Enjoy the comfort and convenience of single-level living in this beautifully remodeled ranch home, ideally situated on a desirable corner lot in the heart of the vibrant Alberta District. This move-in-ready home features 4 bedrooms and 2 tastefully updated bathrooms, along with extensive recent improvements, including new wood flooring, interior paint, windows, doors, remodeled bathrooms, an updated electrical panel, modern light fixtures, a newer roof, and a moisture barrier and insulation in the crawl space. The functional floor plan provides comfortable living spaces filled with natural light, making it ideal for a variety of lifestyles. Conveniently located in the heart of the Alberta District, you'll enjoy easy access to shopping, dining, parks, schools, public transportation, and downtown Portland, with nearby access to everyday amenities. The buyer to verify all information. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250768]
Active
Price cut: $24.9K (8/13)
$525,000
5046 NE 7th Ave, Portland, OR 97211
4beds
1,150sqft
Residential, Single Family Residence
Built in 1987
3,920 Square Feet Lot
$-- Zestimate®
$457/sqft
$-- HOA
What's special
Modern light fixturesSingle-level livingFunctional floor planUpdated electrical panelInterior paintRemodeled bathroomsNew wood flooring
- 20 days |
- 823 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Wally Tesfa Wtesfa1@comcast.net,
Acquire Properties
Source: RMLS (OR),MLS#: 781189658
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Dining room
- Level: Main
Kitchen
- Features: Builtin Range, Dishwasher, Disposal
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Air Conditioning Ready
Appliances
- Included: Cooktop, Dishwasher, Disposal, Built-In Range
Features
- Windows: Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,150
- Total interior livable area: 1,150 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Driveway
- Garage spaces: 1
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 3,920 Square Feet
- Features: Corner Lot, SqFt 3000 to 4999
Details
- Parcel number: R261168
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $473,900
- Annual tax amount: $2,945
- Date on market: 8/6/2026
- 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 |
|---|---|---|
| 8/13/2026 | Price change | $525,000-4.5%$457/sqft |
Source:  RMLS (OR) #781189658 Report a problem | ||
| 8/6/2026 | Listed for sale | $549,900+618.8%$478/sqft |
Source: RMLS (OR) #781189658 Report a problem | ||
| 1/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/7/2021 | Price change | $2,095-8.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/22/2021 | Listed for rent | $2,295$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/31/1998 | Sold | $76,500$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,945 +3.7% | $109,310 +3% |
| 2024 | $2,840 +4% | $106,130 +3% |
| 2023 | $2,730 +2.2% | $103,040 +3% |
| 2022 | $2,671 +1.7% | $100,040 +3% |
| 2021 | $2,626 +9% | $97,130 +3% |
| 2020 | $2,409 +3.8% | $94,310 +3% |
| 2019 | $2,321 | $91,570 +3% |
| 2018 | $2,321 +3% | $88,910 +3% |
| 2017 | $2,253 +14% | $86,330 +3% |
| 2016 | $1,976 | $83,820 +3% |
| 2015 | $1,976 +2.7% | $81,380 +3% |
| 2014 | $1,924 +4% | $79,010 +3% |
| 2013 | $1,851 +10.5% | $76,710 +3% |
| 2012 | $1,675 +3.9% | $74,480 +3% |
| 2011 | $1,612 +5.4% | $72,320 +3% |
| 2010 | $1,530 +2.7% | $70,220 +3% |
| 2009 | $1,490 +6% | $68,180 +3% |
| 2008 | $1,406 +0.3% | $66,200 +3% |
| 2007 | $1,402 +11.4% | $64,280 +3% |
| 2006 | $1,259 +4.7% | $62,410 +3% |
| 2005 | $1,202 -8.2% | $60,600 +3% |
| 2004 | $1,310 +2.3% | $58,840 +3% |
| 2003 | $1,281 +8.9% | $57,130 +3% |
| 2002 | $1,176 +7.4% | $55,470 +6.1% |
| 2000 | $1,096 | $52,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: King
Nearby schools
GreatSchools rating
- 8/10Martin Luther King Jr. SchoolGrades: PK-5Distance: 0.1 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Martinl King Jr
- Middle: Harriet Tubman
- 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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