Shawn Realty 503-515-44991 bd • 2 ba • 1,051 sq ft
3118 SW 4TH AVE, Portland, OR 97201
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- Bedrooms
- 1
- Total Baths
- 2
- Building Area
- 1,051 sq ft
- Price/Sq Ft
- $476/sq ft
- Year Built
- 1938
- Garage
- 1 space · Attached
- County
- Multnomah
- Annual Tax
- $6,374 (2025)
- HOA
- None
- Days on Market
- 7 days
- Open House
- None scheduled
Monthly payment
$3,684 per month
- Principal & interest$3,048
- Property taxes$531
- HOA dues$0
- Home insurance$104
- 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% ($50,000) on $500,000; loan $450,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $531/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $104/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
A little hideaway above the city, with room to slow down. Tucked along a small hillside lane near OHSU, this sweet cottage feels like a world of its own. Start your morning with coffee on the deck, catch Mt. Hood on a clear day, and watch the aerial tram glide across the hillside. Generous decks, covered sitting areas, and mature greenery create little pockets for gathering, gardening, or keeping the evening entirely to yourself. A tucked-in hot tub makes staying home especially tempting. Inside, warm wood floors, charming built-ins, and a cozy gas stove invite you to settle in. A Murphy bed folds neatly into the living-room cabinetry, making overnight guests feel at home while keeping everyday living spacious. Glass doors open to the deck, bringing the outdoors into the living space, with a cozy character-filled kitchen. Downstairs, the bedroom retreat offers generous storage, a full bathroom, and its own outdoor access. Nearby trails lead toward Terwilliger, with Lair Hill Park, OHSU, and South Waterfront connections close by. Roof replaced in 2025. All appliances, Murphy bed, and hot tub included. Seller offering a closing-cost credit toward making the lower-level flooring your own. A little sanctuary with the city still within reach and a stones throw to the best healthcare we have in Oregon: OHSU, Portland VA Medical Center, Shriners Children's Hosptial, Legacy, Providence, and DDC.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 1 |
| Total Baths | 2 |
| Full Baths | 2 |
| Partial Baths | 0 |
| Building Area (sq ft) | 1051 |
| Lot Size (acres) | 0.07 |
| Lot Size (sq ft) | 3049 |
| Year Built | 1938 |
| Garage Spaces | 1 |
| County | Multnomah |
| Subdivision | Caruthers Add |
| Elementary School | Ainsworth |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air, Wall Heater |
| Appliances | Dishwasher, Disposal, Free-Standing Range, Range Hood |
| Interior Features | Ceiling Fan, Garage Door Opener, Murphy Bed, Soaking Tub, Washer/Dryer, Wood Floors |
| Exterior Features | Builtin Hot Tub, Covered Deck, Deck, Porch |
| Basement | Finished |
| Style | 2 Stories, Bungalow |
| Roof | Composition |
| Fireplaces | 1 |
| View | Yes |
| Lot Features | Hilly, Sloped, Terraced, Wooded |
| Parking | On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $6,374 |
| Tax Year | 2025 |
| Original List Price | $500,000 |
| RMLS # | 599952794 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by April Esposito • Works Real Estate
Contact: 503-744-5973
Listing updated: Nov 9, 2026 at 4:34pm
Source: RMLS #599952794 
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
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Shawn Realty