Spacious main-level condo with a large 8x25 private balcony overlooking Fanno Creek in prestigious Raleigh Hills. Newer kitchen with quartz counters, stainless steel appliances, and wood-burning fireplace. Wood floors, fresh interior paint, and upgraded lighting throughout. Central air conditioning. Carport with storage space plus an additional parking spot. Two bedrooms and two full baths with W/D in unit. Two deeded parking spaces (one covered carport) and 12x11 storage room adjacent to carport. HOA includes water, sewer, and trash. Major building repairs completed in 2022 include new roof, siding, terrace, railings, all windows, both patio doors, and entry door. Prime location near parks, schools, and bus lines. Quiet, parklike setting just minutes’ walk to New Seasons, and close to Multnomah Village, Hillsdale, Washington Square, and downtown Portland. Move-in ready with low HOA!
This condo is dialed in and the back porch looks out over Fanno Creek, into the trees. 
10 months ago• May not reflect the current state of the home
Kurt Dahlke
Redfin Associate agent
Sale history for 5109 SW Oleson Rd
Date
Event
Price
RMLS #650936704
Dec 3, 2025
Sold
$297,000
$285/sq ft
Oct 21, 2025
Pending
—
Oct 17, 2025
Listed
$298,800
$287/sq ft
RMLS #18369534
Aug 3, 2018
Sold
$200,500
$193/sq ft
May 21, 2018
Pending
—
May 10, 2018
Listed
$199,000
$191/sq ft
EVERYTHING IS NEW! This stunning condo has it all: Single story floor plan, walking distance to New Seasons and $55,000 worth of upgrades. Brand new kitchen with quartz counters, full backsplash & stainless appliances. Wood-burning fireplace, marble counters, wood floors. Newer furnace, electric panel, plumbing and there is even central air. Carport with storage space + parking spot and large deck with peaceful views of creek & trees.
RMLS #16308170
Aug 2, 2016
Sold
$120,000
$115/sq ft
Jul 3, 2016
Pending
—
Jun 28, 2016
Price Changed
$125,900
$121/sq ft
Jun 10, 2016
Relisted
—
Jun 6, 2016
Pending
—
Jun 2, 2016
Price Changed
$129,900
$125/sq ft
May 28, 2016
Listed
$145,000
$139/sq ft
Move-in ready, ground level condo in Raleigh Hills. Great location. Walk to New Seasons! Easy access to downtown. Very peaceful setting. Spacious living room opens to large patio overlooking Fanno creek, trees, and wildlife. Large master suite. Central heating and air conditioning, new lighting, fresh paint, new stainless dishwasher. 2 assigned parking & storage room. Cash only or hard money loan.
RMLS #15502308
Sep 18, 2015
Sold
$107,000
$103/sq ft
Sep 8, 2015
Pending
—
Sep 6, 2015
Relisted
—
Aug 24, 2015
Pending
—
Aug 24, 2015
Relisted
—
Aug 16, 2015
Pending
—
Jul 23, 2015
Price Changed
$115,000
$110/sq ft
Apr 9, 2015
Listed
$135,000
$130/sq ft
Public Records
Dec 1, 1983
Sold
$57,000
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,348 (+4.4%)
2024
$3,209 (+6.5%)
2023
$3,013 (+3.3%)
2022
$2,915 (+3.7%)
2021
$2,810 (+4.1%)
2020
$2,700 (+2.4%)
2019
$2,637 (+3.7%)
2018
$2,543 (+29.8%)
2017
$1,959 (+20.0%)
$120,950
2016
$1,633 (−18.6%)
$101,610
2015
$2,006 (+3.2%)
2014
$1,943 (+5.1%)
2013
$1,849 (+6.0%)
2012
$1,745 (+2.8%)
2011
$1,698 (+2.6%)
2010
$1,655 (+2.1%)
2009
$1,621
Tax history for 5109 SW Oleson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,348 (+4.4%)
2024
$3,209 (+6.5%)
2023
$3,013 (+3.3%)
2022
$2,915 (+3.7%)
2021
$2,810 (+4.1%)
2020
$2,700 (+2.4%)
2019
$2,637 (+3.7%)
2018
$2,543 (+29.8%)
2017
$1,959 (+20.0%)
$120,950
2016
$1,633 (−18.6%)
$101,610
2015
$2,006 (+3.2%)
2014
$1,943 (+5.1%)
2013
$1,849 (+6.0%)
2012
$1,745 (+2.8%)
2011
$1,698 (+2.6%)
2010
$1,655 (+2.1%)
2009
$1,621
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.