3118 SW 4TH AVE Portland, OR $ 500,000
3118 SW 4TH AVE
$ 500,000
Recently Listed
Open House 11/6 12pm - 2pm
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3118 SW 4TH AVE

Portland, OR, 97201
$ 500,000
Bedrooms1 Baths2.0 Sq 1,051

Monthly Estimate*

$ 3,453

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Single Family Home for sale in Portland, OR

for $500,000 with 1 bedroom and 2 full baths. This 1,051 square foot home was built in 1938 on a lot size of 0.07.

A little hideaway above the city, with room to slow down. Tucked along a small hillside lane near OHSU, this sweet cottage feels like a world of its own. Start your morning with coffee on the deck, catch Mt. Hood on a clear day, and watch the aerial tram glide across the hillside. Generous decks, covered sitting areas, and mature greenery create little pockets for gathering, gardening, or keeping the evening entirely to yourself. A tucked-in hot tub makes staying home especially tempting. Inside, warm wood floors, charming built-ins, and a cozy gas stove invite you to settle in. A Murphy bed folds neatly into the living-room cabinetry, making overnight guests feel at home while keeping everyday living spacious. Glass doors open to the deck, bringing the outdoors into the living space, with a cozy character-filled kitchen. Downstairs, the bedroom retreat offers generous storage, a full bathroom, and its own outdoor access. Nearby trails lead toward Terwilliger, with Lair Hill Park, OHSU, and South Waterfront connections close by. Roof replaced in 2025. All appliances, Murphy bed, and hot tub included. Seller offering a closing-cost credit toward making the lower-level flooring your own. A little sanctuary with the city still within reach and a stones throw to the best healthcare we have in Oregon: OHSU, Portland VA Medical Center, Shriners Children's Hosptial, Legacy, Providence, and DDC.

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Open House

11/6/2026 12:00 PM - 2:00 PM
11/7/2026 12:00 PM - 2:00 PM
3118 SW 4TH 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

$ 500,000

Bedrooms

1

Full Bath

2

Property Type

Single Family

Taxes

$ 6,373

Style

Stories2,Bungalow

Lot Size

0.07

Year Built

1938

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

599952794

Features
Interior
Interior Amenities CeilingFan GarageDoorOpener MurphyBed SoakingTub WasherDryer WoodFloors
Basement Finished
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 1
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir WallHeater
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange RangeHood
Zoning R1
Garage Spaces 1.0
Architectural Style Stories2 Bungalow
Year Built 1938
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R128995
County Multnomah
Property Type Residential
HOA N
Subdivision Name Caruthers Add
Full Baths 2
Status Active
Directions GPS
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 3049.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ainsworth
Tax Annual Amount 6373.81
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=VYkJfZPM8TG&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CARUTHERS ADD BLOCK 110 N 25' OF LOT 6 EXC PT IN ST E 53.16' O
ADU False
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Exterior
Exterior Amenities BuiltinHotTub CoveredDeck Deck Porch
Parking Features OnStreet
Lot Features Hilly Sloped Terraced Wooded
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1051.0
Lot Size Acres 0.07
Road Surface Type Paved
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Internal Only
Street Number 1 3118
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* Excluded Features
List By
Works Real Estate

Broker

503-744-5973

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Affordability Calculator

$3,984
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$531
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.
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Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$500,000 Listed Price

Map


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3118 SW 4TH AVE, Portland, OR, 97201 is a Single Family Home for sale at $500,000 with 1,051 sqft and a lot size of 0.07. 3118 SW 4TH AVE has 1 bedrooms, 2.0 baths, and was built in 1938. The property's zip code is 97201 which is in Portland, OR