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About this home
Updated Hillsdale home with a permitted separate apartment that can help offset your housing costs and/or provide additional living space. The house offers a remodeled kitchen and newly remodeled bathrooms, plus updates to plumbing, electrical, sheetrock, and insulation throughout. Exterior paint completed in August 2026 adds to the recent improvements.The basement apartment rents for approximately $2,400 per month and features its own entrance and deck, providing independent space for short-term renters or guests.Separate from the apartment, a spacious basement storage and utility area offers room for household supplies and seasonal belongings. An 8-by-12-foot shed with shelving provides versatile storage for bikes, tools, equipment, project materials, and more. A covered area enclosed on three sides adds sheltered storage space.Create the outdoor space that fits your life. Set on a 7,500-square-foot lot surrounded by trees in the heart of SW Portland’s Hillsdale neighborhood, the home offers unfinished yard space ready for your ideas, from vegetable gardens to a lawn, play area, or a place to relax outdoors. Hillsdale and Multnomah Village are very close making it easy to enjoy both neighborhoods' restaurants, cafés, breweries, groceries, and their abundant hiking trails and natural beauty. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251428]
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
Offer insights
2226 SW Iowa St · $599,900
$600K and above
75% chance or better to win
Why $600K+ is a strong offer
DAYS ON MARKET
38 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Granite surfaces
Laminate flooring
Luxury vinyl plank
Tile flooring
Wall-to-wall carpet
Separate living quarters / accessory apartment
Washer and dryer included
Double-pane windows with vinyl frames
Partially finished basement with exterior entry
Bedrooms
Primary bedroom on main level with laminate flooring
Second bedroom on upper level with wall-to-wall carpet
Third bedroom on upper level with wall-to-wall carpet
Fourth bedroom (lower level) with ensuite and laminate flooring
Guest quarters (lower level) with laminate flooring
Bathrooms
Two full bathrooms and one partial (total 2.1 bathrooms)
One full bathroom on main level
One full bathroom on lower level
One partial bath on main level
Kitchen
Granite counters
Dishwasher
Disposal
Free-standing gas range
Free-standing refrigerator
Stainless steel appliances
Plumbed for ice maker
Eat bar and eating area / nook
Laundry & utility
Washer and dryer
Gas tank water heater
Flooring
Laminate
Luxury vinyl plank
Tile
Wall-to-wall carpet
Heating & cooling
Forced air heating
Baseboard heating
Central air conditioning
Exterior features
Covered deck and deck
Fenced yard
Tool shed
Level to sloped lot with trees
Paved road access
Home design
Single-family residence (residential)
Not attached to other units
Resale property
No notable view
Parking
Driveway
On-street parking
Security
Security lights
Construction
Built in 1930
T-111 and wood siding exterior
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electricity and gas service
Green-certified property
Financial info
Property listed as residential single-family; rental amount listed at $2,400 (if applicable)
Other
Zoned R2.5
Electricity and solar
View estimated energy costs and solar savings for this home
Location, Location! Charming unique Cape Cod in the heart of Hillsdale! Enchanting setting with huge deck perfect for entertaining inside & out. Lower level has complete separate living area w/fully equipped kitchen with private entrance & own fenced deck. Mother in law, rental? Shopping, Restaurants & Pubs, Mult Village, Library, OHSU, Lewis & Clark, MJCC, Just minutes to Downtown & 90+Acre Gabriel Park/Dog Park, Rec Ctr w/Indoor Pool.
Public Records
Aug 19, 1997
Sold
$127,000
$63/sq ft
Public Records
Nov 1, 1987
Sold
$49,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,045 (+3.7%)
2024
$7,756 (+4.0%)
2023
$7,458 (+2.2%)
2022
$7,296 (+1.7%)
2021
$7,173 (+9.0%)
2020
$6,580 (+3.8%)
2019
$6,338 (+3.0%)
2018
$6,152 (+4.3%)
2017
$5,896 (+9.3%)
2016
$5,395 (+13.2%)
2015
$4,768 (+19.4%)
2014
$3,992 (+8.0%)
2013
$3,695 (+14.5%)
2012
$3,226 (−1.7%)
2011
$3,280 (−10.1%)
2010
$3,648 (−2.7%)
2009
$3,750
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1930
Finished Sq. Ft.
1,312
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,312
Year built
1930
Style
Single Family Residential
County
Multnomah County
APN
R115844
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Apr 23, 2020 • Final
Residential bldg/trade
Remodel
Apr 16, 2020 • Final
Residential bldg/trade
Create habitable space in the basement including a new bedroom, family room, and bathroom. Install new stairs and a landing, and raise the soffit.
Addition
Remodel
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)
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
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2226 SW Iowa St
$594,716
$5,184 under list price of $600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $435K to $770K.