5908 SW 45th Ave Portland, OR 97221
Hayhurst NeighborhoodEstimated payment $2,586/month
Highlights
- Popular Property
- RV or Boat Parking
- Wood Flooring
- Hayhurst Elementary School Rated 9+
- Built-In Refrigerator
- 2 Fireplaces
About This Home
CALLING ALL INVESTORS & FLIPPERS- Here’s a RARE value-add property in one of Portland’s most desirable neighborhoods. This corner-lot bungalow features a fenced yard, carport, and a fully framed ADU with a separate entrance and grounded electrical panel ready for hookup —currently used as office space. The attic is insulated, HVAC vented and has an added water line- giving you multiple options for expansion or additional living space.The layout is flexible and ideal for multi-income setups, multigenerational living, or further development. With strong bones, corner-lot exposure, and a prime location just minutes from Gabriel Park, restaurants, and downtown, this property is perfectly positioned for investors seeking high ROI potential.At this price point, opportunities like this are rare. Flip it, rent it, or leverage the ADU and attic to generate additional income. Multiple pathways to profit, strong local demand, and a fast-moving market make this a smart, high-upside investment. Bring your vision and crew—this one won’t last! More photos coming next week. AS-IS!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,357
Year Built
- Built in 1922
Lot Details
- 6,969 Sq Ft Lot
- Dog Run
- Gated Home
- Corner Lot
- Private Yard
Home Design
- Bungalow
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,010 Sq Ft Home
- 2-Story Property
- High Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Mud Room
- Family Room
- Living Room
- Dining Room
- Utility Room
- Laundry Room
- Wood Flooring
Kitchen
- Built-In Refrigerator
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Partially Finished Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Parking
- Carport
- RV or Boat Parking
Schools
- Hayhurst Elementary School
- Robert Gray Middle School
- Ida B Wells High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Porch
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Hayhurst Subdivision
Listing and Financial Details
- Assessor Parcel Number R328887
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $6,357 | $236,160 | -- | -- |
| 2024 | $6,129 | $229,290 | -- | -- |
| 2023 | $5,894 | $222,620 | $0 | $0 |
| 2022 | $5,766 | $216,140 | $0 | $0 |
| 2021 | $5,669 | $209,850 | $0 | $0 |
| 2020 | $5,200 | $203,740 | $0 | $0 |
| 2019 | $5,009 | $197,810 | $0 | $0 |
| 2018 | $4,861 | $192,050 | $0 | $0 |
| 2017 | $4,659 | $186,460 | $0 | $0 |
| 2016 | $4,264 | $181,030 | $0 | $0 |
| 2015 | $4,152 | $175,760 | $0 | $0 |
| 2014 | $4,089 | $170,650 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $390,000 | -- | $194 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $206,500 | Transnation Title Agency Or | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,500 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 605528088
APN: R328887
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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