OFF MARKET

Off market jul 2024 for $497K

$661,551

Est. refi paymentEst. refi $3,856/mo

•

2 ba

•

16,645

sq ft

4701 SW Martha St, Portland, OR 97221

About this home

Great location in SW Portland in an area of more expensive single family homes.Located just off Beaverton Hillsdale Hwy and close to Multnomah Village. One block from mass transit with close proximity to stores, restaurants and easy access to downtown Portland and OSHU. Unit 4701 was remodeled in 2022 and is rented at $1,545. Unit 4703 was just remodeled and is rented at $1,645. Covered carport parking and each unit has a washer & dryer. Site has potential for additional unit development as the property is zoned R2, buyer to do own due diligence.

Multi-familyProperty Type

1972Year Built

6,534 sq ftLot Size

$40Est. Price/Sq.Ft.

2 spacesParking

Listed by Thomas DeMonbrun • Metro Group Realty

Bought with Michael Susak • Susak Properties LLC

Redfin checked: 5 minutes ago

•Source:RMLS #24327643

Redfin Estimate

$661,551

$164K since sold in July 2024$23K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17% lower than the average sale price ($797K) of 6 comparable homes.

SOLD JUN 5, 2026
$855,000
A
4 beds3 baths2,688 sq ft
6021 SW 46th Ave, Portland, OR 97221
SOLD JUL 15, 2026
$599,000
B
3 beds2 baths1,652 sq ft
4654 SW Flower Pl, Portland, OR 97221
BOUGHT WITH REDFIN JUL 16, 2026
$755,000
C
3 beds2 baths1,712 sq ft
4684 SW Flower Pl, Portland, OR 97221
SOLD SEP 3, 2026
$769,900
D
4 beds2 baths2,750 sq ft
6135 SW 41st Ave, Portland, OR 97221
SOLD JUN 1, 2026
$900,000
E
4 beds3 baths3,762 sq ft
6115 SW 36th Ave, Portland, OR 97221
SOLD JUN 1, 2026
$905,000
F
4 beds3 baths3,160 sq ft
4221 SW 47th Dr, Portland, OR 97221

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Earn from this home

Sell

$239,493

Est. take-home

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Refinance

Est. cash available

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Market trends in Southwest, 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

NEW 2 HRS AGO
$597,500
2 beds2 baths1,689 sq ft
3590 SW Patton Rd, Portland, OR 97221
Jeffrey Parker • Parker Realty Inc
NEW 26 HRS AGO
$1,425,000
4 beds3 baths3,980 sq ft
5406 SW Woods Ct, Portland, OR 97221
Suzann Baricevic Murphy • Where, Inc.
NEW 26 HRS AGO
$1,695,000
3 beds3 baths3,137 sq ft
3646 SW 50th Ave, Portland, OR 97221
Andrea Dufresne • Cascade Hasson Sotheby's International Realty
NEW 32 HRS AGO
$499,000
3 beds1 bath1,057 sq ft
5655 SW Idaho St, Portland, OR 97221
Susan Cassidy • Windermere Realty Trust
$195,000
2 beds1 bath774 sq ft
5005 SW Mitchell St #13, Portland, OR 97221
Carrie Bui • MORE Realty
See all

Provided by Redfin

Sale history for 4701 SW Martha St

Tax history for 4701 SW Martha St

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,700 Sq. Ft.

Year renovated

1972

Sq. Ft.

1,664

Year built

1972

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R160606

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 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: Carport, On Street
Parking Total: 2

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Basement: Daylight, Finished

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,545
Area: 832
Baths Total: 1
Beds Total: 2
Features: Deck, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Area: 832
BathsTotal: 1
Beds Total: 2
Features: Deck, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Built-Up, Composition
Exterior Description: T-111 Siding
Unreinforced Masonry Bldg: Unknown

Lot Information
Lot Size Square Feet: 6,534
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Acres: 0.15
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Gentle Sloping
Parcel Number: R160606
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: Yes
View Description: Trees/Woods

Building Information
Year Built: 1972
Building Area Total: 16,645
Foundation Details: Slab, Stem Wall

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: FAIRVALE, BLOCK 21, LOT 17
Tax Annual Amount: $6,099.03

Rent Information
Rent Includes: Maintenance Grounds

Lease / Rent Information
CAP Rate: 6.03
Gross Rent Multiplier: 13.3

Utilities

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

Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No

Location

School Information
Elementary School: Hayhurst
Middle Or Junior School: Robert Gray
High School: Ida B Wells

Location Information
Directions: Beaverton Hillsdale Hwy / Martha Street
Unparsed Address: 4701 SW MARTHA ST, Portland, OR 97221

Community Information
Zoning: Duplex

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,664
Stories: 2.0
Lot Size: 6,700 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1972
County: Multnomah County
APN: R160606

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Hayhurst Elementary School

Public K-8 • Assigned • 0.4mi

9/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 1.8mi

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 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)

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

$629,000 – $761,000

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New listings for sale in 97221

NEW 2 HRS AGO

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NEW 26 HRS AGO

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Susan Cassidy • Windermere Realty Trust

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Home values near 4701 SW Martha St

Data from public records.

Address	Redfin Estimate
4754 Southwest Martha St, Portland, OR - Beds \| 2.5 Baths \| 2742 Sq. Ft.	$730,265
4654 Southwest Martha St, Portland, OR 4 Beds \| 2 Baths \| 1433 Sq. Ft.	$658,507

Address	Redfin Estimate
4637 Southwest Martha St, Portland, OR 4 Beds \| 3 Baths \| 2986 Sq. Ft.	$774,257
4630 Southwest Martha St, Portland, OR 2 Beds \| 1 Baths \| 786 Sq. Ft.	$409,480

Address	Redfin Estimate
4633 Southwest Martha St Apt 4631, Portland, OR 8 Beds \| 3 Baths \| 2340 Sq. Ft.	$572,549
4761 Southwest Martha St, Portland, OR 3 Beds \| 4 Baths \| 3454 Sq. Ft.	$796,545

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

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