506 SW HAMILTON ST Portland, OR $ 725,000
506 SW HAMILTON ST
$ 725,000
Recently Listed
Open House 3/22 1pm - 3pm
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506 SW HAMILTON ST

Portland, OR, 97239
$ 725,000
Bedrooms4 Baths1.1 Sq 3,039

Monthly Estimate*

$ 4,464

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Single Family Home for sale in Portland, OR

for $725,000 with 4 bedrooms and 1 full bath, 1 half bath. This 3,039 square foot home was built in 1929 on a lot size of 0.42.

Perched above the Willamette on a quiet street that ends in a wooded hiking trail, 506 SW Hamilton offers a peaceful haven just five minutes from downtown Portland. This vintage charmer was the personal home of a local builder who designed many of the houses in the area, and the quality of craftsmanship and care is evident throughout. The entry welcomes you with a built-in bench and a walk-in coat closet. Living and dining rooms feature coved ceilings, elegant woodwork, and a fireplace with a wide mantel flanked by beautiful built-in shelving. The bright, cheerful kitchen retains its vintage appeal with original tile and a sunny breakfast nook. From the dining room, step out to the home’s standout feature—an expansive Ipe deck with sweeping views of the forest, river, and city. Even more stunning is the home’s large terraced lot. Spring is an explosion of bloom with cherry, magnolia, apple, pear, and plum trees in every direction. In the summer, enjoy raspberries, blueberries, marionberries, and figs, and watch for the doe and fawn who often cool off on hot afternoons under a circle of plum trees. At the fence line, a detached garden structure with a new roof and deck provides flexible space for a studio, home office, or retreat. The property goes on behind the fenceline and includes a majestic white oak. Upstairs, find four bedrooms and a vintage bathroom with an amazing view! The top level is a large bonus room complete with a skylight. The spacious daylight basement has potential for conversion into additional living space. One of Portland’s hidden gems, the Homestead neighborhood invites you outdoors. The block ends at a forest path with a year-round creek and ascends to Terwilliger Parkway with access to Forest Park trails. Across the street is a great pocket park with one of the area’s notable viewpoints of Mount Hood. OHSU is less than five minutes away, and a short drive connects you to Hawthorne, Division, Hillsdale, and Sellwood. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244316]

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Open House

3/22/2026 1:00 PM - 3:00 PM
506 SW HAMILTON ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 725,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 9,900

Style

Colonial,Traditional

Lot Size

0.42

Year Built

1929

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

576454978

Features
Interior
Interior Amenities Floor3rd CeilingFan GarageDoorOpener HardwoodFloors Laundry Skylight TileFloor WasherDryer
Basement Daylight ExteriorEntry Unfinished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas Tankless
Window Features WoodFrames
Total Bathrooms 1.1
Total Bedrooms 4
Total Baths 2
1/2 Baths 1
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General
Sewer PublicSewer
Heating Radiant
Roof Composition
Appliances Dishwasher FreeStandingGasRange FreeStandingRefrigerator Microwave Pantry StainlessSteelAppliance Tile
Garage Spaces 1.0
Architectural Style Colonial Traditional
Year Built 1929
Stories Count 4
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R247789
County Multnomah
Property Type Residential
HOA N
Subdivision Name HOMESTEAD
Full Baths 1
Status Active
Directions Terwilliger / Barbur
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 18295.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ainsworth
Tax Annual Amount 9900.62
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=dKw3fRSL3Nf&brand=0
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PORTLAND HMSTD BLOCK 16 E 1/2 OF LOT 4
ADU False
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Exterior
Exterior Amenities Deck Fenced Outbuilding Patio PublicRoad Yard
Parking Features Driveway OnStreet
Lot Features PublicRoad Sloped Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3039.0
Lot Size Acres 0.42
Road Surface Type Paved
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Internal Only
Street Number 1 506
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* Excluded Features
List By
Neighbors Realty

Broker

503-444-9338

Contact

Affordability Calculator

$5,289
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$825
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$725,000 Listed Price

Map


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506 SW HAMILTON ST, Portland, OR, 97239 is a Single Family Home for sale at $725,000 with 3,039 sqft and a lot size of 0.42. 506 SW HAMILTON ST has 4 bedrooms, 1.1 baths, and was built in 1929. The property's zip code is 97239 which is in Portland, OR