3118 SW 4th Ave, Portland
$500,000
Save- Price per sqft
- $475.74
- Built in
- 1938
- Property size
- 1,051 sqft
- Lot size
- 3,049 sqft
- Property type
- Residential
- Days on market
- 1
Overview
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.
Details
Interior
- Interior features
- Ceiling Fan, Garage Door Opener, Murphy Bed, Soaking Tub, Washer / Dryer, Wood Floors
- Appliances
- Dishwasher, Disposal, Free Standing Range, Range Hood
- Fireplace description
- Gas
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air, Wall Heater
- Windows
- Double Pane Windows
Exterior and lot
- Lot size
- 3,049 sqft
- Exterior features
- Built-in Hot Tub, Covered Deck, Deck, Porch
- Lot features
- Hilly, Sloped, Terraced, Wooded
- Architectural style
- Two Stories, Bungalow
- Roof
- Composition
- View
- Yes
- View description
- City, Mountain
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 1
- Parking
- On Street
- Total parking
- 1
Schools
- High school
- Lincoln
- Middle school
- West Sylvan
- Elementary school
- Ainsworth
Location
- City
- Portland
- County
- Multnomah
- Zoning
- R1
- Subdivision
- Caruthers Add
Taxes and dues
- Annual taxes
- $6,374 (2025)
Location
3118 SW 4th Ave, Portland, OR 97201

Monthly payment estimate
$3,192 /mo
- Principal and interest
- $2,661
- Property tax (2025)
- $531
- Total
- $3,192
Estimate only, and not an offer of credit. Assumes 20% down ($100,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.





