Listing provided courtesy of Berkshire Hathaway HomeServices NW Real Estate- MLS# 296889401MLS Provider

5241 SE 45TH AVEPortland, OR 97206

Single Family · 5 Beds · 2 Full Baths · 2,516 Sq. ft. | 0.12 Acres
$745,000 Active

5241 SE 45TH AVE Overview

Time on Site:
27 days
Visits:
27

Flexible 5-BR Historic Bungalow Near Reed College ' Modernized & Move-In Ready.At the seamless convergence of historic Eastmoreland, Woodstock, and quiet Lexington Heights, this beautiful 2,516-sq-ft bungalow blends timeless character with high-value upgrades. Two mature dogwood trees frame the front porch, creating unforgettable curb appeal in this highly desirable Reed College pocket.Inside, find a bright living and dining room with original hardwood floors. The updated kitchen features sleek solid-surface countertops, stainless steel appliances, and a brand-new refrigerator. The layout offers maximum flexibility with a primary bedroom choice on either the main floor or the upper level, which hosts two oversized bedrooms with flexible uses. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home movie theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized. Experience year-round comfort with a brand-new furnace and central A/C'added for the first time ever! Enjoy top-tier air quality with a newer, professionally installed radon mitigation system. The wood-burning fireplace features a beautifully rebuilt chimney. Major improvements also include a brand-new sewer line.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a quick 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant Woodstock food carts and restaurants. Commuters will love the close proximity to Powell Butte, fast access to I-205, and a 20-minute drive to Portland International Airport. Welcome home!

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5241 SE 45TH AVE Facts & Features

  • Type Single Family
  • Sq. ft. 2,516
  • Price/Sq.ft. $296
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Woodstock
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Building Information

  • Year Built: 1927

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Tax Information

  • Tax Annual Amount: 6813.57
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R206652
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R5

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 2516.0

General Information

  • Appliances: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s)
  • Basement: Finished
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: ENERGY STAR Qualified Equipment,Forced Air95Plus
  • Interior Features: Central Vacuum,Garage Door Opener,Hardwood Floors,High Ceilings,High Speed Internet,Laundry,Quartz,Soaking Tub,Wall to Wall Carpet,Washer/Dryer,Wood Floors
  • Stories: 2
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 1.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 2 Story,FourSquare
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Yard
  • Sewer: Public Sewer

5241 SE 45TH AVE Neighborhood

Community

97206 (Portland) Demographics

38
Median Age
8,299
Population Density (per sq. mile)
50%
College Educated
$72,463
Estimated Median Income
13,816
Estimated Total Home Owners
7,395
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5241 SE 45TH AVE Market Data

Based on the last 30 days in this zip code

$479,414
Average List Price
$334
Average Price per Square Foot
53
Properties Sold
86
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

5241 SE 45TH AVE History

Date Event Value Agent
6/20/2026Source: Regional MLS Price Reduction
$745,000 -2.6%
6/2/2026Source: Regional MLS Added to Database
June 02, 2026
7/9/2024Source: Regional MLS Status Change
Sold
6/10/2024Source: Regional MLS Status Change
Pending
5/8/2024Source: Regional MLS Added to Database
May 08, 2024