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    • Price cut: $25K (3/7)
    $470,000

    4815 SW 1st Ave, Portland, OR 97201

    3beds
    1,608sqft
    : 
    Residential, Townhouse
    Built in 1996
    2,178 Square Feet Lot
    $-- Zestimate®
    $292/sqft
    $84/mo HOA

    What's special

    Gas fireplaceFormal dining areaPrivate fenced backyardSpacious backyardFresh new interior paintNew carpetingOpen floor plan
    Dreaming of owning a home in one of the most convenient and desirable locations near Downtown Portland? This charming end-unit townhome offers the perfect blend of comfort and location, just minutes from Downtown Portland, the waterfront, HWY, OHSU, and more—all for under $500K!This home features an open floor plan and a spacious backyard. Fresh new interior paint, new carpeting, and an updated kitchen with granite countertops are just the beginning. The main level boasts hard surface floors, a formal dining area, a kitchen with an eating bar, a gas fireplace, and an outdoor deck that overlooks the private backyard. Upstairs, you'll find two spacious bedrooms and a full bathroom, while the lower level offers a generously sized bedroom and a full bath, with separate outside access—perfect for a guest suite or ADU or Airbnb potential. The private fenced backyard offers ample space for gardening or outdoor gatherings. Plus, enjoy the benefit of being in a top-rated school district. This charming townhome lives like a single-family home. Don’t miss out—schedule your private tour today! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10112325]
    249 days
    |
    779
    |
    53
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 14, 2026 at 05:01am

    Listed by:

    Mavis Dudley 770-825-1511,

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 770507816MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Suite, Vaulted Ceiling, Wallto Wall Carpet
      • Level: Upper
      • Area: 272
      • Dimensions: 16 x 17
      Bedroom 2
      • Features: Laminate Flooring, Suite
      • Level: Upper
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 3
      • Features: Patio, Sliding Doors, Wallto Wall Carpet
      • Level: Lower
      • Area: 285
      • Dimensions: 15 x 19
      Dining room
      • Features: Laminate Flooring
      • Level: Main
      • Area: 132
      • Dimensions: 11 x 12
      Kitchen
      • Features: Disposal, Free Standing Refrigerator, Granite, Laminate Flooring
      • Level: Main
      • Area: 72
      • Width: 9
      Living room
      • Features: Deck, Fireplace, Sliding Doors, Laminate Flooring
      • Level: Main
      • Area: 272
      • Dimensions: 16 x 17
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Disposal, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Gas Water Heater
      Features
      • Granite, Soaking Tub, Suite, Vaulted Ceiling(s)
      • Flooring: Wall to Wall Carpet, Laminate
      • Doors: Sliding Doors
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,608
      • Total interior livable area: 1,608 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Attached
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Entrance, Main Floor Bedroom Bath, Accessibility
      Features
      • Levels: Tri Level
      • Stories: 3
      • Patio & porch: Deck, Patio
      • Exterior features: Yard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Seasonal
      Lot
      • Size: 2,178 Square Feet
      • Features: Corner Lot, SqFt 0K to 2999
      Details
      • Parcel number: R285483

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Residential, Townhouse
      • Attached to another structure: Yes
      Materials
      • Brick, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Commons, Management
      • HOA fee: $1,006 annually
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $292/sqft
      • Tax assessed value: $492,130
      • Annual tax amount: $8,553
      • Date on market: 8/6/2025
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/7/2026Price change$470,000-5.1%$292/sqft
        Source: RMLS (OR) #770507816 Report a problem
        8/6/2025Listed for sale$495,000+23.8%$308/sqft
        Source: RMLS (OR) #770507816 Report a problem
        7/8/2025Listing removed$2,900$2/sqft
        Source: Zillow Rentals Report a problem
        6/8/2025Listed for rent$2,900+1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        5/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/9/2024Listed for rent$2,850$2/sqft
        Source: Zillow Rentals Report a problem
        6/20/2019Sold$399,900+63.2%$249/sqft
        Source: RMLS (OR) #18351189 Report a problem
        12/23/2004Sold$245,000$152/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$8,743 +2.2%$330,560 +3%
        2024$8,553 +3.7%$320,940 +3%
        2023$8,249 +2.2%$311,600 +3%
        2022$8,071 +7.9%$302,530 +3%
        2021$7,479 +6.5%$293,720 +3%
        2020$7,024 +0.3%$285,170 +3%
        2019$7,003 $276,870 +3%
        2018$7,003 $268,810

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,726/mo
        Principal & interest
        $2266
        Property taxes
        $376
        HOA Fees
        $84
        More affordability tools

          Climate risks

          Neighborhood: Corbett-Terwilliger-Lair Hill

          Getting around

          73 / 100
          Very Walkable
          62 / 100
          Good Transit
          70 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Capitol Hill
          • Middle: Jackson
          • High: Ida B Wells

          Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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