Shawn Realty 503-515-44991 bd • 1 ba • 687 sq ft
4900 NE KILLINGSWORTH ST, Portland, OR 97218
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- Bedrooms
- 1
- Total Baths
- 1
- Building Area
- 687 sq ft
- Price/Sq Ft
- $437/sq ft
- Year Built
- 1925
- County
- Multnomah
- Annual Tax
- $3,207 (2025)
- HOA
- None
- Days on Market
- 20 days
- Open House
- None scheduled
Monthly payment
$2,159 per month
- Principal & interest$1,829
- Property taxes$267
- HOA dues$0
- Home insurance$63
- Utilities$0
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.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($30,000) on $300,000; loan $270,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $267/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $63/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Rare Portland Corner Lot: Four-Townhome Project with Plans and Engineering DoneSkip months of design work. This 8,536 sq ft corner lot at NE Killingsworth St and NE 49th Ave comes with a fully designed four-unit townhome project that has already been submitted to the City of Portland. It's zoned RM2 (Residential Multi-Dwelling 2).**What's already done:**- Complete architectural plan set: site plans, floor plans, elevations, foundation, roof and cross sections- Structural engineering and calculations stamped by an Oregon-licensed P.E., covering framing, shear walls, hold-downs and foundation design- Building permit application submitted to the City of Portland, currently at the intake stage**The proposed townhomes:**- Four 3-story units of about 1,478 sq ft each (about 5,915 sq ft total)- 3 bedrooms and 3.5 baths per unit, including a top-floor primary suite with its own bath- Open main level with kitchen, dining and living room, plus a covered rear patio- Second-floor great room with a balcony- Tankless water heaters in every unit- Off-street parking, a driveway and landscaping shown on the site planThe existing 687 sq ft home is in rough condition and priced for its land and development value. That makes this a strong fit for builders, developers and investors who want a shorter path to construction.The location puts you near shopping, dining, transit and the amenities of an established NE Portland neighborhood.The complete plan set and engineering package convey with the sale. Buyer to perform their own due diligence on zoning, permitting, utilities, development feasibility and construction costs. The plans, permit status and unit count are subject to City of Portland review and approval.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 1 |
| Total Baths | 1 |
| Full Baths | 1 |
| Partial Baths | 0 |
| Building Area (sq ft) | 687 |
| Lot Size (acres) | 0.2 |
| Lot Size (sq ft) | 8712 |
| Year Built | 1925 |
| Garage Spaces | 0 |
| County | Multnomah |
| Elementary School | Rigler |
| Middle School | Beaumont |
| High School | Leodis McDaniel |
| Heating | Other |
| Style | 1 Story |
| View | No |
| Lot Features | Corner Lot, Level, Public Road |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $3,207 |
| Tax Year | 2025 |
| Original List Price | $300,000 |
| RMLS # | 454532319 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Daniel Bec • MORE Realty
Contact: 971-331-5076
Listing updated: Nov 9, 2026 at 12:12am
Source: RMLS #454532319 
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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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty