5123 SE 48th Ave, Portland, OR, 97206
About This Home
Cute, modern, and surprisingly spacious, this smart design and incredible neighborhood come together in this standout home in Woodstock. Inside, hardwood floors and abundant natural light create a bright, welcoming feel, while the generous primary bedroom offers the kind of space that can be hard to find in homes in this area. An impressive list of recent updates adds to the appeal, including a newer roof, carpet, and exterior paint, refinished wood floors, plus a new HVAC system, water heater, and refrigerator. Outside, the living space continues into a fully fenced backyard designed for both relaxing and gathering. A newer deck creates the perfect spot for morning coffee, summer dinners, or evenings with friends, while thoughtfully placed plants add low-maintenance color and texture. A charming water feature brings an extra sense of calm to this private outdoor retreat. The location is a standout! Woodstock Park sits one block away, with an off-leash dog area, tennis courts, ball fields, and a playground. Plus, you'll find neighborhood favorites including Grand Central Bakery, Laughing Planet, The Heist food cart pod, Double Mountain Brewing, along with everyday essentials like New Seasons, Safeway, Ace, and Bi-Mart. Turnkey condition, modern style, and a backyard oasis, all in one of Southeast Portland's most loved neighborhoods. This is a must see! [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232671]
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 2002
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Appliances,Washer/Dryer,Gas Water Heater
Basement
- Basement: Crawl Space
Bedroom2
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 121
Bedroom3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 150
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Hardwood Floors
- Level: Main
- Area: 56
Features
- High Ceilings,Vaulted Ceiling(s),Walk-In Closet(s)
- Window features: Double Pane Windows
- Flooring: Hardwood,Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,567
- Total interior livable area: 1,567 sqft
Kitchen
- Features: Hardwood Floors
- Level: Main
- Area: 72
Living Room
- Features: Hardwood Floors
- Level: Main
- Area: 195
Master Bedroom
- Features: Vaulted Ceiling, Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 450
Property
Details
- Parcel number: R503854
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Yard
- Fencing: Fenced
Lot
- Lot size: 2,613 sqft
- Features: SqFt 0K to 2999
Parking
- Total spaces: 1
- Parking features: Driveway,On Street,Garage Door Opener,Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,816 | $33,792 |
| Home Insurance * | $125 | $1,500 |
| Property Taxes | $473 | $5,676 |
| Electricity | $176 | $2,119 |
| Total | $3,590 | $43,080 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $557,000 |
| 2024-11-14 | Sold | $550,000 |
| 2024-10-09 | Pending sale | $565,000 |
| 2024-09-30 | Price change | $565,000 |
| 2024-09-19 | Listed for sale | $574,900 |
| 2001-09-24 | Sold | $159,827 |
| 2001-05-23 | Sold | $35,000 |
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