VIRTUAL HOME. Just a 2-minute walk to Hamilton Park & Bridlemile Elementary, this rare property in a beloved SW Portland neighborhood is ready for your vision. The existing home is technically livable & financeable with conventional lending—offering a unique path to secure buildable land without the typical cash-only hurdle. The .39 acre lot offers the chance to build your dream home on a quiet dead-end street, and features mature landscaping, including fruit trees & a striking Sequoia. According to the City Planning Department, you could build either a single home with up to 4,000 SF on the main floor and two detached ADUs, or up to 3 side-by-side attached luxury townhomes, Two of these images feature virtual renderings of Villa M, a project in Dunthorpe designed in collaboration by Grummer and Metta Architecture. The project offers a glimpse of the refined, modern architecture that could be envisioned for this site. Repurpose existing utilities, reduce permitting costs, and bring your dream to life in one of Portland’s most sought-after neighborhoods.
Single-familyProperty Type
1917Year Built
0.39 acresLot Size
$163Price/Sq.Ft.
2 car garageParking
Listed by Kathleen O'Donnell• ODonnell Group Realty
Bridlemile, located between Washington Park and Tryon Creek State Natural Area, is a residential and hillside Portland neighborhood with winding streets and forested ravines. The neighborhood’s character concentrates around SW 45th Avenue and SW Vermont Street, where a small cluster of local storefronts and everyday errands sets a calm, village-like rhythm. Community pillars include the historic Raleigh Hills Theater, the Portland Golf Club, and the Oregon Zoo just to the east. Mid-century ranches and traditional homes sit on larger lots, often framed by tall firs and deep setbacks. Trails and green corridors shape daily routines, with views and elevation changes defining the geography. A steady, low-key pace carries through the area’s parks, schools, and corner cafés.
Provided by Walk Score and Local Logic
Market insights
4142 SW Hamilton St · $535,000
DAYS ON MARKET
342 days
The average home goes pending in 11 days.
SALE-TO-LIST
101.3%
Most homes are selling 1% above list price.
LIST PRICE
$535,000
Median sale price in this area is $553,530. (3% higher than this home)
PRICE DROP
5 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Daylight basement
Great room
Family room
Dining room
Living room
Bedrooms
Primary bedroom
2nd bedroom
3rd bedroom
Bathrooms
Two full bathrooms (one on upper level, one on lower level)
Kitchen
Kitchen
Heating & cooling
No central heating listed; other heating type noted
No cooling listed
Exterior features
Other exterior description
Corner lot
Level lot
Paved road access
Trees/woods view
Home design
Single family residence (residential)
Not attached
Fixer condition
Entry levels on multiple floors (main, upper, lower)
Parking
Off-street parking for two vehicles
Detached 2-car garage
Construction
Built in 1917
Foundation: Other
Utilities
Electricity fuel
Public water
Public sewer
HOA & community
Not a senior community
Zoning: R-7
Other
Total building area (tax): 3,274
Calculated building area: 2,346
Lot dimensions approximately 109 x 180 ft (about 0.39 acres)
Property has a view of trees/woods
Electricity and solar
View estimated energy costs and solar savings for this home
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.
Zone overlays
Constrained Sites Overlay Zone
Permitted uses
Include but are not limited to:
Housing
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 • 97221
Average low and high temperatures (°F)
45
35
47
37
54
41
62
44
67
48
73
53
81
56
80
59
73
55
60
47
50
42
48
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4142 SW Hamilton St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $580,000 and $920,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $580K to $920K.