Your own private park in the city. Located in the highly desirable Ashcreek neighborhood and set on a truly expansive and beautifully landscaped lot, this exceptionally updated home offers privacy, character & easy proximity to Portland’s beloved Multnomah Village. The deck invites you to morning coffee & summer dinners among a beautiful Pacific Northwest landscape. Inside, the home has been completely updated. New windows, stunning hardwood floors, all new doors & trim, new cabinets, counters, fixtures, flooring, neutral paint...this home feels like new! Outstanding condition & updated mechanicals - perfect for the buyer who wants a classic SW Portland home, with NONE of the work. Bright & cheerful kitchen with loads of cabinet & counter space; stainless steel appliances, gas stove, quartz counters, island & eating bar. Wonderful great-room floorplan that is perfect for gathering; huge living area with wood-burning fireplace and dining area with room for a crowd. Desirable main level primary suite with hardwood floors & ensuite bath. The lower-level bedrooms have large windows and plenty of natural light. A lower-level den/office (or non-conforming 4th bedroom.) Large lower-level bonus room is the essential 2nd living area, tucked away quietly downstairs with a door to the backyard/patio. The home is just blocks to Smith school playground and Wood Memorial Park. Mature fruit trees, RV parking, & a friendly neighborhood community complete the perfect picture. Inside & out, this home feels brand new...absolutely MOVE-IN READY! But the creative outdoor enthusiasts may still look off the deck into the expansive backyard and see the endless possibilities in all their new space. You'll know the moment you step on the front porch you've found a rare opportunity to enjoy a setting that feels worlds away, but only minutes from the Fanno Creek trail, Trader Joes, Gabriel Park, Multnomah Village and I5 for easy Portland access. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10247636]
Single-familyProperty Type
1971Year Built
0.38 acresLot Size
$374Price/Sq.Ft.
2 car garageParking
Listed by Temara Presley• John L. Scott Portland Central
Listed by Eva Sanders• John L. Scott Portland Central
Contact: portlandcentral@johnlscott.com
Bought with Dan Anderson• Keller Williams Realty Portland Elite
Est. $3,211 per month, based on comparable rentals
Sale and tax history for 8514 SW 54th Ave
Sale History
Tax History
Date
Event
Price
RMLS #546354686
Jul 31, 2026
Sold
$740,000
$374/sq ft
Jul 2, 2026
Pending
—
Jun 30, 2026
Price Changed
$732,900
$370/sq ft
Jun 4, 2026
Listed
$748,000
$378/sq ft
RMLS #21251644
May 27, 2022
Sold
$725,000
$366/sq ft
Apr 29, 2022
Pending
—
Apr 21, 2022
Price Changed
$724,900
$366/sq ft
Apr 21, 2022
Relisted
—
Oct 27, 2021
Pending
—
Oct 14, 2021
Relisted
—
Aug 29, 2021
Pending
—
Jun 21, 2021
Listed
$699,900
$353/sq ft
Beautifully updated daylight ranch on a huge lot, next to homes valued over 1 million. Within walking distance to shopping, bars, boutiques, etc. Owner updated almost everything from flooring, new showers', new heating system, roof, water heater etc. etc. Possibly dividable.
Year
Property tax
Land + Additions
Assessment*
2025
$6,840 (+3.7%)
2024
$6,594 (+4.0%)
2023
$6,341 (+2.2%)
2022
$6,204 (+1.7%)
2021
$6,099 (+9.0%)
2020
$5,595 (+3.8%)
2019
$5,389 (+3.0%)
2018
$5,231 (+4.3%)
2017
$5,013 (+9.3%)
2016
$4,587 (+2.7%)
2015
$4,467 (+1.5%)
2014
$4,400 (+2.4%)
2013
$4,298 (+10.5%)
2012
$3,888 (+3.9%)
2011
$3,741 (+5.5%)
2010
$3,545 (+2.7%)
2009
$3,451
Public record
Public record
Zoning
Permits
Beds
7
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
1971
Sq. Ft.
1,756
Year built
1971
Style
Single Family Residential
County
Multnomah County
APN
R329599
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R10
Residential 10,000 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.
Permitted uses
Include but are not limited to:
Housing
Jun 30, 2014 • Final
Electrical
Electrical
Heat pump
HVAC
Jun 30, 2014 • Final
Mechanical
Install a new ductless heat pump system.
Heat pump
HVAC
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.
Property details
Parking
Parking Information
Parking Features: Driveway, RV Access/Parking
RV Description: RV Parking, RV/Boat Storage
Parking Total: 2
Garage Information
Garage Type: Attached
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes
Virtual Tour Description: 3D Tour
Appliances
Appliances: Cooktop, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Gas Appliances, Granite, Island, Microwave, Plumbed For Ice Maker, Quartz, Solid Surface Countertop, Stainless Steel Appliance(s)
Hot Water Description: Gas
Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Garage on Main, Main Floor Bedroom w/Bath, Natural Lighting
Interior Features: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Quartz, Soaking Tub, Tile Floor, Wall to Wall Carpet