 +3% |
| 2020 | $5,800 +3.3% | $267,400 +3% |
| 2019 | $5,616 | $259,620 +3% |
| 2018 | $5,616 +3.2% | $252,060 +3% |
| 2017 | $5,443 +6.6% | $244,720 +3% |
| 2016 | $5,104 | $237,600 +3% |
| 2015 | $5,104 +2.5% | $230,680 +3% |
| 2014 | $4,982 +28.2% | $223,970 +3% |
| 2013 | $3,885 +2.1% | $217,450 +3% |
| 2012 | $3,805 -4.6% | $211,120 +3% |
| 2011 | $3,988 -7% | $204,980 +3% |
| 2010 | $4,286 +2.3% | $199,010 +3% |
| 2009 | $4,190 +3.5% | $193,220 +3% |
| 2008 | $4,046 +0.4% | $187,600 +3% |
| 2007 | $4,030 +4.9% | $182,140 +3% |
| 2006 | $3,842 +3.5% | $176,840 +3% |
| 2005 | $3,711 +3% | $171,690 +3% |
| 2004 | $3,601 +4.9% | $166,690 +3% |
| 2003 | $3,432 +30.5% | $161,840 +27.6% |
| 2002 | $2,631 +12.4% | $126,850 +6.1% |
| 2000 | $2,341 | $119,580 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Powellhurst Gilbert
Nearby schools
Schools provided by the listing agent
- Elementary: Gilbert Hts
- Middle: Alice Ott
- 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.
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