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PEN – Pending

4 bd • 1.5 ba • 3,709 sq ft

5721 SW 48TH AVE, Portland, OR 97221

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Bedrooms
4
Total Baths
1.5
Building Area
3,709 sq ft
Price/Sq Ft
$249/sq ft
Year Built
1915
Garage
2 spaces · Attached
County
Multnomah
Annual Tax
$14,528 (2025)
HOA
None
Days on Market
11 days
Open House
None scheduled

Monthly payment

$7,043 per month

  • Principal & interest$5,640
  • Property taxes$1,211
  • HOA dues$0
  • Home insurance$193
  • Utilities
Down payment10% ($92,500)
Home price$925,000
Loan details30-yr fixed, 7.18%

10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)

Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.

Description

Welcome to The Wonder on 48th! Rich in history and full of character. This 1915 Hayhurst charmer has nearly half an acre, a permitted ADU, and a detached workshop. Not your everyday Portland property—and that's exactly the point. Inside, you'll find four bedrooms, a light-filled sunroom, and the kind of personality you just don't find in newer homes. Recent updates include a new roof, furnace, water heater, ductwork, and kitchen appliances. The attached, permitted ADU features its own kitchenette and bathroom, offering flexibility for guests, extended family, or multigenerational living. The permitted detached workshop is ready for makers, tinkerers, artists, or anyone with a project in mind, complete with 220V power and plumbing capability. Outside, the fully fenced lot is surrounded by mature landscaping with plenty of room for gardening, backyard gatherings, or simply enjoying a little extra space. A two-car garage and partially finished basement add even more functionality. Located near Hayhurst Elementary and just minutes from the shops, restaurants, coffee spots, and neighborhood favorites of Multnomah Village, this home offers a little breathing room without leaving the conveniences of city living behind. Vintage charm, creative possibilities, and a location that's distinctly Portland. The Wonder on 48th is ready for its next chapter! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252023%5D

Facts & Features

Property TypeResidential
Sub-TypeSingle Family Residence
Bedrooms4
Total Baths1.5
Full Baths1
Partial Baths1
Building Area (sq ft)3709
Lot Size (acres)0.44
Lot Size (sq ft)19166
Year Built1915
Garage Spaces2
CountyMultnomah
Elementary SchoolHayhurst
Middle SchoolRobert Gray
High SchoolIda B Wells
HeatingForced Air
CoolingWindow Unit
AppliancesDishwasher, Disposal, Free-Standing Range, Free Standing Refrigerator, Microwave, Stainless Steel Appliance
Interior FeaturesAccessory Dwelling Unit, Ceiling Fan, Concrete Floor, Garage Door Opener, Hardwood Floors, Laundry, Separate Living Quarters Apartment Aux Living Unit, Skylight, Washer/Dryer
Exterior FeaturesAccessory Dwelling Unit, Fenced, Porch, Workshop, Yard
BasementFull Basement, Partially Finished
StyleCraftsman
RoofComposition
Fireplaces1
ViewNo
Lot FeaturesGentle Sloping
ParkingDriveway, On Street
SewerPublic Sewer
WaterPublic Water
Annual Taxes$14,528
Tax Year2025
Original List Price$925,000
RMLS #453966811

Virtual tour

Map data © OpenStreetMap contributors (not RMLS data).

Listed by Melissa McReynolds • Cascade Hasson Sotheby's International Realty

Listing updated: Nov 9, 2026 at 2:04pm

Source: RMLS #453966811

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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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