5721 SW 48TH AVE
Portland, OR, 97221 $ 925,000
Bedrooms4 Baths1.1 Sq 3,709 Monthly Estimate*
$ 6,389
for $925,000 with 4 bedrooms and 1 full bath, 1 half bath. This 3,709 square foot home was built in 1915 on a lot size of 0.44.
Welcome to The Wonder on 48th! Rich in history and full of character. This 1915 Hayhurst charmer has nearly half an acre, a permitted ADU, and a detached workshop. Not your everyday Portland property—and that's exactly the point. Inside, you'll find four bedrooms, a light-filled sunroom, and the kind of personality you just don't find in newer homes. Recent updates include a new roof, furnace, water heater, ductwork, and kitchen appliances. The attached, permitted ADU features its own kitchenette and bathroom, offering flexibility for guests, extended family, or multigenerational living. The permitted detached workshop is ready for makers, tinkerers, artists, or anyone with a project in mind, complete with 220V power and plumbing capability. Outside, the fully fenced lot is surrounded by mature landscaping with plenty of room for gardening, backyard gatherings, or simply enjoying a little extra space. A two-car garage and partially finished basement add even more functionality. Located near Hayhurst Elementary and just minutes from the shops, restaurants, coffee spots, and neighborhood favorites of Multnomah Village, this home offers a little breathing room without leaving the conveniences of city living behind. Vintage charm, creative possibilities, and a location that's distinctly Portland. The Wonder on 48th is ready for its next chapter!
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FeaturesInteriorInterior Amenities AccessoryDwellingUnit CeilingFan ConcreteFloor GarageDoorOpener HardwoodFloors Laundry SeparateLivingQuartersApartmentAuxLivingUnit Skylight WasherDryer
Basement FullBasement PartiallyFinished
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas
Window Features StormWindow WoodFrames
Total Bathrooms 1.1
Total Bedrooms 4
Total Baths 2
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling WindowUnit
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Microwave StainlessSteelAppliance
Garage Spaces 2.0
Architectural Style Craftsman
Year Built 1915
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R259006
County Multnomah
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions SW Cameron to SW 48th
High School Ida B Wells
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 19166.0
Listing Terms Cash Conventional
Elementary School Hayhurst
Tax Annual Amount 14528.39
Middle/Junior High School Robert Gray
Property Condition Resale
Virtual Tour https://media.pacwestrmg.com/5721-SW-48th-Ave/idx
Standard Status Active
Accessory Dwelling Unit Y/N Y
Legal Description RONALD PL BLOCK 1 LOT 1-4 TL 1800
ADU True
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ExteriorExterior Amenities AccessoryDwellingUnit Fenced Porch Workshop Yard
Parking Features Driveway OnStreet
Lot Features GentleSloping
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description WoodSiding
Building Area Total 3709.0
Lot Size Acres 0.44
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* Excluded FeaturesList ByCascade Hasson Sotheby's International RealtyBroker
melissa.mcreynolds@cascadehasson.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,389
- Monthly Property Taxes
- $1,211
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $734,573
Percent of Sale Price 21%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3254088 Elementary School
3254083 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $925,000 | | Listed Price |