Pending

$925,000

Est. $6,405/mo —

•

3,709

sq ft

5721 SW 48th Ave, Portland, OR 97221

About this home

Welcome to The Wonder on 48th! Rich in history and full of character. This 1915 Hayhurst charmer has nearly half an acre, a permitted ADU, and a detached workshop. Not your everyday Portland property—and that's exactly the point. Inside, you'll find four bedrooms, a light-filled sunroom, and the kind of personality you just don't find in newer homes. Recent updates include a new roof, furnace, water heater, ductwork, and kitchen appliances. The attached, permitted ADU features its own kitchenette and bathroom, offering flexibility for guests, extended family, or multigenerational living. The permitted detached workshop is ready for makers, tinkerers, artists, or anyone with a project in mind, complete with 220V power and plumbing capability. Outside, the fully fenced lot is surrounded by mature landscaping with plenty of room for gardening, backyard gatherings, or simply enjoying a little extra space. A two-car garage and partially finished basement add even more functionality. Located near Hayhurst Elementary and just minutes from the shops, restaurants, coffee spots, and neighborhood favorites of Multnomah Village, this home offers a little breathing room without leaving the conveniences of city living behind. Vintage charm, creative possibilities, and a location that's distinctly Portland. The Wonder on 48th is ready for its next chapter! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252023]

Single-familyProperty Type

1915Year Built

0.44 acresLot Size

$249Price/Sq.Ft.

2 car garageParking

Listed by Melissa McReynolds • Cascade Hasson Sotheby's International Realty

Listed by Adrian Olmstead • Cascade Hasson Sotheby's International Realty

Listing updated: Nov 9, 2026 at 02:04pm

Redfin checked: 2 minutes ago

•Source:RMLS #453966811

Payment calculator

$6,405 per month

Principal and interest$5,048

Property taxes

$1,211

HOA dues

Home insurance

$146

Utilities

Add

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN SAT, 11AM TO 1PM
$480,000
2 beds2 baths2,183 sq ft
10867 SE Myrtle St, Milwaukie, OR 97222
Built 1925
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$339,900
2 beds2 baths1,081 sq ft
9600 NW Miller Hill Dr, Portland, OR 97229
$450 HOA • Garage • Built 1996
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REDFIN OPEN SAT, 11AM TO 1PM3D & VIDEO TOUR
$875,000
4 beds4 baths3,858 sq ft
12205 SW Silvertip St, Beaverton, OR 97007
4,356 sq ft lot • 3 garage spots • Built 2023
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REDFIN OPEN SAT, 11AM TO 1PM3D & VIDEO TOUR
$500,000
3 beds2 baths1,686 sq ft
20000 SW Johnson St, Aloha, OR 97003
6,969 sq ft lot • 2 garage spots • Built 1962
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$440,000
2 beds1 bath1,266 sq ft
7568 N Gilbert Ave, Portland, OR 97203
5,227 sq ft lot • 2 garage spots • Built 1957
Redfin
REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$229,000
1 bed1 bath656 sq ft
507 NW 22nd Ave #104, Portland, OR 97210
Built 1925
Redfin
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$750,000
2 beds3 baths1,644 sq ft
5237 N Emerson Dr, Portland, OR 97217
0.34 acre lot • 2 garage spots • Built 1979
Redfin
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$475,000
3 beds1 bath1,176 sq ft
8360 SW Oleson Rd, Portland, OR 97223
8,712 sq ft lot • 2 garage spots • Built 1953
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$725,000
4 beds3 baths3,069 sq ft
725 N Farragut St, Portland, OR 97217
5,227 sq ft lot • Garage • Built 1944
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D & VIDEO TOUR
$1,049,000
4 beds3 baths2,740 sq ft
1432 Greentree Cir, Lake Oswego, OR 97034
0.29 acre lot • 2 garage spots • Built 1977
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Hayhurst Elementary School

Public K-8 • Assigned • 0.2mi

9/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 1.8mi

8/10

Provided by GreatSchools

About

Hayhurst

Hayhurst, located between Multnomah Village and Hillsdale, is a residential and hillside Portland neighborhood with wooded slopes and a quiet, campus-adjacent feel. The neighborhood’s character concentrates around the SW Capitol Hwy and SW Sunset Blvd junction, where small storefronts, coffee counters, and everyday errands cluster along the corridor. Community pillars include the Southwest Community Center, the Hillsdale Library, and the historic Oregon Episcopal School campus. Curving streets and mid-century houses mix with newer builds, often framed by tall firs. Trails and green pockets thread toward Gabriel Park and the broader Southwest hills. Daily life leans toward local routines, with buses and bike routes linking to nearby village streets.

Provided by Walk Score and Local Logic

Offer insights

5721 SW 48th Ave · $925,000

Strong offer

$942K and above

75% chance or better to win

Why $942K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 17 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
Accessory dwelling unit with separate living quarters
Ceiling fans
Garage door opener
Skylights
Full, partially finished basement
Gas fireplace
Storm windows with wood frames
Built-in features
High ceilings

Bedrooms
Four bedrooms, including the primary bedroom, on the upper level

Bathrooms
One full bathroom on the upper level
One half bathroom on the main level

Kitchen
Dishwasher
Disposal
Free-standing range
Free-standing refrigerator
Microwave
Stainless steel appliances
Eating area
Garden window

Laundry & utility
Main-level laundry with sink and washer/dryer

Flooring
Hardwood floors
Concrete floors

Heating & cooling
Forced-air heating
Window-unit cooling

Sale and tax history for 5721 SW 48th Ave

Sale History
Tax History

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.44 Acres

Year renovated

1915

Finished Sq. Ft.

2,085

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,085

Year built

1915

Style

Single Family Residential

County

Multnomah County

APN

R259006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 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

Environmental Conservation Overlay Zone
Constrained Sites Overlay Zone

Permitted uses

Include but are not limited to:

Housing

Dec 27, 2016 • Final

Residential bldg/trade

Remove and rebuild an existing attached garage. Construct a new addition consisting of an exercise room and a bathroom. Replace a portion of the sanitary sewer line.

Addition

Plumbing

Oct 7, 2016 • Final

Residential bldg/trade

New construction

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

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)

45°

35°

47°

37°

54°

41°

62°

44°

67°

48°

73°

53°

79°

56°

82°

60°

74°

56°

59°

46°

50°

42°

48°

40°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

This home ranks in the top 21% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.9 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5721 SW 48th Ave

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

Nearby homes have recently sold between $755,000 and $917,625.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $755K to $918K.

BOUGHT WITH REDFIN JUL 16, 2026
$755,000 Last sold price
3 beds2 baths1,712 sq ft
4684 SW Flower Pl, Portland, OR 97221
$192/sq ft
smaller lot
71 years newer
SOLD JUN 1, 2026
$900,000 Last sold price
4 beds3 baths3,762 sq ft
6115 SW 36th Ave, Portland, OR 97221
$10/sq ft
smaller lot
47 years newer
SOLD SEP 3, 2026
$769,900 Last sold price
4 beds2 baths2,750 sq ft
6135 SW 41st Ave, Portland, OR 97221
$31/sq ft
smaller lot
40 years newer
SOLD JUL 2, 2026
$840,000 Last sold price
4 beds3 baths2,672 sq ft
6438 SW Flower St, Portland, OR 97221
$65/sq ft
smaller lot
79 years newer
SOLD DEC 19, 2025
$917,625 Last sold price
4 beds4 baths3,622 sq ft
6255 SW Tower Way, Portland, OR 97221
$4/sq ft
smaller lot
42 years newer

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Rocky Loring

Portland Redfin Agent

Rocky Loring typically replies in about 2 minutes

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Details provided by RMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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