OFF MARKET

Off market apr 2025 for $320K

$317,248

Est. refi paymentEst. refi $2,142/mo

•

917

sq ft

4950 SE Franklin St #2, Portland, OR 97206

About this home

Rare Richmond ground floor condo in a boutique contemporary building. This spacious and well-laid-out unit features soaring nine foot ceilings, a private covered patio, heating and cooling via efficient mini splits, fresh paint, an upgraded kitchen with quartz countertops and stainless steel appliances, and zero steps from the sidewalk to the unit. Enjoy views of mature plantings out of every window, and the personalized experience of living in a six unit building with a community feel. Explore this vibrant neighborhood with Clinton City Park and the Hinterland Food Carts both half a mile away, and tons of shops and restaurants nearby. Car-free life is possible here: walk score of 93, bike score of 100, transit score of 54.

CondoProperty Type

2016Year Built

$346Est. Price/Sq.Ft.

Listed by Kimberly Parmon • Living Room Realty

Bought with Shannon Sansoterra • Think Real Estate

Redfin checked: a minute ago

•Source:RMLS #608044683

Redfin Estimate

$317,248

$2,752 since sold in April 2025$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.9% higher than the average sale price ($314K) of 6 comparable homes.

SOLD AUG 17, 2026
$285,000
A
2 beds2 baths800 sq ft
2725 SE 50th Ave, Portland, OR 97206
SOLD AUG 31, 2026
$335,000
B
2 beds2 baths863 sq ft
5296 SE 68th Ave #1, Portland, OR 97206
BOUGHT WITH REDFIN JUN 18, 2026
$315,000
C
2 beds2 baths886 sq ft
5290 SE 68th Ave #4, Portland, OR 97206
SOLD SEP 3, 2026
$335,000
D
2 beds2 baths967 sq ft
838 SE 38th Ave #202, Portland, OR 97214
SOLD APR 23, 2026
$342,900
E
2 beds3 baths915 sq ft
4920 SE Caruthers St #2, Portland, OR 97215
SOLD JUN 11, 2026
$273,950
F
2 beds3 baths890 sq ft
4734 SE 65th Ave, Portland, OR 97206

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Earn from this home

Sell

$47,953

Est. take-home

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Refinance

Est. cash available

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Rent

$2,458/mo

Redfin rental estimate

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Market trends in Richmond, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.3%

0.1% MoM

Median sale price

$773K

$13K MoM

Avg. days on market

12d

4 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 12 HRS AGO
$330,000
2 beds3 baths1,052 sq ft
5720 SE Duke St, Portland, OR 97206
Ben Rezac • Opt
NEW 13 HRS AGO
$999,000
6 beds5 baths3,627 sq ft
4428 SE 42nd Ave, Portland, OR 97206
Thomas DeMonbrun • Metro Group Realty
OPEN SAT, 11AM TO 1PM
$485,000
2 beds1 bath1,822 sq ft
2831 SE 74th Ave, Portland, OR 97206
Michele Bennett • Urban Nest Realty
HOT HOME
$556,500
3 beds2 baths1,594 sq ft
6330 SE Woodstock Blvd, Portland, OR 97206
Jules Fedota • Windermere Realty Trust
$99,500
3 beds2 baths960 sq ft
7842 SE Lindy St, Portland, OR 97206
Patrick Smith • Century 21 North Homes Realty
$499,900
3 beds4 baths2,324 sq ft
8044 SE Malden St, Portland, OR 97206
Korrie Hicks • KOR Realty
HOT HOME
$550,000
2 beds2 baths2,020 sq ft
5140 SE 66th Ave, Portland, OR 97206
Carl Iiams • Premiere Property Group, LLC
$795,000
6 beds4 baths4,854 sq ft
2421 SE 52nd Ave, Portland, OR 97206
Brian Spear • Opt
SHORT SALE
$425,000
3 beds1 bath906 sq ft
3604 SE 64th Ave, Portland, OR 97206
Carey Hughes • Keller Williams Realty Professionals
$495,000
4 beds3 baths1,440 sq ft
7118 SE Fern Ave, Portland, OR 97206
Steve Groom • PNW Realty Associates LLC
See all

Provided by Redfin

Sale history for 4950 SE Franklin St #2

Date

Event

Price

RMLS #608044683

Apr 21, 2025

Sold

$320,000

$349/sq ft

Mar 20, 2025

Pending

—

Feb 3, 2025

Price Changed

$325,000

$354/sq ft

Jan 23, 2025

Listed

$335,000

$365/sq ft

RMLS #16288828

Aug 16, 2016

Sold

$335,000

$365/sq ft

Jun 29, 2016

Pending

—

Jun 22, 2016

Relisted

—

Jun 19, 2016

Pending

—

Jun 2, 2016

Listed

$335,000

$365/sq ft

LAST ONE ! SELLER TO PAY $3K TOWARDS BUYERS CLOSING COSTS. Amazing ground floor - 2 bd/1 bth condo in the HOT Richmond Neighborhood. Enjoy your lifestyle w/ 9'ceilings, patio, top of the line finishes, quartz counter tops, stainless appliances, tile bathroom floor & counters, mini-split heat & A/C in each room. Near the Division Street where you can enjoy restaurants & stores, public transportaion near, easy downtown access. Taxes TBD.

Tax history for 4950 SE Franklin St #2

*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

—

Year renovated

2016

Sq. Ft.

917

Year built

2016

Style

Condo/Co-op

County

Multnomah County

APN

R673580

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

CM2

Commercial/Mixed Use 2

The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.

Permitted uses

Include but are not limited to:

Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space

Property details

Parking

Parking Information
Parking Features: On Street

Interior

Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes

Appliances
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Quartz, Stainless Steel Appliance(s), Tile
Hot Water Description: Electricity

Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Hallway(s), Bathroom Cabinets, Built-in Lighting, Ground Level, Main Floor Bedroom w/Bath, One Level, Pathway, Utility Room On Main
Interior Features: Engineered Hardwood, High Ceilings, Laundry, Sprinkler, Wall to Wall Carpet, Washer/Dryer
Window Features: Double Pane Windows, Vinyl Frames

Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1

Room 7 Information
Description: 2nd Bedroom
Features Cont: Closet, Wall to Wall Carpet
Level: Main

Room 9 Information
Description: Dining Room
Features Cont: Engineered Hardwood, High Ceilings
Level: Main

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen
Features: Dishwasher, Kitchen/Dining Room Combo, Microwave
Features Cont: ENERGY STAR Qualified Appliances, Engineered Hardwood, Free-Standing Range, Free-Standing Refrigerator, High Ceilings, Quartz
Level: Main

Room 12 Information
Description: Living Room
Features: Exterior Entry, Living Room/Dining Room Combo
Features Cont: Engineered Hardwood, High Ceilings
Level: Main

Room 13 Information
Description: Primary Bedroom
Features Cont: Closet, Wall to Wall Carpet
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Covered Patio
Exterior Description: Cement Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Features: Level
Parcel Number: R673580
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Condominium
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 917
Stories Total: 3
Security Features: Unknown
View YN: No

Building Information
Year Built: 2016
Building Area Total: 917
Building Area Description: TRIO
Building Area Calculated: 917
Foundation Details: Slab

Condominium Information
Condominium Yard YN: No
Condominium Washer Dryer: Included In Unit
Condominium Units In Complex: 6
Condominium Total Levels: 3
Condominium Storage Deeded Tax YN: No
Condominium Storage Avail YN: No
Condominium Storage Assigned YN: No
Condominium Smoking Policy YNUR: Unknown
Condominium Rent Policy: Cap has been met
Condominium Rent Cap YNUR: Yes
Condominium Public Remarks: Small, 6 unit building with a community feel. HOA dues include water, sewer, trash, yard maintenance, annual dryer vent cleaning in each unit, annual backflow testing, fire suppression system testing and maintenance, and annual exterior window cleaning.
Condominium Pet Policies YNUR: Yes
Condominium Parking Tandem YN: No
Condominium Parking Deeded YN 1: No
Condominium Parking Assigned YN 1: No
Condominium One Time Capital Improvement Contribution YNUR: No
Condominium Move In Out Fee YNUR: No
Condominium Garage Type: None
Condominium Floor Plan: One Level
Condominium Elevator YN: No
Condominium Deck Dimensions: 5.6x13
Condominium Deck Avail YN: Yes
Condominium Deck Area: 73
Condominium Conversion YN: No
Condominium Concierge YN: No

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: TERRACE AT RICHMOND CONDOMINIUMS, LOT 2
Tax Annual Amount: $5,284.21

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: Yes
Cooling: Mini Split

Location

Unit Information
Unit Location: Ground Floor

HOA Information
Has HOA: Yes
Association Amenities: Exterior Maintenance, Insurance, Trash, Water
Association Fee: $220
Association Fee Frequency: Monthly

School Information
Elementary School: Creston
Middle Or Junior School: Hosford
High School: Franklin

Location Information
Directions: SE Powell, N on SE 50th, West on SE Franklin
Unparsed Address: 4950 SE FRANKLIN ST 2, Portland, OR 97206

Community Information
Senior Community YN: No
Zoning: CM2

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 917
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2016
Year Renovated: 2016
County: Multnomah County
APN: R673580

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Creston Elementary School

Public K-5 • Assigned • 0.3mi

9/10

Hosford Middle School

Public 6-8 • Assigned • 1.3mi

8/10

Franklin High School

Public 9-12 • Assigned • 0.3mi

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 • 97206

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

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$302,000 – $365,000

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Nearby similar homes

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New listings for sale in 97206

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Ben Rezac • Opt

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Carl Iiams • Premiere Property Group, LLC

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Carey Hughes • Keller Williams Realty Professionals

Home values near 4950 SE Franklin St #2

Data from public records.

Address	Redfin Estimate
4836 SE Franklin Street, Portland, OR 4 Beds \| 4 Baths \| 3040 Sq. Ft.	$782,240
4920 SE Franklin Street, Portland, OR 2 Beds \| 1 Baths \| 1597 Sq. Ft.	$493,080

Address	Redfin Estimate
4912 SE Franklin Street, Portland, OR 4 Beds \| 2 Baths \| 2839 Sq. Ft.	$706,740
5007 SE Franklin Street, Portland, OR 3 Beds \| 1 Baths \| 2492 Sq. Ft.	$602,260

Address	Redfin Estimate
5012 SE Franklin Street, Portland, OR 4 Beds \| 1 Baths \| 2604 Sq. Ft.	—
5022 SE Franklin Street, Portland, OR 3 Beds \| 2 Baths \| 1271 Sq. Ft.	$600,914

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Richmond, OR

Sale history for 4950 SE Franklin St #2

Tax history for 4950 SE Franklin St #2

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97206

Home values near 4950 SE Franklin St #2

More real estate resources