Recently Listed Open House 11/6 12pm - 2pm
3118 SW 4TH AVE
Portland, OR, 97201 $ 500,000
Bedrooms1 Baths2.0 Sq 1,051 Monthly Estimate*
$ 3,453
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.
See more
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
FeaturesInteriorInterior 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
See more
GeneralSewer 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
See more
ExteriorExterior 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
See more
* Excluded FeaturesAffordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $736,999
Percent of Sale Price 47%
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.
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/4/2026 | $500,000 | | Listed Price |