For sale

$568,500

Est. $3,889/mo —

•

2,020

sq ft

4842 SW Elm Ln, Portland, OR 97221

About this home

New price creates a great opportunity on this close-in West Hills home on spacious lot in highly coveted Sylvan Highlands Neighborhood! Here's your chance for the wonderful Ainsworth/West Sylvan/Lincoln High school district! This beautiful, solid mid-century home, on over-sized private lot is craving some love! Let your personal cosmetic finishes make it shine and create instant equity! Fresh paint inside and out, landscaping, and some cosmetics will go a long way! This home received a complete top to bottom remodel just 10 years including a new 50 yr roof, Furnace, Kitchen, Baths and more! The huge fenced "double" back yard has endless opportunities such as Sport Court, detached ADU, elite garden, etc... Sylvan Highlands neighbors The Oregon Zoo & Max Station, and is home to historic tennis center The Racquet Club. Just a few minutes to Downtown, Northwest Portland and Pearl District Restaurants, shopping and entertainment. Instant freeway access for short commutes to Nike, Intel and Hi-Tech Corridor! Washington Park and Forest Park are also nearby. Ready for you finishing touches to make it shine and and enjoy for many years to come!

Single-familyProperty Type

1947Year Built

0.25 acresLot Size

$281Price/Sq.Ft.

1 car garageParking

Listed by Tom Portlock • MORE Realty

Contact: 503-475-7423

Listing updated: Sep 19, 2026 at 12:14am

Redfin checked: 2 minutes ago

•Source:RMLS #264568869

Redfin agents who toured

Big opportunity in green backyard.
1 month ago
Maxwell Waker
Redfin Associate agent
3,660 tours
Nicely maintained home in need of some updates. Kitchen and baths are very retro cool! Manicured landscaping on a lot that sits below the street. Bonus room and bedroom on lower level. Highway is directly behind home
11 years ago• May not reflect the current state of the home
Brian Krizman
Redfin Associate agent

Payment calculator

$3,889 per month

Principal and interest$3,103

Property taxes

$687

HOA dues

Home insurance

$99

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Ainsworth Elementary School

Public K-5 • Assigned • 1.3mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 1.7mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.8mi

8/10

Provided by GreatSchools

About

Sylvan-Highlands

Sylvan-Highlands, located between Washington Park and Forest Park, is a hillside and wooded Portland neighborhood with winding roads and trailhead gateways. The neighborhood’s character concentrates at the Washington Park MAX Station area along SW Jefferson St, where transit platforms, park entrances, and commuter foot traffic set a purposeful pace. The Oregon Zoo, Hoyt Arboretum, and the World Forestry Center anchor local culture with exhibits, canopy walks, and forest-focused programming. Homes range from mid-century lines to contemporary builds tucked into steep lots, often framed by tall firs. Daily rhythms follow trail runs, dog walks, and bike climbs up Skyline and Fairview. Foggy mornings and filtered light give the streets a quiet, evergreen feel.

Provided by Walk Score and Local Logic

Offer insights

4842 SW Elm Ln · $568,500

Strong offer

$568K and above

75% chance or better to win

Why $568K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 19 days.

SALE-TO-LIST

Most homes are selling 1% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Garage door opener
Hardwood floors
Tile flooring
Wall-to-wall carpet
Washer and dryer included
Two wood-burning fireplaces
Double-pane windows with vinyl frames
Finished daylight basement with exterior entry

Bedrooms
Primary bedroom (lower level) with ensuite and walk-in closet
Second bedroom (main level) with hardwood floors
Third bedroom (main level) with hardwood floors

Bathrooms
Two full bathrooms (one on main level, one on lower level)

Kitchen
Dishwasher
Free-standing gas range
Free-standing refrigerator
Range hood
Pantry
Solid surface countertops
Stainless steel appliances
Updated/remodeled kitchen
Garden window in kitchen

Laundry & utility
Dedicated laundry room (lower level)
Gas hot water

Flooring
Hardwood floors
Tile
Wall-to-wall carpet

Heating & cooling
High-efficiency forced air heating (95%+)
Central air conditioning
Gas fuel

Sale and tax history for 4842 SW Elm Ln

Sale History
Tax History

Date

Event

Price

RMLS #264568869

Sep 3, 2026

Price Changed

$568,500

$281/sq ft

Jul 23, 2026

Price Changed

$598,500

$296/sq ft

Jun 21, 2026

Listed

$630,000

$312/sq ft

RMLS #17436764

May 11, 2017

Sold

$525,000

$260/sq ft

Apr 3, 2017

Pending

—

Mar 2, 2017

Listed

$549,000

$272/sq ft

OPEN HOUSE SUN, 4/2, 1-3:00. No stone left unturned in the remodel of this mid-century gem! Located in Sylvan Highlands - less than 1 mile to the Zoo, Max & Racquet Club. Check out the attached remodel notes. Move-in ready! Gleaming original hardwoods, NEW 50 yr roof, NEW Furnace, NEW Kitchen, Baths, Carpet and just about everything else. Fenced backyard. Exceptional Schools. Easy commute to Downtown, Nike and Hi-Tech Corridor.

RMLS #14305739

Oct 19, 2015

Sold

$374,088

$185/sq ft

Sep 28, 2015

Pending

—

Aug 28, 2015

Price Changed

$399,900

$198/sq ft

Jul 1, 2015

Relisted

—

Jul 1, 2015

Delisted

—

Jun 7, 2015

Listed

$420,000

$208/sq ft

+11

PRICE JUST REDUCED! Cute "Old Portland" one owner home in sought after area! Portland Schools,Gardeners delight! Original period details, everything with up to date mechanicals: electrical, water main, furnace and more. Large rear deck overlooking park like back yard & front patio enjoying the landscaping. Newly finished family room and fresh paint throughout. One heck of a nice home with expansion potential: up or to the side!

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10,774 Sq. Ft.

Year renovated

1947

Finished Sq. Ft.

1,690

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,690

Year built

1947

Style

Single Family Residential

County

Multnomah County

APN

R301068

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Residential 7,000 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.

Zone overlays

Scenic Resource Zone
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

5 days above 91° expected this year, 10 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

75/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 4842 SW Elm Ln

$565,896

$2,604 under list price of $569K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $445K to $915K.

SOLD JAN 12, 2026
$682,500 Last sold price
3 beds2 baths2,112 sq ft
1670 SW Highland Pkwy, Portland, OR 97221
$42/sq ft
larger lot
5 years older
SOLD JUL 13, 2026
$444,500 Last sold price
3 beds2 baths2,334 sq ft
6615 SW Canyon Dr, Portland, OR 97225
$91/sq ft
larger lot
12 years newer
SOLD DEC 17, 2025
$745,000 Last sold price
2 beds3 baths1,622 sq ft
315 SW 48th Dr, Portland, OR 97221
$178/sq ft
smaller lot
60 years newer
SOLD JUN 4, 2026
$915,000 Last sold price
3 beds3 baths2,651 sq ft
3741 SW Sweetbriar Dr, Portland, OR 97221
$64/sq ft
smaller lot
64 years newer
SOLD AUG 4, 2026
$849,000 Last sold price
3 beds2 baths2,095 sq ft
5000 NW Cornell Rd, Portland, OR 97210
$124/sq ft
larger lot
3 years newer
SOLD JUN 17, 2026
$574,900 Last sold price
4 beds2 baths3,047 sq ft
5929 SW Taylor St, Portland, OR 97221
$92/sq ft
smaller lot
33 years older

Rental earnings

Est. $3,649 per month, based on comparable rentals

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