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Home + Sea Realty
1 Bed2 Baths1,051 sqft

3118 SW 4th Ave, Portland

$500,000

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ActiveMLS®: 599952794Listing held by another brokerage, marked RMLS
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

Map showing the location of 3118 SW 4th Ave, Portland, OR 97201
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,192 /mo

20% · $100,000
7.00%
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.

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