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About this home
This contemporary end-unit row home offers a rare combination of privacy, natural surroundings, and proximity to key Portland destinations. Positioned on a quiet dead-end street, the home is surrounded by trees and green space, creating a peaceful setting just minutes from downtown and a few blocks to OHSU. Floor-to-ceiling windows and high ceilings bring in abundant natural light, highlighting the open main level with hardwood flooring. The primary suite features a private balcony, double vanities, and a walk-in shower. Recent updates include new interior paint in 2021, new exterior paint and a 50-year roof installed in 2024, and new Trex decking that enhances both outdoor spaces that overlook the tranquil greenspace. The home also includes a gas furnace, hot water tank, and an EV outlet in the garage. Additional highlights include a dedicated workout room and two expansive decks that provide flexible outdoor living and entertaining space. Located one block from the Marquam Nature Park trailhead, this property offers direct access to miles of outdoor recreation while maintaining a low-maintenance lifestyle in an established neighborhood.
TownhomeProperty Type
1991Year Built
3,484 sq ftLot Size
$282Price/Sq.Ft.
2 car garageParking
Listed by Sonya MacDonald• Premiere Property Group, LLC
Homestead, located between the Willamette River and Terwilliger Boulevard, is a residential and hillside Portland neighborhood with river-view slopes and wooded ravines. The neighborhood’s character concentrates around the South Waterfront Greenway and the Portland Aerial Tram landing, where bike paths, riverwalk promenades, and café patios set a steady, urban-outdoors rhythm. Contemporary mid-rises and newer condos line the flats, while winding streets climb into quieter pockets above. The South Waterfront Park blocks read as a linear front porch along the river. Oregon Health & Science University and the Center for Health & Healing anchor daily motion and a campus-like feel. Trails and viewpoints along Marquam Nature Park stitch the terrain together.
Provided by Walk Score and Local Logic
Market insights
1239 SW Gaines St · $669,900
DAYS ON MARKET
4 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$669,900
Median sale price in this area is $543,875. (19% lower than this home)
PRICE DROP
0 price drops
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
High ceilings
Gas fireplace
French doors
Garden windows
Walk-in closet
Pantry
Garage door opener
Double-pane windows
Vinyl window frames
Accessibility feature: garage on main level
Bedrooms
3 bedrooms, all on the upper level
Bathrooms
2 full bathrooms and 1 half bathroom
Kitchen
Built-in oven
Built-in range
Dishwasher
Disposal
Gas appliances
Microwave
Plumbed for ice maker
Solid-surface countertops
Quartz countertops
Stainless steel appliances
Laundry & utility
Laundry room
Washer and dryer
Flooring
Hardwood floors
Tile floors
Wall-to-wall carpet
Heating & cooling
Forced-air heating
Central air conditioning
Exterior features
Deck
Corner lot
Greenbelt setting
Secluded, wooded setting with trees
City, territorial, and tree views
Home design
Attached home
Parking
Driveway
Attached tandem tuck-under garage
Security
Owned security system
Construction
Built in 1991
Cement siding
Composition roof
Utilities
Public water
Public sewer
Gas
Electricity and solar
View estimated energy costs and solar savings for this home
Amazing location! Tranquility and natural beauty within minutes of downtown and blocks to OHSU. This beautiful contemporary row has it all, very desirable schools -Ainsworth/Lincoln, an end unit has great light streaming through it's floor to ceiling windows, plenty of privacy as it is surrounded by trees/greenspace. Hardwoods on the main floor. One block to Marquam Nature Park trailhead. A great low maintenance home on a dead end street.
RMLS #13535013
Sep 26, 2013
Sold
$385,000
$162/sq ft
Aug 5, 2013
Pending
—
Jul 13, 2013
Price Changed
$389,000
$164/sq ft
Jun 27, 2013
Listed
$399,000
$168/sq ft
+8
Updated contemporary urban townhome close to OHSU/ Marquam Park/ Downtown! End unit backs to greenspace with two decks and tree views. Bay windows, refinished hardwood floors, great room & eating area off kitchen, bonus room in basement.
Public Records
Jul 10, 1998
Sold
$279,900
$118/sq ft
Public Records
Nov 18, 1994
Sold
$257,950
$109/sq ft
Public Records
Jan 30, 1992
Sold
$187,000
$79/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,263 (+4.0%)
2024
$11,792 (+3.7%)
2023
$11,368 (+2.2%)
2022
$11,122 (+10.1%)
2021
$10,102 (+3.8%)
2020
$9,732 (+2.7%)
2019
$9,474 (−4.6%)
2018
$9,930 (+9.9%)
2017
$9,037 (+5.8%)
2016
$8,543 (+18.9%)
2015
$7,186 (+10.4%)
2014
$6,510 (+20.7%)
2013
$5,394 (+16.4%)
2012
$4,633 (+1.2%)
2011
$4,576 (−21.4%)
2010
$5,825 (−2.1%)
2009
$5,952
Public record
Public record
Zoning
Permits
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,540 Sq. Ft.
Year renovated
1991
Finished Sq. Ft.
2,372
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,372
Year built
1991
Style
Single Family Residential
County
Multnomah County
APN
R213717
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RM2
C
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Zone overlays
Environmental Conservation Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
May 28, 2014 • Final
Mechanical
Install a new air conditioning system.
HVAC
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
5 days above 91° expected this year, 10 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)
47
37
49
38
56
43
64
45
70
50
77
54
83
58
84
62
76
58
61
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1239 SW Gaines St
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