1531 SE 48th Ave
Portland, OR 97215
Map
- 4 beds
- 2 baths
- 3,304 sqft
- 3,920 sqft lot
- $261 per sqft
- 1910 build
- – on site
Exceptionally well maintained single family home & ADU with unique income opportunity! 3 bedroom home with a permitted 1 bedroom ADU in the Richmond neighborhood/Hawthorne District, one of Portlands most sought after locations. Incredible convenience with a 92 walk score, 100 bike score, surrounded by fine/casual dining, bookstores, vintage shops, boutiques and cafes. Approx 1 mile to both Mt Tabor & Laurelhurst Parks. The ADU allows opportunity for short or long-term renters, a safe space for parents with no stairs or a separate apartment for teenagers/college students. Maintaining original detail, charm and quality was carefully considered through extensive updates. Main floors offer great functional flow with hardwoods, stainless appliances, solar skylights, vinyl windows, custom cabinetary and tiles. New foundation and spacious 1 bedroom ADU professionally built in 2017. ADU features separate electric meter, laundry, private entry, exposed beams, mini-split heating/AC and full kitchen with sleek modern industrial finishes. Decks in both front and back with a low maintenance fenced backyard. Wiring available for electric car charging. Truly too much to list, ask your agent for the updating expenditure list. Move in ready & must see! Information is deemed reliable but not guaranteed, buyers to do their own due diligence when purchasing property.
Last checked:
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Checking…
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Last updated Jun 7, 2025
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MLS# 749934195 —
The Building
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Year Built:1910
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New Construction:false
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Architectural Style:Craftsman, CustomStyle
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Roof:Composition
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Stories:3
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Basement:ExteriorEntry,Finished,SeparateLivingQuartersApartmentAuxLivingUnit
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Exterior Description:Other, WoodSiding
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Building Area Description:Appraisal
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Building Area Total:3304.0
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Building Area Calculated:2065
Interior
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Fireplace:true
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Fireplaces Total:1
Room Dimensions
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Main Level Area Total:1393
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Upper Level Area Total:672
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Lower Level Area Total:1239
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Hawthorne , south 48th, house on Right
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Latitude:45.511502
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Longitude:-122.61342
The Property
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Parcel Number:R176644
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:Level
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Lot Size Range:SqFt3000to4999
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Lot Size Acres:0.09
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Lot Size SqFt:3920.0
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Zoning:R2.5
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 381-0731
- Office phone:
- (503) 445-7660
Taxes
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Tax Year:2024
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Tax Legal Description:HAWTHORNE AVE ADD, BLOCK 8, S 1/2 OF LOT 10, LOT 11
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Tax Annual Amount:7672.38
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:1.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:1
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Full Baths Lower Level:1
Heating & Cooling
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Heating:Ductless, ForcedAir
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Heating:true
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Cooling:MiniSplit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:PublicWater
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Fuel Description:Electricity, Gas
Schools
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Elementary School:Glencoe
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Middle Or Junior School:Mt Tabor
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High School:Franklin
The Community
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Subdivision Name:HAWTHORNE
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Senior Community:false
Parking
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Attached Garage:false
Monthly cost estimate
Asking price
$865,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,631
|
| Taxes | $639 |
| Insurance | $237 |
| Utilities | $237 See report |
| Total | $5,744/mo.* |
| *This is an estimate |
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/6/25
Jun 6, 2025
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Listed / Active | RMLS | $865,000 |
56% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $61k above asking price on average, but some went as high as $225k over asking price.
