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Vicki Arnold
OR License #200001166
REALTOR®, Broker, E-Pro, GRI
(503) 313-5366
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5241 SE 45th Ave, Portland, OR 97206

$765,000.00
  • 5241 SE 45th Ave, Portland, OR 97206 Main Photo
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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET2,516 MLS#296889401
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Flexible 5-BR Historic Bungalow Near Reed College - Modernized & Move-In Ready.At the seamless convergence of historic Eastmoreland, Woodstock, and quiet Lexington Heights, this beautiful 2,516-sq-ft bungalow blends timeless character with high-value upgrades. Two mature dogwood trees frame the front porch, creating unforgettable curb appeal in this highly desirable Reed College pocket.Inside, find a bright living and dining room with original hardwood floors. The updated kitchen features sleek solid-surface countertops, stainless steel appliances, and a brand-new refrigerator. The layout offers maximum flexibility with a primary bedroom choice on either the main floor or the upper level, which hosts two oversized bedrooms with flexible uses. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home movie theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized. Experience year-round comfort with a brand-new furnace and central A/C-added for the first time ever! Enjoy top-tier air quality with a newer, professionally installed radon mitigation system. The wood-burning fireplace features a beautifully rebuilt chimney. Major improvements also include a brand-new sewer line.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a quick 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant Woodstock food carts and restaurants. Commuters will love the close proximity to Powell Butte, fast access to I-205, and a 20-minute drive to Portland International Airport. Welcome home!

Property Features

Property Type: Residential - Single Family
Basement: Finished
Basement: Yes
Cooling: Central Air
Days on Market: 1
Fenced: Yes
Fireplaces: 1
Fuel Type: Electricity, Gas
Garage: 1
Heating: ENERGY STAR Qualified Equipment, Forced Air95Plus
Home Style: 2 Story, FourSquare
Lot Size: 0.12 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $6,814
Year Built: 1927

Feature Descriptions

Bathroom: 1.0 (Lower), 1.0 (Main)
Exterior: Fenced, Yard
Exterior: Wood Siding
Fireplace: Wood Burning
Green Certification: Yes
Hot Water: Gas
Interior: Central Vacuum, Garage Door Opener, Hardwood Floors, High Ceilings, High Speed Internet, Laundry, Quartz, Soaking Tub, Wall to Wall Carpet, Washer-Dryer, Wood Floors
Kitchen: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
Lot: Level
Lot Dimensions: 0
Parking Notes: Detached, Driveway, OnStreet
Sewer: Public Sewer
Square Footage: 1008 (Lower), 1008 (Main), 500 (Upper)
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Woodstock

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices NW Real Estate
Agency Phone: 503-652-1235

Shown By

Agent Name: Vicki Arnold OR License #200001166
Agent Phone: (503) 313-5366

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Estimated Payment

$ 4,001.91 per month $3,210.95 Principal & Interest $567.83 Property Tax $223.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 10:54:42 AM EST) or RMLS (last updated Wed 06/03/2026 10:35:43 AM EST). Real estate listings held by brokerage firms other than 20/20 Properties, INC. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Agent License Information: Broker licensed In Oregon 200001166

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