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Off market
  • $656,500

    4640 SW Kelly Ave, Portland, OR 97239

    3beds
    2,100sqft
    Townhouse
    Built in ----
    -- sqft lot
    $656,500 Zestimate®
    $313/sqft
    $3,408 Estimated rent

    Home value

    $656,500

    $617,000 - $696,000

    $3,408/mo

    Zestimate® history
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    What's special

    Welcome home to this stunning fully furnished, three-bedroom, three-and-a-half-bath townhome just steps from Portland's South Waterfront, OHSU, the Willamette River, Dog Parks and the Portland Streetcar. Enjoy breathtaking views of the Willamette River and Mt. Hood, with easy access to Downtown, John's Landing, Sellwood, and Willamette Park. Walk to the OHSU Wellness Center, Zupan's Market, and miles of riverfront bike and pedestrian trails. This is the perfect place for anyone seeking luxury, comfort, and a prime location in the heart of Portland. Home Features: - 2,100 sq. ft. of living space - 3 spacious bedrooms and 3.5 modern bathrooms - 2-car attached tandem garage + street parking with permit - Gas fireplace and new central A/C system installed in 2024 - Fully equipped gourmet kitchen with Bosch appliances - New commercial-grade Maytag washer and dryer - Nest smart thermostat for energy-efficient comfort - Multiple outdoor spaces: 100 sq. ft. deck and 300 sq. ft. private patio - Bonus room with wet bar and 70" TV for entertaining or relaxing Tech and Entertainment Ready: - 70" TV in bonus room - 55" TV in main living area - 50" TV in master suite - Wine cooler and beverage center - High-speed internet Layout Highlights: First Floor: - Dream Cloud Queen bed in master suite with ensuite bath and 50" TV - Guest bedroom/office with full bath and dedicated workspace - Laundry with full-size commercial Maytag washer/dryer Second Floor: - Spacious living and dining area with 55" TV - Modern kitchen with stainless steel appliances - Half bath and 100 sq. ft. outdoor deck Third Floor: - Second guest bedroom with Dream Cloud Queen bed and ensuite bath - Bonus room with wet bar, 70" TV, and access to a large private patio Garage: - Tandem two-car garage with high ceilings - Storage shelves, freezer, and bike storage Rental Terms: - $2,400 move in credit with with 12 month lease! - 30-day minimum lease - Fully furnished - Pets considered on a case-by-case basis with additional pet rent #JohnsLanding #SouthWaterfront #SWPortland #LairHill #Corbett #Terwilliger #LakeOswego #OHSU #Lewis and Clark #Willamette River #Underarmour #Chrome #NIKE #Intel #Adidas #Hillsdale #Macadam #Legacy #Providence Flexible Leasing Options: 30-day minimum lease with the flexibility to extend Included Utilities: Garbage and recycling covered by owner Refundable Security Deposit: $2,000.00 Non-Refundable Pet Deposit: $300.00 (if applicable) Professional Cleaning Fee: $500.00 (one-time)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 7 hours ago

    Listing updated: December 15, 2025 at 08:52am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Washer
    • Laundry: In Unit
    Features
    • Individual Climate Control
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Parking features: Attached, Garage, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: 70" TV, Ample storage shelves, Bicycle storage, Garbage included in rent, Kitchen Amenities, Two Bikes
    Details
    • Parcel number: R557209

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Utilities & green energy

    • Utilities for property: Garbage

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other fees
    • Deposit fee: $2,000

    Other

    Other facts
    • Available date: 07/01/2026

    Price history

    DateEventPrice
    12/18/2025Listing removed$3,990$2/sqft
    Source: Zillow Rentals Report a problem
    11/18/2025Listed for rent$3,990$2/sqft
    Source: Zillow Rentals Report a problem
    8/19/2025Listing removed$3,990$2/sqft
    Source: Zillow Rentals Report a problem
    7/18/2025Price change$3,990-7%$2/sqft
    Source: Zillow Rentals Report a problem
    7/16/2025Price change$4,290-10.6%$2/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,914 -0.8%$462,970 +3%
    2024$12,015 +4%$449,490 +3%
    2023$11,553 +2.2%$436,400 +3%

    Find assessor info on the county website

    Neighborhood: Corbett-Terwilliger-Lair Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $656,500
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    Estimated market value
    $656,500