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Off market
  • $588,700

    4518 NE Cleveland Ave, Portland, OR 97211

    3beds
    2,926sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $588,700 Zestimate®
    $201/sqft
    $5,470 Estimated rent

    Home value

    $588,700

    $524,000 - $659,000

    $5,470/mo

    Zestimate® history
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    What's special

    Fenced backyardPrivate yardPeaceful retreatFully finished lower-level aduThoughtfully updated kitchenQuiet tree-lined streetPrivate entrance

    OPEN APPLICATION PERIOD: This home is located in the City of Portland and will begin accepting applications no earlier than 05/26/2025. PROPERTY INFO: Welcome to this beautifully maintained 3-bedroom plus studio, 2.5-bath Craftsman home tucked away on a quiet, tree-lined street in the heart of the Alberta Arts District. Offering both charm and versatility, this residence features a fully finished lower-level ADU with its own private entrance, full kitchen, laundry, and bathperfect for multigenerational living, a guest suite, or separate workspace. The main level features warm, light-filled living spaces with hardwood floors, original architectural details, and a thoughtfully updated kitchen complete with gas range, stainless steel appliances, and ample storage. All three bedrooms are located on the upper level, along with a full bath, offering a sense of separation and privacy from the main living areas. A convenient half bath is located on the main floor. The fenced backyard offers a peaceful retreat for gardening, outdoor dining, or simply relaxing in the fresh air. With washer and dryer units in both the main home and the ADU, convenience is built into every level. NEIGHBORHOOD: Located in the Humboldt neighborhood, just blocks to the Williams-Vancouver corridor and the Alberta Arts District to all the nearby local shops, groceries and restaurants. The home sits in a vibrant, walkable (Walk Score of 90) neighborhood just blocks from Alberta Street's restaurants, cafes, boutiques, and local favorites. It's also convenient to downtown Portland, I-5, and public transportation. TERMS: - $55 per adult + pet screening fees if applicable - Lease Term: One year lease - Security Deposit: Equal to one month's rent (restrictions apply) - Housing Style: Single-Family - Tenant Paid Utilities: Gas, Electricity, Water/Sewer - Utilities Included In The Rent: Waste/Recycling - Heat: Gas Furnace - Cooling: N/A - Laundry: Laundry in unit - Landscaping: Included in rent - Parking: Street parking - Outdoor Living: Private yard - Move-in availability: Lease is required to begin within two weeks of application approval - Smoking Rules: Non-smoking - Renter's Liability Insurance: $100,000 personal liability policy required - Relocation Assistance Exemption In Place: No - HUD Approved Accessible Home: No - City of Portland Rental Criteria for Residency Applies: Yes ANIMALS and PETS: - Pets Permitted: Dogs ok up to 25lbs - 2 Pets - Monthly Pet Rent: $25 - Petscreening is a required part of the application process for ALL applicants, including those with pets, service/ESA, and no registered pets. Professionally managed by Living Room Property Management Property Manager: ORLIC# 200401050 Equal Housing Opportunity 421 SE 10th Ave Portland, OR 97214 Avoid a scam - Do not forward personal information directly through email. - Property posted for rent on: 05/23/2025

    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: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 2,926 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Stainless steel appliances
    Details
    • Parcel number: R624883

    Construction

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

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other fees
    • Deposit fee: $4,100

    Price history

    DateEventPrice
    8/21/2025Listing removed$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    8/2/2025Price change$4,100-8.9%$1/sqft
    Source: Zillow Rentals Report a problem
    5/23/2025Listed for rent$4,500+66.7%$2/sqft
    Source: Zillow Rentals Report a problem
    4/3/2019Listing removed$2,700$1/sqft
    Source: Living Room Property Management Report a problem
    3/28/2019Listed for rent$2,700+8%$1/sqft
    Source: Zillow Rental Network Report a problem
    4/13/2017Listing removed$2,500$1/sqft
    Source: Living Room Property Management Report a problem
    3/20/2017Price change$2,500-3.8%$1/sqft
    Source: Living Room Property Management Report a problem
    3/8/2017Price change$2,600-3.7%$1/sqft
    Source: Living Room Property Management Report a problem
    2/16/2017Listed for rent$2,700+1.9%$1/sqft
    Source: Living Room Property Management Report a problem
    3/24/2016Listing removed$2,650$1/sqft
    Source: Living Room Property Management Report a problem
    3/5/2016Listed for rent$2,650$1/sqft
    Source: Living Room Property Management Report a problem
    5/16/2014Sold$350,000+22.8%$120/sqft
    Source: Public Record Report a problem
    5/20/2009Sold$285,000$97/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,629 +3.7%$283,130 +3%
    2024$7,355 +4%$274,890 +3%
    2023$7,072 +2.2%$266,890 +3%
    2022$6,919 +9.2%$259,120 +10.6%
    2021$6,334 +9%$234,280 +3%
    2020$5,811 +3.8%$227,460 +3%
    2019$5,597 $220,840 +3%
    2018$5,597 +3%$214,410 +3%
    2017$5,433 +14%$208,170 +3%
    2016$4,765 $202,110 +3%
    2015$4,765 +2.7%$196,230 +3%
    2014$4,640 +24.9%$190,520 +3%
    2013$3,717 +16.7%$184,980 +3%
    2012$3,185 -13.6%$179,600 +3%
    2011$3,685 -0.1%$174,370 +3%
    2010$3,688 +2.7%$169,300 +3%
    2009$3,591 $164,370
    2008-- --

    Find assessor info on the county website

    Neighborhood: Humboldt

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $588,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $588,700