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Tomorrow:
About this home
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, while a skylight brightens the 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.
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Around this home
Schools
K - 12
Preschool & daycare
Ainsworth Elementary School
Public K-5 • Assigned • 1.1mi
9/10
West Sylvan Middle School
Public 6-8 • Assigned • 3.9mi
6/10
Lincoln High School
Public 9-12 • Assigned • 1.4mi
8/10
Provided by GreatSchools
About South
Portland
South Portland, located between the South Waterfront and Lair Hill, is a riverfront and residential Portland neighborhood with modern condo towers and greenway trails. The neighborhood’s character concentrates along SW Moody Avenue by the Portland Aerial Tram and OHSU’s South Waterfront campus, where cafes, riverwalk promenades, and bike traffic set a steady tempo. Pillars include the Portland Aerial Tram, the Center for Health & Healing, and the South Waterfront Greenway. Architecture leans contemporary—glass mid-rises, new construction, and clean-lined streetscapes—framed by the Willamette River. The riverwalk and pocket parks shape a daily rhythm of walking, cycling, and waterfront views. Streetcar tracks and pedestrian bridges tie the district to downtown and the Central Eastside.
Provided by Walk Score and Local Logic
Market insights
3118 SW 4th Ave · $500,000
DAYS ON MARKET
1 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$500,000
Median sale price in this area is $543,875. (9% higher 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
Interior features
Ceiling fans
Garage door opener
Murphy bed
Soaking tub
Double-pane windows
Finished basement
Gas fireplace
Bathrooms
2 full bathrooms: 1 on the main level and 1 on the upper level
Kitchen
Dishwasher
Garbage disposal
Free-standing range
Range hood
Laundry & utility
Washer and dryer
Flooring
Wood floors
Heating & cooling
Forced-air heating
Wall heater
Exterior features
Built-in hot tub
Covered deck
Deck
Porch
Hilly, sloped, terraced, wooded setting
City and mountain views
Home design
Single-family residence
Not attached
Parking
Attached garage
On-street parking
1 parking space
Construction
Built in 1938
Wood siding
Composition roof
Concrete perimeter foundation
Utilities
Electricity and gas
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
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
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Oct 21, 2019 • Final
Mechanical minor labels
Work on a gas furnace.
Gas
HVAC
Jan 22, 2013 • Final
Plumbing
Replace the sanitary sewer line on the property.
Plumbing
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 92° 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 • 97201
Average low and high temperatures (°F)
46
37
49
39
56
44
64
46
70
51
75
55
81
59
83
62
76
58
61
48
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
59/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3118 SW 4th Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $320,000 and $625,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $320K to $625K.