5241 SE 45TH AVE, Portland, OR 97206

$702,500
5
BD
2
BA
2,516
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$702,500
List Price
$719,000
Closing Date
Aug 11, 2026
Days on Market
70
Status
SOLD
MLS#
296889401
Bedrooms
5
Bathrooms
2
Living Area
2,516
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

Property Description

FEATURING OVER $75K IN BRAND-NEW INFRASTRUCTURE UPGRADES, THIS HISTORIC EASTMORELAND-AREA BUNGALOW IS NOW PROUDLY OFFERED AT AN ADJUSTED PRICE OF $719,000. 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 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. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized, representing over $75,000 in recent capital improvements. Experience year-round comfort with a brand-new energy-star 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, fully functional chimney. Major improvements also include a brand-new sewer line and a professional Roof Maxx treatment to maximize shingle longevity.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant 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!

Additional Information

Tax Amount
$6,813
Year Built
1927
High School
Cleveland
Elementary School
Woodstock
Middle School
Hosford
Fireplaces Total
1
Garage Spaces
1
Garage Type
Detached
Acres
0.12
Living Area
2,516
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Wood Burning
Fuel Description
Electricity, Gas
Heating Description
ENERGY STAR Qualified Equipment, Forced Air - 95+%
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, FourSquare
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Fenced, Yard
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
Kitchen Appliances
Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate. Selling Office: Windermere Realty Trust.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.