OFF MARKET

Off market may 2024 for $740K

$1,007,639

•

5 ba

•

4,292

sq ft

4642 SE Madison St, Portland, OR 97215

About this home

Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.

Multi-familyProperty Type

2008Year Built

4,791 sq ftLot Size

$235Est. Price/Sq.Ft.

1 spaceParking

Listed by Kevin Caplener • Windermere Realty Trust

Listed by Gina Hall Miller • Windermere Realty Trust

Bought with Suzann Baricevic Murphy • Where, Inc.

Redfin checked: a few seconds ago

•Source:RMLS #24313154

Redfin Estimate

$1,007,639

$268K since sold in May 2024$17K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.2% lower than the average sale price ($1.06M) of 5 comparable homes.

SOLD AUG 6, 2026
$960,000
A
3 beds3 baths3,472 sq ft
4624 SE Taylor St, Portland, OR 97215
SOLD BY REDFIN MAR 25, 2026
$1,300,000
B
5 beds4 baths2,945 sq ft
2046 SE 51st Ave, Portland, OR 97215
SOLD APR 30, 2026
$1,230,000
C
4 beds4 baths3,003 sq ft
2015 SE 46th Ave, Portland, OR 97215
SOLD BY REDFIN AUG 3, 2026
$825,000
D
4 beds3 baths2,326 sq ft
727 SE 54th Ave, Portland, OR 97215
SOLD JUL 27, 2026
$997,000
E
5 beds3 baths3,114 sq ft
4505 SE Clinton St, Portland, OR 97206

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Earn from this home

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$381,716

Est. take-home

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Market trends in Hawthorne, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

New listings for sale

OPEN SAT, 11:30AM TO 1:30PM
$925,000
3 beds3 baths2,580 sq ft
7231 SE Clay St, Portland, OR 97215
Marisa Swenson • Modern Homes Collective
$850,000
8 beds4 baths3,456 sq ft
2121 SE 50th Ave, Portland, OR 97215
Justine Syck • Move Real Estate Inc
$759,000
3 beds3 baths2,004 sq ft
2371 SE 51st Ave, Portland, OR 97215
Jordan Snook • Dream Dwelling
OPEN SUN, 2PM TO 4PM
$950,000
5 beds5 baths2,724 sq ft
2213 SE 60th Ave, Portland, OR 97215
Claire Paris • Paris Group Realty LLC
$300,000
2 beds1 bath769 sq ft
104 SE 73rd Ave #104, Portland, OR 97215
Dar Rodgers • Wholehearted Homes
$449,000
1 bed1 bath768 sq ft
4704 SE Madison St, Portland, OR 97215
Brian Johnson • Windermere Realty Trust
$950,000
5 beds3 baths2,284 sq ft
4320 SE Hawthorne Blvd, Portland, OR 97215
Thomas Cale • Cascade Hasson Sotheby's International Realty
See all

Provided by Redfin

Sale history for 4642 SE Madison St

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Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

47 ft.

Lot depth

100 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Multnomah County

APN

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 4, 2025.

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

Property details

Parking

Parking Information
Parking Features: Driveway, Off Street
Parking Total: 1

Interior

Appliances
Hot Water Description: Gas

Interior Features
Storage: Attached, Individual Storage Units
Basement: Exterior Entry, Finished, Separate Living Quarters/Apartment/Aux Living Unit

Exterior

Exterior Features
Roof: Composition
Exterior Description: Lap Siding

Lot Information
Lot Size Square Feet: 4,791
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size Acres: 0.11
Lot Size: 3,000 to 4,999 SqFt
Lot Features: Level
Parcel Number: R332813
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No

Building Information
Year Built: 2008
Building Area Total: 4,292
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: SECTION 06 1S 2E, TL 26200 0.11 ACRES
Tax Annual Amount: $13,482.01

Rent Information
Rent Includes: Trash Collection

Lease / Rent Information
CAP Rate: 5.74
Gross Rent Multiplier: 13.2

Utilities

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

Heating & Cooling
Heating YN: Yes
Heating: Forced Air - 90%
Cooling YN: Yes
Cooling: Central Air

Location

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $3,675
Area: 3,204
Baths Total: 4
Beds Total: 5
Features: Air Conditioning, Hardwood Floors, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,250
Area: 1,085
BathsTotal: 1
Beds Total: 2
Features: Air Conditioning, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

School Information
Elementary School: Glencoe
Middle Or Junior School: Mt Tabor
High School: Franklin

Location Information
Directions: South of Hawthorne one block
Unparsed Address: 4642 SE MADISON ST, Portland, OR 97215

Community Information
Zoning: R5

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Multnomah County
APN: 00

Home facts updated by county records on Jul 4, 2025

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Glencoe Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Mt Tabor Middle School

Public 6-8 • Assigned • 0.8mi

10/10

Franklin High School

Public 9-12 • Assigned • 0.8mi

6/10

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, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97215

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

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$958,000 – $1.16M

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New listings for sale in 97215

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7231 SE Clay St, Portland, OR 97215

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Dar Rodgers • Wholehearted Homes

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Thomas Cale • Cascade Hasson Sotheby's International Realty

Home values near 4642 SE Madison St

Data from public records.

Address	Redfin Estimate
4642 SE Madison Street #A, Portland, OR 1 Beds \| 4 Baths \| 4289 Sq. Ft.	$1,248,967
4650 SE Madison Street, Portland, OR 2 Beds \| 1 Baths \| 1200 Sq. Ft.	$516,420

Address	Redfin Estimate
4614 SE Madison Street, Portland, OR 4 Beds \| 3 Baths \| 2634 Sq. Ft.	$771,941
4704 SE Madison Street, Portland, OR 1 Beds \| 1 Baths \| 768 Sq. Ft.	—

Address	Redfin Estimate
4620 SE Madison Street, Portland, OR 4 Beds \| 2 Baths \| 1781 Sq. Ft.	$721,313
4637 SE Madison Street, Portland, OR 2 Beds \| 1 Baths \| 906 Sq. Ft.	$477,541

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

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