3840 SW Patton Rd Portland, OR 97221
Bridlemile NeighborhoodEstimated payment $3,956/month
Highlights
- Second Kitchen
- View of Trees or Woods
- Wood Flooring
- Bridlemile Elementary School Rated A-
- Deck
- Farmhouse Style Home
About This Home
3840 SW Patton Rd. | Southwest Portland Opportunity with Character, Cash Flow and Plenty of Deck Space-Tucked into the coveted Southwest hills, this 1921 home blends old Portland charm with real upside. Originally a classic 2 bedroom, 1 bath main-level home, the property later added a separate lower-level living space with its own exterior access, creating a flexible setup that works well for owner-occupants, investors and multi-generational living.The main level offers approximately 1,150 square feet of living space, along with massive decks stretching across the entire backside of the home, about 600 square feet of outdoor living space perfect for morning coffee, evening wine, entertaining or just taking in the setting. The home’s NW cabin vibe and early-1900s farmhouse roots give it warmth, personality and a lot of possibilities.The lower level unit is approximately 950 square feet and is currently rented, providing a nice income stream that helps offset ownership costs. The current owner has also rented out the main level in the past, so the entire home has functioned as two separate rental units. That creates flexibility whether you are looking for a home with income potential, a setup for extended family, or an investment property with strong versatility.Priced well below much of what the Southwest hills has to offer, this is the kind of property that rewards vision. Set nicely amongst the tree's in a wonderfully natural setting within the city... just bring your inner English gardener goals and this home will fulfill your needs! Come & get it.
Listing Agent
Windermere Realty Trust Brokerage Phone: 503-729-6971 License #201204502 Listed on: 08/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,474
Year Built
- Built in 1921
Lot Details
- 13,503 Sq Ft Lot
- Terraced Lot
- Landscaped with Trees
- Private Yard
- Garden
Property Views
- Woods
- Territorial
Home Design
- Farmhouse Style Home
- Cottage
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- Skylights
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Utility Room
- Finished Basement
Kitchen
- Second Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Bridlemile Elementary School
- Robert Gray Middle School
- Ida B Wells High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R291279
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,474 | $314,780 | ||
| 2024 | $8,169 | $305,620 | ||
| 2023 | $7,855 | $296,720 | $0 | $0 |
| 2022 | $7,685 | $288,080 | $0 | $0 |
| 2021 | $7,555 | $279,690 | $0 | $0 |
| 2020 | $6,931 | $271,550 | $0 | $0 |
| 2019 | $6,676 | $263,650 | $0 | $0 |
| 2018 | $6,480 | $255,980 | $0 | $0 |
| 2017 | $6,210 | $248,530 | $0 | $0 |
| 2016 | $5,683 | $241,300 | $0 | $0 |
| 2015 | $5,534 | $234,280 | $0 | $0 |
| 2014 | $5,451 | $227,460 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $590,000 | -- | $281 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American | |
| Warranty Deed | $149,800 | First American | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | New Conventional | |
| Closed | $170,050 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 646825280
APN: R291279
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Ask me questions while you tour the home.