3948 NE 135TH AVE Portland, OR $ 540,000
3948 NE 135TH AVE
$ 540,000
Recently Listed
Open House 9/25 4pm - 6pm
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3948 NE 135TH AVE

Portland, OR, 97230
$ 540,000
Bedrooms4 Baths3.0 Sq 1,964

Monthly Estimate*

$ 3,410

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Single Family Home for sale in Portland, OR

for $540,000 with 4 bedrooms and 3 full baths. This 1,964 square foot home was built in 1972 on a lot size of 0.23.

On the market for the very first time, this well cared for tri-level tucked away in peaceful Strathmore / Argay Terrace neighborhood is move-in ready with plenty of original character, while offering opportunity to make your own improvements. Inside, the inviting main level offers a formal living room with gas fireplace & custom built-ins, a functional kitchen w/ eat bar & dining area with sliding doors opening to an outstanding backyard. The upper level includes a primary bedroom with bath, 2 additional bedrooms and a 2nd bathroom. The daylight basement expands the home's versatility with a large family room w/ wet bar, a 4th bedroom, full bath and a laundry area with direct access to the backyard. Outside, the backyard is designed for relaxation and gatherings, with an oversized covered concrete patio ideal for gatherings, celebrations and relaxation. A large garden shed with electrical offers workshop, craft or other potential. Gas furnace, central air and roof have all been replaced within the past 5-6 years, giving your buyers assurance in the years to come. An attached 2 car garage, RV parking and additional covered carport parking provides plenty of options to park your cars and recreational vehicles. Close to schools, nearby parks and COSTCO with easy access to the airport & freeways!

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Open House

9/25/2026 4:00 PM - 6:00 PM
3948 NE 135TH AVE 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

$ 540,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 6,829

Style

TriLevel

Lot Size

0.23

Year Built

1972

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

432426700

Features
Interior
Interior Amenities CeilingFan GarageDoorOpener Skylight VinylFloor WalltoWallCarpet WasherDryer
Basement Daylight Finished
Total Fireplaces 1
Fireplace Features Gas
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 3.0
Total Bedrooms 4
Total Baths 3
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator StainlessSteelAppliance
Garage Spaces 2.0
Architectural Style TriLevel
Year Built 1972
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R277099
County Multnomah
Property Type Residential
HOA N
Subdivision Name ARGAY TERRACE
Full Baths 3
Status Active
Directions North on 122nd Ave; East on Shaver right on 136th to the house on 135th.
High School Parkrose
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional FHA StateGILoan VALoan
Elementary School Shaver
Tax Annual Amount 6829.6
Middle/Junior High School Parkrose
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description STRATHMORE BLOCK 2 LOT 16
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced RaisedBeds ToolShed Yard
Parking Features Carport Driveway
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached ExtraDeep
Exterior Description Brick WoodSiding
Building Area Total 1964.0
Lot Size Acres 0.23
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 3948
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* Excluded Features
List By
Alameda Realty Llc

Broker

AlamedaRealtyPdx@gmail.com

Contact

Affordability Calculator

$3,979
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,410
Monthly Property Taxes
$569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950296 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$540,000 Listed Price

Map


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3948 NE 135TH AVE, Portland, OR, 97230 is a Single Family Home for sale at $540,000 with 1,964 sqft and a lot size of 0.23. 3948 NE 135TH AVE has 4 bedrooms, 3.0 baths, and was built in 1972. The property's zip code is 97230 which is in Portland, OR