OPEN SUN, 1PM TO 3PM

For sale

$465,000

Est. $3,149/mo —

•

1,970

sq ft

5232 SE Malden St, Portland, OR 97206

About this home

Some homes put you close to everything. This one lets you rise above it.Perched over the heart of SE Portland, sunsets and city lights spill across the view while Woodstock, Sellwood, Eastmoreland, parks, coffee, dining and transit are all just minutes away. Close the gate and the city fades a little. Your own tucked-away sanctuary, with Portland still right outside.Inside, the kitchen is the kind people linger inan oversized leathered-granite island, cooktop, stainless appliances and room for dinner to turn into drinks and drinks to turn into midnight. Oversized windows pull the light in, a gas fireplace warms things up, and the view deck practically demands a sunset.Upstairs, three bedrooms include a vaulted primary suite with Juliet balcony, dual closets and private bath. Downstairs? A separate entrance and a whole lot of possibilityguest suite, studio, office, future ADU, or the beginning of something bigger.Because here’s where this house gets interesting. CM1 mixed-use zoning. Coffee shop? Massage studio? Therapy practice? Creative workspace? Live upstairs, dream downstairs. Buyers to verify permitted uses with the City of Portland.Fully fenced with multiple decks, a private paver patio, mature landscaping, big garage and Level 2 EV charging.A little private. A little unexpected. And very Portland. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10185178]

Single-familyProperty Type

2008Year Built

2,613 sq ftLot Size

$236Price/Sq.Ft.

1 car garageParking

Listed by Jordan McAllister • MORE Realty

Contact: 503-320-6219

Listing updated: Sep 22, 2026 at 12:25am

Redfin checked: 3 minutes ago

•Source:RMLS #543616680

Payment calculator

$3,149 per month

Principal and interest$2,538

Property taxes

$530

HOA dues

Home insurance

$81

Utilities

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Open houses

Sunday, Sep 27

1:00pm - 3:00pm

Nearby open houses (10)

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Erin Livengood • Windermere Realty Trust
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Jose Otalora Correa • Realty One Group Prestige
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Around this home

Schools

K - 12
Preschool & daycare

Whitman Elementary School

Public K-5 • Assigned • 1.1mi

6/10

Lane Middle School

Public 6-8 • Assigned • 0.4mi

6/10

Cleveland High School

Public 9-12 • Assigned • 2.6mi

7/10

Provided by GreatSchools

About

Brentwood

Brentwood, located between SE 52nd Avenue and I-205, is a residential and industrial Portland neighborhood with modest mid-century houses and a working-warehouse edge. The neighborhood’s character concentrates around SE 52nd Avenue and SE Duke Street, where auto shops, small manufacturers, and corner markets set a practical, street-level rhythm. Cartlandia anchors the food-cart scene, while Portland Mercado adds a market-hall pulse nearby. Sidewalks thread past single-story ranch homes, duplexes, and newer infill on quiet blocks. Brentwood Park and the Springwater Corridor shape daily routines with fields, paths, and long bike rides. Light-rail stations along I-205 connect the area to the wider city without changing its grounded feel.

Provided by Walk Score and Local Logic

Offer insights

5232 SE Malden St · $465,000

Strong offer

$465K and above

75% chance or better to win

Why $465K+ 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

Interior features
Ceiling fans
High and vaulted ceilings
Garage door opener
Granite surfaces
Double pane windows with vinyl frames
Washer and dryer included
Partially finished basement with exterior entry and storage
Gas fireplace (1)

Bedrooms
Primary bedroom on upper level with ensuite bathroom, double closet, vaulted ceiling and deck
Second bedroom on upper level with closet and wall-to-wall carpet
Third bedroom on upper level with closet and wall-to-wall carpet
Bonus room on lower level

Bathrooms
Two full bathrooms (both on upper level)
One half bath on the main level (total 2.1 bathrooms)

Kitchen
Dishwasher
Disposal
Free-standing refrigerator
Island
Granite countertops
Stainless steel appliances
Eat bar

Laundry & utility
Upper-level laundry

Flooring
Vinyl flooring in kitchen and dining areas
Wall-to-wall carpet in living areas and bedrooms

Heating & cooling
Forced air heating (gas)
Central air conditioning

Sale and tax history for 5232 SE Malden St

Sale History
Tax History

Date

Event

Price

RMLS #543616680

Sep 17, 2026

Price Changed

$465,000

$236/sq ft

Jul 6, 2026

Listed

$499,000

$253/sq ft

RMLS #20500995

Oct 2, 2020

Sold

$347,500

$176/sq ft

Jun 29, 2020

Pending

—

Jun 19, 2020

Listed

$350,000

$178/sq ft

This unique property features an excellent layout with a low-maintenance yard. Multiple Trex decks capitalize on great territorial views. The ground floor offers a unique opportunity: keep the space as an unfinished large garage with storage galore, finish the space to expand the home, turn the ground floor into a second unit, or situate your business on this mixed-use site with CM1 zoning! Buyer to do due diligence re: all information/confirm usage options with the city. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10185178]

RMLS #13245357

Jun 21, 2013

Sold

$202,900

$103/sq ft

May 11, 2013

Pending

—

Mar 19, 2013

Listed

$199,999

$102/sq ft

Public record

Public record
Zoning
Permits

Beds

—

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

2,609 Sq. Ft.

Year renovated

2008

Finished Sq. Ft.

1,970

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,970

Year built

2008

Style

Single Family Residential

County

Multnomah County

APN

R589649

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

CM1

Commercial/Mixed Use 1 Zone

The Commercial/Mixed Use 1 (CM1) zone is a small-scale zone intended for sites in dispersed mixed use nodes within lower density residential areas, as well as on neighborhood corridors and at the edges of neighborhood centers, town centers and regional centers. The zone is also appropriate in core commercial areas of centers in locations where older commercial storefront buildings of 1 to 2 stories are predominant. This zone allows a mix of commercial and residential uses. The size of commercial uses is limited to minimize impacts on surrounding residential areas. Buildings in this zone will generally be up to three stories tall. Development is intended to be pedestrian-oriented and compatible with the scale and characteristics of adjacent residentially zoned areas or low-rise commercial areas.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing
Housing-Group
Educational/school
Park & open space

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 93° 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

90/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 13% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5232 SE Malden St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $430,000 and $505,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $430K to $505K.

SOLD AUG 13, 2026
$505,000 Last sold price
4 beds1 bath1,715 sq ft
3911 SE Lexington St, Portland, OR 97202
$58/sq ft
larger lot
95 years older
SOLD SEP 4, 2026
$490,000 Last sold price
3 beds2 baths1,316 sq ft
5601 SE Bybee Blvd Unit A, Portland, OR 97206
$136/sq ft
larger lot
66 years older
SOLD MAR 13, 2026
$499,000 Last sold price
3 beds2 baths2,366 sq ft
5265 SE Lambert St, Portland, OR 97206
$25/sq ft
larger lot
83 years older
SOLD AUG 11, 2026
$487,500 Last sold price
3 beds2 baths1,158 sq ft
5811 SE Henderson St, Portland, OR 97206
$185/sq ft
larger lot
55 years older
SOLD JUL 15, 2026
$430,000 Last sold price
3 beds2 baths1,446 sq ft
5416 SE Knapp St, Portland, OR 97206
$61/sq ft
larger lot
64 years older
SOLD DEC 5, 2025
$485,000 Last sold price
3 beds3 baths1,747 sq ft
6071 SE Lexington St, Portland, OR 97206
$42/sq ft
15 years newer
no basement

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