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  • $702,500

    5241 SE 45th Ave, Portland, OR 97206

    5beds
    2,516sqft
    Residential, Single Family Residence
    Built in 1927
    5,227 Square Feet Lot
    $702,100 Zestimate®
    $279/sqft
    $3,498 Estimated rent

    Home value

    $702,100

    Estimated sales range

    Not available

    $3,498/mo

    Zestimate® history
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    What's special

    Sleek countertopsSecure fully fenced backyardUpdated kitchenBrand-new refrigeratorOriginal hardwood floorsStainless steel appliancesFunctional detached garage
    FEATURING OVER $75K IN BRAND-NEW INFRASTRUCTURE UPGRADES, THIS HISTORIC EASTMORELAND-AREA BUNGALOW IS NOW PROUDLY OFFERED AT AN ADJUSTED PRICE OF $719,000. At the seamless convergence of historic Eastmoreland, Woodstock, and quiet Lexington Heights, this beautiful 2,516-sq-ft bungalow blends timeless character with high-value upgrades. Two mature dogwood trees frame the front porch, creating unforgettable curb appeal in this highly desirable Reed College pocket.Inside, find a bright living and dining room with original hardwood floors. The updated kitchen features sleek countertops, stainless steel appliances, and a brand-new refrigerator. The layout offers maximum flexibility with a primary bedroom choice on either the main floor or the upper level, which hosts two oversized bedrooms. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized, representing over $75,000 in recent capital improvements. Experience year-round comfort with a brand-new energy-star furnace and central A/C—added for the first time ever! Enjoy top-tier air quality with a newer, professionally installed radon mitigation system. The wood-burning fireplace features a beautifully rebuilt, fully functional chimney. Major improvements also include a brand-new sewer line and a professional Roof Maxx treatment to maximize shingle longevity.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant food carts and restaurants. Commuters will love the close proximity to Powell Butte, fast access to I-205, and a 20-minute drive to Portland International Airport. Welcome home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Brenner 503-799-1019,

    Berkshire Hathaway HomeServices NW Real Estate

    Bought with:

    Joan-Marie Rogers, 971100105

    Windermere Realty Trust

    Source: RMLS (OR),MLS#: 296889401MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 4, Bedroom 5, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Closet, Wallto Wall Carpet
    • Level: Main
    Bedroom 2
    • Features: Closet, Wallto Wall Carpet
    • Level: Upper
    Bedroom 3
    • Features: Closet, Wallto Wall Carpet
    • Level: Upper
    Bedroom 4
    • Features: Builtin Features, Wallto Wall Carpet
    • Level: Lower
    Bedroom 5
    • Features: Builtin Features, Wallto Wall Carpet
    • Level: Lower
    Dining room
    • Features: Builtin Features, Hardwood Floors
    • Level: Main
    Family room
    • Features: Builtin Features, Wallto Wall Carpet
    • Level: Lower
    Kitchen
    • Features: Dishwasher, Disposal, Microwave, Free Standing Range, Free Standing Refrigerator
    • Level: Main
    Living room
    • Features: Fireplace, Hardwood Floors
    • Level: Main
    Heating
    • ENERGY STAR Qualified Equipment, Forced Air 95 Plus, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Central Vacuum, High Ceilings, High Speed Internet, Quartz, Soaking Tub, Built-in Features, Sink, Closet
    • Flooring: Hardwood, Wall to Wall Carpet, Wood
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,516
    • Total interior livable area: 2,516 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, On Street, Garage Door Opener, Detached
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Yard
    • Fencing: Fenced
    Lot
    • Size: 5,227 Square Feet
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R206652
    • Zoning: R5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Four Square
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $633,670
    • Annual tax amount: $6,813
    • Date on market: 6/2/2026
    • Cumulative days on market: 51 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/11/2026Sold$702,500-2.3%$279/sqft
    Source: RMLS (OR) #296889401 Report a problem
    7/24/2026Pending sale$719,000$286/sqft
    Source: RMLS (OR) #296889401 Report a problem
    7/17/2026Price change$719,000-3.5%$286/sqft
    Source: RMLS (OR) #296889401 Report a problem
    6/20/2026Price change$745,000-2.6%$296/sqft
    Source: RMLS (OR) #296889401 Report a problem
    6/2/2026Listed for sale$765,000+19%$304/sqft
    Source: RMLS (OR) #296889401 Report a problem
    7/5/2024Sold$643,000-4.7%$256/sqft
    Source: RMLS (OR) #24629413 Report a problem
    6/10/2024Pending sale$675,000$268/sqft
    Source: RMLS (OR) #24629413 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,814 +3.7%$252,870 +3%
    2024$6,569 +4%$245,510 +3%
    2023$6,316 +2.2%$238,360 +3%
    2022$6,179 +1.7%$231,420 +3%
    2021$6,075 +9%$224,680 +3%
    2020$5,573 +3.8%$218,140 +3%
    2019$5,368 $211,790 +3%
    2018$5,368 +3%$205,630 +3%
    2017$5,210 +14%$199,650 +3%
    2016$4,570 $193,840 +3%
    2015$4,570 +2.7%$188,200 +3%
    2014$4,450 +3.9%$182,720 +3%
    2013$4,281 +10.5%$177,400 +3%
    2012$3,873 +3.9%$172,240 +3%
    2011$3,727 +5.4%$167,230 +3%
    2010$3,536 +2.7%$162,360 +3%
    2009$3,444 +6%$157,640 +3%
    2008$3,250 +0.3%$153,050 +3%
    2007$3,240 +11.4%$148,600 +3%
    2006$2,910 +4.7%$144,280 +3%
    2005$2,779 -8.2%$140,080 +3%
    2004$3,027 +12.3%$136,000 +13.1%
    2003$2,696 +8.9%$120,240 +3%
    2002$2,476 +7.4%$116,740 +6.1%
    2000$2,305 +7.5%$110,040 +3%
    1999$2,144 $106,840
    Find assessor info on the county website

    Neighborhood: Woodstock

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Woodstock
    • Middle: Hosford
    • High: Cleveland

    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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    Estimated market value
    $702,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $702,100