Courtesy of RE/MAX Equity Group
5721 SW 48th Ave, Portland
$925,000
- Price per sqft
- $249.39
- Built in
- 1915
- Property size
- 3,709 sqft
- Lot size
- 19,166 sqft
- Property type
- Residential
- Days on market
- 10
Overview
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]
Details
Interior
- Interior features
- Accessory Dwelling Unit, Ceiling Fan, Concrete Floor, Garage Door Opener, Hardwood Floors, Laundry, Separate Living Quarters / Apartment / Aux Living Unit, Skylight, Washer / Dryer
- Appliances
- Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Microwave, Stainless Steel Appliance
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Gas
- Cooling
- Yes
- Cooling description
- Window Unit
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Storm Window, Wood Frames
Exterior and lot
- Lot size
- 19,166 sqft
- Exterior features
- Accessory Dwelling Unit, Fenced, Porch, Workshop, Yard
- Lot features
- Gentle Sloping
- Architectural style
- Craftsman
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway, On Street
- Total parking
- 2
Schools
- High school
- Ida B Wells
- Middle school
- Robert Gray
- Elementary school
- Hayhurst
Location
- City
- Portland
- County
- Multnomah
Taxes and dues
- Annual taxes
- $14,528 (2025)
Location
5721 SW 48th Ave, Portland, OR 97221

Monthly payment estimate
$6,134 /mo
- Principal and interest
- $4,923
- Property tax (2025)
- $1,211
- Total
- $6,134
Estimate only, and not an offer of credit. Assumes 20% down ($185,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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