315 SW 48TH DR Portland, OR $ 745,000
315 SW 48TH DR
$ 745,000
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315 SW 48TH DR

Portland, OR, 97221
$ 745,000
Bedrooms2 Baths2.1 Sq 1,622

Monthly Estimate*

$ 4,648

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Single Family Home for sale in Portland, OR

for $745,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,622 square foot home was built in 2007 on a lot size of 0.12.

Fun and dramatic contemporary home, just minutes from NW 23rd, the Hoyt Arboretum, and the Japanese Gardens. The main floor features an open living room, with concrete floors. A large glass french front door opens to a patio with a striking water feature wall. The galley style kitchen includes a gas range, newer refrigerator and dishwasher and an eating bar, opening to the dining room. Walls of windows fill the home with natural light, offering tranquil views of the surrounding trees of the West Hills. Two primary suites upstairs boast soaring vaulted wood and beamed ceilings. There are two additional loft spaces in the one primary suite that can serve as a home office, meditation/yoga space, or quiet sitting areas. A unique rolling library ladder helps you access these spaces. A private outdoor deck can be accessed from upstairs, as well. Tucked in the stairwell are beautiful built in bookshelves that provide stunning warmth for your treasures and books. Recent updates include a new roof (2024) and a new gas furnace, with a heat pump for air conditioning (2025). [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240365]

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Single Family Pending

Price

$ 745,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 9,726

Style

Stories2,Contemporary

Lot Size

0.12

Year Built

2007

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

441811639

Features
Interior
Interior Amenities CeilingFan HardwoodFloors HighCeilings TileFloor VaultedCeiling WalltoWallCarpet WasherDryer WoodFloors
Hot Water Gas
Window Features WoodFrames
Total Bathrooms 2.1
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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General
Sewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Composition
Appliances ApplianceGarage Dishwasher Disposal DownDraft FreeStandingRange FreeStandingRefrigerator GasAppliances Island Microwave PlumbedForIceMaker
Garage Spaces 2.0
Architectural Style Stories2 Contemporary
Security Features SecuritySystemLeased
Year Built 2007
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R486825
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Pending
Directions BURNSIDE TO SW 48TH - LEFT JUST BEFORE TUNNEL IF COMING FROM DOWNTOWN
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Chapman
Tax Annual Amount 9726.91
Middle/Junior High School West Sylvan
Property Condition Approximately
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description MEL'S HEIGHTS LOT 4
ADU False
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Exterior
Exterior Amenities Deck Patio WaterFeature
Parking Features Driveway
Lot Features Sloped Trees
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description MetalSiding WoodSiding
Building Area Total 1622.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Matin Real Estate

Broker

reed@matinrealestate.com

Email

Affordability Calculator

$5,458
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,648
Monthly Property Taxes
$811
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949026 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$745,000 -5.70% Price Down
10/1/2025$790,000 -3.66% Price Down
9/18/2025$820,000 -2.96% Price Down
8/16/2025$845,000 -2.31% Price Down
7/31/2025$865,000 Listed Price

Map


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315 SW 48TH DR, Portland, OR, 97221 is a Single Family Home for sale at $745,000 with 1,622 sqft and a lot size of 0.12. 315 SW 48TH DR has 2 bedrooms, 2.1 baths, and was built in 2007. The property's zip code is 97221 which is in Portland, OR