Limited time special rate buy down program with preferred lender. Dreaming of owning a home in one of the most convenient and desirable locations near Downtown Portland? This charming end-unit townhome offers the perfect blend of comfort and location, just minutes from Downtown Portland, the waterfront, HWY, OHSU, and more—all for under $500K!This home features an open floor plan and a spacious backyard. Fresh new interior paint, new carpeting, and an updated kitchen with granite countertops are just the beginning. The main level boasts hard surface floors, a formal dining area, a kitchen with an eating bar, a gas fireplace, and an outdoor deck that overlooks the private backyard. Upstairs, you'll find two spacious bedrooms and a full bathroom, while the lower level offers a generously sized bedroom and a full bath, with separate outside access—perfect for a guest suite or ADU or Airbnb potential. The private fenced backyard offers ample space for gardening or outdoor gatherings. Plus, enjoy the benefit of being in a top-rated school district. This charming townhome lives like a single-family home. Don’t miss out—schedule your private tour today! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10112325]
Active
$470,000
4815 SW 1st Ave, Portland, OR 97201
3beds
1,608sqft
Residential, Townhouse
Built in 1996
2,178 Square Feet Lot
$-- Zestimate®
$292/sqft
$84/mo HOA
What's special
Gas fireplaceFormal dining areaPrivate fenced backyardSpacious backyardFresh new interior paintNew carpetingOpen floor plan
- 328 days |
- 313 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
Mavis Dudley 770-825-1511,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 770507816
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Suite, Vaulted Ceiling, Wallto Wall Carpet
- Level: Upper
- Area: 272
- Dimensions: 16 x 17
Bedroom 2
- Features: Laminate Flooring, Suite
- Level: Upper
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Features: Patio, Sliding Doors, Wallto Wall Carpet
- Level: Lower
- Area: 285
- Dimensions: 15 x 19
Dining room
- Features: Laminate Flooring
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Features: Disposal, Free Standing Refrigerator, Granite, Laminate Flooring
- Level: Main
- Area: 72
- Width: 9
Living room
- Features: Deck, Fireplace, Sliding Doors, Laminate Flooring
- Level: Main
- Area: 272
- Dimensions: 16 x 17
Heating
- Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Disposal, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Gas Water Heater
Features
- Granite, Soaking Tub, Suite, Vaulted Ceiling(s)
- Flooring: Wall to Wall Carpet, Laminate
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,608
- Total interior livable area: 1,608 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance, Main Floor Bedroom Bath, Accessibility
Features
- Levels: Tri Level
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Seasonal
Lot
- Size: 2,178 Square Feet
- Features: Corner Lot, SqFt 0K to 2999
Details
- Parcel number: R285483
Construction
Type & style
- Home type: Townhouse
- Property subtype: Residential, Townhouse
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1996
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Commons, Management
- HOA fee: $1,006 annually
Location
- Region: Portland
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $492,130
- Annual tax amount: $8,553
- Date on market: 8/6/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Price change | $470,000-5.1%$292/sqft |
Source:  RMLS (OR) #770507816 Report a problem | ||
| 8/6/2025 | Listed for sale | $495,000+23.8%$308/sqft |
Source: RMLS (OR) #770507816 Report a problem | ||
| 7/8/2025 | Listing removed | $2,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/8/2025 | Listed for rent | $2,900+1.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/9/2024 | Listed for rent | $2,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2019 | Sold | $399,900+63.2%$249/sqft |
Source: RMLS (OR) #18351189 Report a problem | ||
| 12/23/2004 | Sold | $245,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,743 +2.2% | $330,560 +3% |
| 2024 | $8,553 +3.7% | $320,940 +3% |
| 2023 | $8,249 +2.2% | $311,600 +3% |
| 2022 | $8,071 +7.9% | $302,530 +3% |
| 2021 | $7,479 +6.5% | $293,720 +3% |
| 2020 | $7,024 +0.3% | $285,170 +3% |
| 2019 | $7,003 | $276,870 +3% |
| 2018 | $7,003 | $268,810 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 1.9 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.1 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
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.
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