Welcome to this beautifully maintained classic Mid Century Modern condo in the desirable Raleigh Hills area! This 2-bedroom, 1.5-bath home offers a perfect blend of comfort and style, featuring rich hardwood floors and a unique pass-through fireplace that adds warmth and character to both living spaces. Enjoy seamless indoor-outdoor living with a private patio and deck—ideal for relaxing or entertaining with lovely views of the property. The community boasts a sparkling pool and truly stunning, well-manicured landscaping that creates a peaceful, park-like setting. Convenience is unmatched with two dedicated parking spaces and a prime location just minutes from Washington Square, along with nearby shopping, dining, services, and easy access to public transportation. A fantastic opportunity for low-maintenance living in one of the area’s most sought-after locations!
Active
Price cut: $16K (5/26)
$299,000
5225 SW Oleson Rd APT 15, Portland, OR 97225
2beds
1,113sqft
Residential, Condominium
Built in 1959
-- sqft lot
$295,500 Zestimate®
$269/sqft
$604/mo HOA
What's special
Rich hardwood floors
- 75 days |
- 526 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Susan Johnston-Wright 503-939-8088,
MORE Realty
Source: RMLS (OR),MLS#: 253665374
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors, Ensuite
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 2
- Features: Hardwood Floors
- Level: Main
- Area: 99
- Dimensions: 9 x 11
Dining room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Features: Deck, Dishwasher, Exterior Entry, Microwave, Pantry, Builtin Oven, Free Standing Refrigerator
- Level: Main
- Area: 90
- Width: 10
Living room
- Features: Fireplace, Hardwood Floors, Vaulted Ceiling
- Level: Main
- Area: 323
- Dimensions: 17 x 19
Heating
- Baseboard, Mini Split, Fireplace(s)
Cooling
- Has cooling: Yes
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Free-Standing Refrigerator, Microwave, Electric Water Heater
- Laundry: Common Area
Features
- Vaulted Ceiling(s), Pantry
- Flooring: Hardwood
- Windows: Storm Window(s)
- Basement: Crawl Space,Storage Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,113
- Total interior livable area: 1,113 sqft
Property
Parking
- Parking features: Deeded, Off Street, Condo Garage (Undeeded)
Accessibility
- Accessibility features: Accessible Entrance, Accessible Hallway, Ground Level, One Level, Parking, Accessibility
Features
- Stories: 1
- Entry location: Ground Floor
- Patio & porch: Covered Deck, Covered Patio, Deck
- Exterior features: Exterior Entry
- Has private pool: Yes
- Has view: Yes
- View description: Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Features: Commons, Level
Details
- Parcel number: R100456
Construction
Type & style
- Home type: Condo
- Architectural style: Mid Century Modern
- Property subtype: Residential, Condominium
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- Resale
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Sidewalk
- Subdivision: Raleigh Hills
HOA
- Has HOA: Yes
- Amenities included: All Landscaping, Commons, Exterior Maintenance, Laundry, Maintenance Grounds, Management, Pool, Trash
- HOA fee: $604 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $360,270
- Annual tax amount: $3,497
- Date on market: 4/6/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$295,500
$281,000 - $310,000
$1,962/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $299,000-5.1%$269/sqft |
Source:  RMLS (OR) #253665374 Report a problem | ||
| 4/6/2026 | Listed for sale | $315,000+16.7%$283/sqft |
Source: RMLS (OR) #253665374 Report a problem | ||
| 11/8/2025 | Listing removed | $1,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2025 | Listed for rent | $1,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2018 | Sold | $270,000+57%$243/sqft |
Source: Public Record Report a problem | ||
| 1/30/2014 | Sold | $172,000-1.7%$155/sqft |
Source: RMLS (OR) #13498799 Report a problem | ||
| 12/9/2013 | Listed for sale | $175,000$157/sqft |
Source: realty trust group inc #13498799 Report a problem | ||
| 8/13/2013 | Listing removed | $175,000$157/sqft |
Source: realty trust group inc #13498799 Report a problem | ||
| 7/5/2013 | Listed for sale | $175,000$157/sqft |
Source: Realty Trust Group, Inc. #13498799 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,497 +4.4% | $185,070 +3% |
| 2024 | $3,351 +6.5% | $179,680 +3% |
| 2023 | $3,147 +3.3% | $174,450 +3% |
| 2022 | $3,045 +3.7% | $169,370 |
| 2021 | $2,936 +3.1% | -- |
| 2020 | $2,847 +3.4% | $159,660 +3% |
| 2019 | $2,754 +3.4% | $155,010 |
| 2018 | $2,664 | $155,010 +6.1% |
| 2017 | $2,664 +7.6% | $146,120 +3% |
| 2016 | $2,477 | $141,870 +3% |
| 2015 | $2,477 +4% | $137,740 +3% |
| 2014 | $2,381 +10.7% | $133,730 +3% |
| 2013 | $2,151 +5.6% | $129,840 +3% |
| 2012 | $2,037 +2.8% | $126,060 -8.3% |
| 2011 | $1,982 +2.6% | $137,460 -14.4% |
| 2010 | $1,932 +2.1% | $160,530 -6.4% |
| 2009 | $1,892 +8.4% | $171,430 -1.7% |
| 2008 | $1,745 +2.5% | $174,430 +3.7% |
| 2007 | $1,702 +11.6% | $168,270 +3.6% |
| 2006 | $1,525 -10.3% | $162,380 +10.5% |
| 2005 | $1,700 +11.9% | $147,000 +5.9% |
| 2004 | $1,520 -2.7% | $138,840 +18.7% |
| 2003 | $1,562 +9.8% | $116,930 +11.7% |
| 2002 | $1,422 +2.9% | $104,690 +2.3% |
| 2001 | $1,382 +10.6% | $102,360 -0.6% |
| 2000 | $1,249 | $102,970 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 97225
Nearby schools
GreatSchools rating
- 8/10Montclair Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Whitford Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Southridge High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Montclair
- Middle: Whitford
- High: Southridge
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.
- Oregon
- Washington County
- Raleigh Hills
- 97225
- 5225 SW Oleson Rd Apartment 15
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