OFF MARKET

Off market jun 2024 for $655K

$631,086

Est. refi paymentEst. refi $4,613/mo

•

3 ba

•

2,682

sq ft

3436 SW 1st Ave, Portland, OR 97239

About this home

Nestled in the vibrant heart of Portland, and very near to OHSU, this Victorian tri-plex seamlessly blends historic charm with contemporary updates. The exterior exemplifies Victorian charm boasting a gabled roof, gingerbread detailing, divided light window, and a front porch adorned with delicate spindlework. As you step into the shared entry, you'll discover three distinct units, each occupying its own floor. Throughout, enjoy the luxury and practicality of hard surface floors, featuring original wood on the first and second levels and new laminate on the third, complemented by lofty ceilings and private balconies for every unit. The second and third floor units offer eastward views, with the third floor revealing the city and mountain on clear days. Recent enhancements extend beyond the exterior paint, including fresh white interiors, new water heaters, brand new electrical panel, upgraded heating and cooling systems, and reinforced deck railings and fire escape. The daylight basement serves as a practical hub for utilities, shared laundry, and additional storage. This well maintained tri-plex doesn't just represent a good investment; it presents an excellent opportunity for the owner-occupant investor in search of a lifestyle in the heart of the city.

Multi-familyProperty Type

1885Year Built

$235Est. Price/Sq.Ft.

Listed by Cristen Lincoln • Living Room Realty

Listed by Kiersten Frey • Living Room Realty

Bought with Brittany Matthews • Think Real Estate

Redfin checked: 3 minutes ago

•Source:RMLS #23004971

Redfin Estimate

$631,086

$24K since sold in June 2024$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.8% higher than the average sale price ($614K) of 5 comparable homes.

SOLD AUG 13, 2026
4232 SW Condor Ave, Portland, OR 97239
$425,000
A
5 beds3 baths2,810 sq ft
4232 SW Condor Ave, Portland, OR 97239
SOLD AUG 26, 2026
$595,000
B
3 beds3 baths2,146 sq ft
3530 S Corbett Ave, Portland, OR 97239
SOLD MAY 5, 2026
$625,000
C
3 beds2 baths2,187 sq ft
223 S Whitaker St, Portland, OR 97239
SOLD JUL 31, 2026
$700,000
D
3 beds2 baths2,561 sq ft
1516 SE Pershing St, Portland, OR 97202
SOLD APR 6, 2026
$725,000
E
3 beds2 baths2,585 sq ft
3213 SE 9th Ave, Portland, OR 97202

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Earn from this home

Sell

$91,777

Est. take-home

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Refinance

Est. cash available

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Market trends in Lair Hill, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

0.4% MoM

Median sale price

$485K

$17K MoM

Avg. days on market

71d

33 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 7 HRS AGO
$399,900
5 beds2 baths2,010 sq ft
2211 SW Martha St, Portland, OR 97239
Kristin Sholes • MORE Realty
NEW 16 HRS AGO
$845,000
2 beds2 baths1,656 sq ft
841 S Gaines St #2110, Portland, OR 97239
Kirby Arkes • Sean Z Becker Real Estate
OPEN SUN, 12PM TO 2PM
$625,000
3 beds2 baths1,750 sq ft
31 S Gibbs St, Portland, OR 97239
Camille Cassada • Works Real Estate
OPEN SUN, 12:30PM TO 3PM
$1,150,000
4 beds4 baths3,774 sq ft
730 SW Menefee Ln, Portland, OR 97239
Louise Levin • RE/MAX Equity Group
$1,350,000
3 beds3 baths3,670 sq ft
3062 SW Fairmount Blvd, Portland, OR 97239
Deb Kemp • Vetiver Street Real Estate
OPEN SAT, 1PM TO 3PM
$699,000
3 beds3 baths2,212 sq ft
4249 SW Dosch Rd, Portland, OR 97239
Stephanie Peck • eXp Realty, LLC
$725,000
2 beds2 baths1,525 sq ft
836 S Curry St #1508, Portland, OR 97239
Kenneth Avery • eXp Realty, LLC
$600,000
2 beds3 baths1,896 sq ft
4642 SW Condor Ave #2, Portland, OR 97239
Teasha Schmidt • Think Real Estate
OPEN SAT, 11AM TO 1PM
$1,025,000
4 beds3 baths4,080 sq ft
4803 SW Stonebrook Ct, Portland, OR 97239
Andrew Berlinberg • Keller Williams Realty Professionals
3D WALKTHROUGH
$850,000
2 beds2 baths3,245 sq ft
4620 SW 29th Pl, Portland, OR 97239
Katie Sengstake • Windermere Realty Trust
See all

Provided by Redfin

Redfin agents who toured

Charming 1885 renovated Victorian close to major bus lines, downtown, and neighborhood restaurants. Tri-plex with 3 units on separate floors. Owner occupied investment potential.
3 years ago• May not reflect the current state of the home
Timothy Murray
Redfin Associate agent

Sale history for 3436 SW 1st Ave

Tax history for 3436 SW 1st Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,625 Sq. Ft.

Year renovated

1885

Sq. Ft.

1,958

Year built

1885

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R129125

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

RM1

Residential Multi-Dwelling 1 Zone

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.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: None

Interior

Appliances
Hot Water Description: Gas

Interior Features
Storage: Basement
Basement: Daylight, Exterior Entry

Multi Unit Information
# Of Units Total: 3

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $1,245
Area: 502
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Range, Refrigerator, Wood Floors
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,295
Area: 732
BathsTotal: 1
Beds Total: 1
Features: Air Conditioning, Range, Refrigerator, Wood Floors
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,395
Area: 724
Baths Total: 1
Beds Total: 1
Features: Deck, Range, Refrigerator, Wood Floors
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Wood Siding

Lot Information
Lot Size Range: 0K to 2,999 SqFt
Lot Size: 0K to 2,999 SqFt
Lot Features: Corner Lot
Parcel Number: R129125
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
Security Features: Entry
View YN: Yes
View Description: Mountain(s), Territorial

Building Information
Year Built: 1885
Building Area Total: 2,682
Foundation Details: Other

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: CARUTHERS ADD, BLOCK 132, S 1/2 OF W 65' OF LOT 5
Tax Annual Amount: $9,649.91

Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.01
Gross Rent Multiplier: 13.55

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: Yes
Cooling: Heat Pump

Location

School Information
Elementary School: Capitol Hill
Middle Or Junior School: Jackson
High School: Ida B Wells

Location Information
Directions: SW 1st and Curry
Unparsed Address: 3436 SW 1ST AVE, Portland, OR 97239

Community Information
Community Features: Laundry
Zoning: RM1

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,958
Stories: 2.0
Lot Size: 1,625 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1885
Year Renovated: 1885
County: Multnomah County
APN: R129125

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Capitol Hill Elementary School

Public K-5 • Assigned • 2.5mi

9/10

Jackson Middle School

Public 6-8 • Assigned • 3.7mi

8/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 1.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

3/10 Heat Factor

7 days above 92° expected this year, 15 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$600,000 – $726,000

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New listings for sale in 97239

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Home values near 3436 SW 1st Ave

Data from public records.

Address	Redfin Estimate
3516 Southwest 1st Ave, Portland, OR 2 Beds \| 2 Baths \| 1354 Sq. Ft.	$515,195
3510 Southwest 1st Ave, Portland, OR 3 Beds \| 1.5 Baths \| 1508 Sq. Ft.	$495,256

Address	Redfin Estimate
3419 Southwest 1st Ave, Portland, OR 2 Beds \| 1.5 Baths \| 1463 Sq. Ft.	$388,922
3418 Southwest 1st Ave, Portland, OR 5 Beds \| 2 Baths \| 1538 Sq. Ft.	$497,408

Address	Redfin Estimate
3430 Southwest 1st Ave, Portland, OR 3 Beds \| 2 Baths \| 2535 Sq. Ft.	$538,027
3404 Southwest 1st Ave, Portland, OR 3 Beds \| 1.5 Baths \| 1920 Sq. Ft.	$597,012

Property information provided by RMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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