5241 SE 45TH AVE Portland, OR $ 765,000
5241 SE 45TH AVE
$ 765,000
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5241 SE 45TH AVE

Portland, OR, 97206
$ 765,000
Bedrooms5 Baths2.0 Sq 2,516

Monthly Estimate*

$ 4,710

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Single Family Home for sale in Portland, OR

for $765,000 with 5 bedrooms and 2 full baths. This 2,516 square foot home was built in 1927 on a lot size of 0.12.

Flexible 5-BR Historic Bungalow Near Reed College – Modernized & Move-In Ready.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 solid-surface 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 with flexible uses. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home movie theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized. Experience year-round comfort with a brand-new 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 chimney. Major improvements also include a brand-new sewer line.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a quick 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant Woodstock 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!

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Single Family Active

Price

$ 765,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 6,813

Style

Stories2,FourSquare

Lot Size

0.12

Year Built

1927

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

296889401

Features
Interior
Interior Amenities CentralVacuum GarageDoorOpener HardwoodFloors HighCeilings HighSpeedInternet Laundry Quartz SoakingTub WalltoWallCarpet WasherDryer WoodFloors
Basement Finished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 5
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ENERGYSTARQualifiedEquipment ForcedAir95Plus
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Microwave StainlessSteelAppliance
Zoning R5
Garage Spaces 1.0
Architectural Style Stories2 FourSquare
Year Built 1927
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R206652
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions SE Milwaukie Ave L on SE Holgate Blvd R on SE Cesar E Chavez Blvd L on SE Steele St go .3 miles
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Woodstock
Tax Annual Amount 6813.57
Middle/Junior High School Hosford
Property Condition Resale
Virtual Tour https://media.cbhomephotography.com/sites/eygoxjll/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LEXINGTON HTS BLOCK 4 LOT 11
ADU False
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Exterior
Exterior Amenities Fenced Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2516.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 5241
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

kbrenner@bhhsnw.com

Email

Affordability Calculator

$5,278
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,710
Monthly Property Taxes
$568
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
1949320 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$765,000 Listed Price

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5241 SE 45TH AVE, Portland, OR, 97206 is a Single Family Home for sale at $765,000 with 2,516 sqft and a lot size of 0.12. 5241 SE 45TH AVE has 5 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 97206 which is in Portland, OR