Google street view image for 4540 N Colonial Ave, Portland, OR 97217

Off market jun 2021 for $475K

$392,097

Est. refi paymentEst. refi $2,471/mo

•

1 ba

•

1,128

sq ft

4540 N Colonial Ave, Portland, OR 97217

About this home

Fixer with tons of potential, in Overlook Area!! Features include living rm, dining rm, kitchen with eating area, 2 bedrooms, full basement, large fenced in backyard and single car garage!! Walk to Max Line, Overlook Park, Mississippi Avenue's restaurants, pubs and retail shops!! Minutes to Downtown Portland and more!! See today!! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10027525]

Single-familyProperty Type

1909Year Built

0.27 acresLot Size

$348Est. Price/Sq.Ft.

1 car garageParking

Listed by Mary Tabor • Tabor Realty Group

Bought with Troy Wilkerson • The Broker Network, LLC

Source:RMLS #19526894

Redfin Estimate

$392,097

$83K since sold in June 2021$12K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.9% lower than the average sale price ($495K) of 6 comparable homes.

SOLD OCT 2, 2026
$410,000
A
2 beds1 bath1,542 sq ft
5224 N Maryland Ave, Portland, OR 97217
SOLD AUG 31, 2026
$355,000
B
1 bed1 bath1,600 sq ft
1630 N Blandena St, Portland, OR 97217
SOLD SEP 18, 2026
$710,000
C
3 beds2 baths1,432 sq ft
2124 N Humboldt St, Portland, OR 97217
SOLD BY REDFIN AUG 7, 2026
$450,000
D
2 beds2 baths1,504 sq ft
5325 N Montana Ave, Portland, OR 97217
SOLD JUL 30, 2026
$535,000
E
3 beds1 bath1,468 sq ft
4064 N Massachusetts Ave, Portland, OR 97227
SOLD OCT 22, 2026
$512,500
F
4 beds2 baths1,760 sq ft
2027 N Webster St, Portland, OR 97217

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Earn from this home

Sell

$27,506

Est. take-home

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Refinance

Est. cash available

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Rent

$2,368/mo

Redfin rental estimate

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Market trends in Overlook, OR

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.4%

+0.8% MoM

Median sale price

$602K

$12K MoM

Avg. days on market

13d

10 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SUN, 12PM TO 2PM
$469,000
2 beds2 baths1,968 sq ft
7618 N Mississippi Ave, Portland, OR 97217
NEW 9 HRS AGO
$192,000
2 beds1 bath1,056 sq ft
1411 N Alberta St, Portland, OR 97217
Tony Apa • JMG - Jason Mitchell Group
NEW 19 HRS AGO
$599,000
3 beds2 baths1,618 sq ft
625 N Stafford St, Portland, OR 97217
Li Lanz • Li Lanz Properties, LLC
OPEN FRI, 3:30PM TO 5:30PM
$1,495,000
4 beds3 baths2,636 sq ft
4131 N Overlook Ter, Portland, OR 97217
Bobby Curtis • Like Kind Realty
OPEN SAT, 12PM TO 2PM
$610,000
3 beds2 baths2,522 sq ft
6545 N Haight Ave, Portland, OR 97217
Desiree Moore • Windermere Realty Trust
OPEN SUN, 12PM TO 2PM
$849,000
3 beds4 baths2,326 sq ft
4103 N Longview Ave, Portland, OR 97217
Sheryl Lyons • Opt
LISTED BY REDFIN
$750,000
2 beds3 baths1,644 sq ft
5237 N Emerson Dr, Portland, OR 97217
Redfin
COMING SOON
$759,000
3 beds1 bath1,684 sq ft
3514 N Russet St, Portland, OR 97217
Joyce Warren-Machen • Century 21 North Homes Realty
$439,900
4 beds1 bath1,294 sq ft
8905 N Bayard Ave, Portland, OR 97217
Keaton Bankofier • John L. Scott Portland South
3D WALKTHROUGH
$575,000
4 beds2 baths1,950 sq ft
8105 N Fenwick Ave, Portland, OR 97217
Tom Portlock • MORE Realty
See all

Provided by Redfin

Sale history for 4540 N Colonial Ave

Date

Event

Price

Public Records

Jun 23, 2021

Sold

$475,000

$421/sq ft

RMLS #19526894

Jul 24, 2019

Sold

$350,000

$310/sq ft

Jun 13, 2019

Pending

—

Jun 10, 2019

Relisted

—

Jun 6, 2019

Pending

—

May 30, 2019

Listed

$350,000

$310/sq ft

Public Records

Aug 31, 1995

Sold

$83,000

$74/sq ft

Tax history for 4540 N Colonial Ave

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

Zoning and permits

Zoning
Permits

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.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

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

Property details

Interior

Basement Information
Basement Sq. Ft: 400
Basement Type: Unfinished

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Gravity

Exterior

Exterior Information
Foundation Type: Concrete
Exterior Wall: Metal
Building Type: Single Family

Property Information
Subdivision Name: ETHEL LYNN ADD
Living Sq. Ft: 1,128
Ground Floor Sq. Ft: 628
Building Sq. Ft: 1,528
# of Stories: 2
Legal Description: ETHEL LYNN ADD, BLOCK 2, N 36 2/3' OF LOT 2, LOT 3, S 20' OF LOT 4 EXC PT IN ST

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 160
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,605
Legal Lot Number: 2
Legal Block Number: 2
Acres: 0.27
Zoning Code: R2
State Use Description: RESID/VACANT

Utility Information
Sewer Type: Public

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,128
Stories: 2.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1909
Year Renovated: 1909
County: Multnomah County
APN: R158616

Home facts updated by county records on Oct 30, 2026

Around this home

Schools

K - 12
Preschool & daycare

Beach Elementary School

Public PreK-5 • Assigned • 0.2mi

9/10

Ockley Green Middle School

Public 6-8 • Assigned • 0.8mi

8/10

Jefferson High School

Public 9-12 • Assigned • 0.7mi

5/10

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, 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 • 97217

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 9.5 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$373,000 – $451,000

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Nearby similar homes

OPEN FRI, 3:30PM TO 5:30PM

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New listings for sale in 97217

OPEN SUN, 12PM TO 2PM3D WALKTHROUGH

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2 beds2 baths1,968 sq ft

7618 N Mississippi Ave, Portland, OR 97217

3,920 sq ft lot • Garage • Built 1923

NEW 9 HRS AGO

$192,000

2 beds1 bath1,056 sq ft

1411 N Alberta St, Portland, OR 97217

Gas fireplace • Separate dining area • Bright kitchen

Tony Apa • JMG - Jason Mitchell Group

NEW 19 HRS AGO

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Remodeled kitchen • New cabinetry • Quartz countertops

Li Lanz • Li Lanz Properties, LLC

OPEN FRI, 3:30PM TO 5:30PM

$1,495,000

4 beds3 baths2,636 sq ft

4131 N Overlook Ter, Portland, OR 97217

0.71-acre property • Private garden • Mature landscaping

Bobby Curtis • Like Kind Realty

OPEN SAT, 12PM TO 2PM

$610,000

3 beds2 baths2,522 sq ft

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Basement studio • Spacious kitchen • Finished attic

Desiree Moore • Windermere Realty Trust

OPEN SUN, 12PM TO 2PM3D & VIDEO TOUR

$849,000

3 beds4 baths2,326 sq ft

4103 N Longview Ave, Portland, OR 97217

Decorative millwork • Leaded glass windows • Renovated kitchen

Sheryl Lyons • Opt

LISTED BY REDFIN3D WALKTHROUGH

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Breathtaking views • Willamette river • Northwest hills

Redfin

COMING SOON

$759,000

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Dividable corner lot • Thoughtful layout • Home office

Joyce Warren-Machen • Century 21 North Homes Realty

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Oversized corner lot • New roof • New windows

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Home values near 4540 N Colonial Ave

Data from public records.

Address	Redfin Estimate
4525 North Colonial Ave, Portland, OR 3 Beds \| 3 Baths \| 1170 Sq. Ft.	$486,819
1613 North Prescott St, Portland, OR 4 Beds \| 2 Baths \| 1504 Sq. Ft.	$607,718
1537 North Prescott St Apartment 5, Portland, OR 3 Beds \| 2.5 Baths \| 2382 Sq. Ft.	$572,382
1564 North Prescott St, Portland, OR 3 Beds \| 2 Baths \| 1842 Sq. Ft.	$587,372
1553 North Prescott St Apartment 1, Portland, OR 3 Beds \| 3 Baths \| 2254 Sq. Ft.	$565,895
1607 North Prescott St, Portland, OR 3 Beds \| 3 Baths \| 2685 Sq. Ft.	$657,516
1545 North Prescott St, Portland, OR 3 Beds \| 3 Baths \| 2050 Sq. Ft.	$567,634

Address	Redfin Estimate
1623 North Prescott St, Portland, OR 4 Beds \| 2 Baths \| 2372 Sq. Ft.	$650,949
1533 North Prescott St Apartment 6, Portland, OR - Beds \| 2.5 Baths \| 2410 Sq. Ft.	$593,075
1549 North Prescott St Apartment 2, Portland, OR 3 Beds \| 3 Baths \| 2228 Sq. Ft.	$548,671
1559 North Prescott St, Portland, OR 2 Beds \| 1 Baths \| 2160 Sq. Ft.	$481,274
1545 North Prescott St Apartment 3, Portland, OR - Beds \| 3 Baths \| 1838 Sq. Ft.	$499,346
1535 North Prescott St, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$476,445
1533 North Prescott St, Portland, OR 3 Beds \| 3 Baths \| 2575 Sq. Ft.	$670,384

Address	Redfin Estimate
1572 North Prescott St, Portland, OR 5 Beds \| 1 Baths \| 1488 Sq. Ft.	$552,436
1565 North Prescott St, Portland, OR 2 Beds \| 1 Baths \| 1078 Sq. Ft.	$421,923
1584 North Prescott St, Portland, OR 2 Beds \| 2 Baths \| 1980 Sq. Ft.	$588,763
1552 North Prescott St Apartment A, Portland, OR 3 Beds \| 2 Baths \| 2400 Sq. Ft.	$580,933
1541 North Prescott St Apartment 4, Portland, OR - Beds \| 2.5 Baths \| 1838 Sq. Ft.	$503,156
1537 North Prescott St, Portland, OR 3 Beds \| 3 Baths \| 2382 Sq. Ft.	$611,773
1541 North Prescott St, Portland, OR 3 Beds \| 3 Baths \| 1838 Sq. Ft.	$511,360

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About this home

Redfin Estimate

Earn from this home

Market trends in Overlook, OR

Sale history for 4540 N Colonial Ave

Tax history for 4540 N Colonial Ave

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97217

Home values near 4540 N Colonial Ave

More real estate resources