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About this home
Welcome to this unique and the charming 1923 Cape Cod which offers timeless character, thoughtful updates, and an exceptional location just one block from the heart of downtown Hillsdale. The main level features a welcoming living room, two bedrooms, a versatile kitchen with dining space, and a recently updated full bathroom. Upstairs, two additional non-conforming bedrooms offer flexible space for guests, a home office, studio, or creative pursuits. A full basement with high ceilings provides abundant storage, a workbench, and future potential, with exterior access to the backyard via a private stairwell. An attached one-car garage adds everyday convenience.Original details shine throughout, including beautiful hardwood floors, classic millwork, a wood-burning fireplace, and French doors opening to a covered porch. Outside, the large, fully fenced backyard offers plenty of room for pets, gardening, entertaining and relaxing. Recent improvements include newer interior and exterior paint, a full bathroom remodel, an updated electrical panel, updated plumbing and water line, a rebuilt chimney, and a roof installed in 2013. Ideally situated just one block from downtown Hillsdale, with easy access to transit, Ida B. Wells High School, the library, Dewitt Park, restaurants, shops, and neighborhood amenities—all within walking distance. A rare opportunity to bring your vision to a classic Hillsdale home with exceptional character and potential.Developer packet available upon request.
Hillsdale, located between Multnomah Village and Lake Oswego, is a residential and commercial Portland neighborhood with a hillside setting and a compact town-center strip. The neighborhood’s character concentrates along SW Capitol Hwy at SW Sunset Blvd, where sidewalk cafes, local services, and small storefronts cluster around steady foot traffic. Community pillars include the Hillsdale Farmers Market, Baker & Spice, and the historic Capitol Hill Library. Mid-century ranches and newer infill sit on winding streets that rise toward wooded slopes. Ridges and green corridors shape daily routes, with trailheads and parks threading into nearby natural areas. Transit lines along Capitol Highway tie the district to the rest of the city.
Provided by Walk Score and Local Logic
Market insights
1235 SW Cheltenham St · $535,000
DAYS ON MARKET
1 days
The average home goes pending in 14 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
LIST PRICE
$535,000
Median sale price in this area is $556,213. (4% higher than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Main-floor bedroom with bath (accessible)
Garage on main (accessible)
Third floor space
Wood-frame windows
Unfinished storage basement
Bedrooms
Primary bedroom on the upper level with hardwood floors
Second bedroom on the main level with hardwood floors
Third bedroom on the main level with hardwood floors
Fourth bedroom on the upper level
Bathrooms
One full bathroom on the main level
Kitchen
Dishwasher
Free-standing range
Kitchen/dining room combo
Laundry & utility
Utility room on the lower level
Flooring
Hardwood floors
Wood floors (other areas)
Heating & cooling
Forced air heating
No central cooling
Exterior features
Covered deck
Fenced yard
Yard with trees
Seasonal view of trees/woods
Corner, sloped lot
Concrete and paved road access
Home design
Single-family residence (resale)
Views are seasonal
Entry levels include main, upper and lower
Parking
Driveway and off-street parking
Attached 1-car garage
Construction
Built in 1923
Cedar and wood siding exterior
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electric fuel
Electricity and solar
View estimated energy costs and solar savings for this home
LOCATION? Yes!! 1 block to downtown Hillsdale, Library, Wilson HS, TRANSIT, Salvador Molly's, Baker & Spice. Built in 1923 Cape Cod 1,842 SF home offers 3 Bedrooms, Bonus Room, 1 Bath w/ original CHARM- covered patio w/ french doors, hardwoods, millwork, wood burning fireplace, large kitchen & nook. Updates- 2013 Comp Roof, 2015 Fence, newer electrical panel, newer gas water heater, window blinds. ZONED R2
RMLS #16069908
Jan 9, 2017
Sold
$444,000
$241/sq ft
Nov 1, 2016
Pending
—
Oct 21, 2016
Relisted
—
Oct 19, 2016
Delisted
—
Oct 17, 2016
Price Changed
$449,999
$244/sq ft
Sep 24, 2016
Price Changed
$459,500
$249/sq ft
Sep 16, 2016
Relisted
—
Sep 11, 2016
Pending
—
Sep 9, 2016
Listed
$499,900
$271/sq ft
LOCATION? YES!! Zoned R2 on 6,000 SF lot, 1 block from downtown Hillsdale, Transit, Wilson HS, Library, etc. 1923 Cape Cod home with 3 Bedrooms, 1 Bath, with full basement and 1 car garage. Original Charm- covered patio w/french doors, hardwoods, millwork, wood burning fireplace, large kitchen/nook, 2013 comp roof, newer electrical panel, newer gas water heater, window blinds.
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jan 12, 2018 • Final
Residential bldg/trade
Bathroom
Electrical
Plumbing
Jun 8, 2009 • Final
Electrical
Bathroom
Electrical
Kitchen
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97239
Average low and high temperatures (°F)
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37
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38
56
43
64
45
70
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77
54
83
59
84
62
75
58
61
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1235 SW Cheltenham St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $475,000 and $618,304.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $618K.