$599000

Price cut: $30.9K (07-25-2025)

7 Bed
3 Bath
2309 SqFt
61 DOM
Built: 1941
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Opportunity knocks in University Park! Perfectly positioned on a corner lot directly across from the University of Portland and Merlo Field, this spacious and versatile 7-bedroom, 3-bathroom home offers endless potential. Whether you're looking for a solid long-term investment, multigenerational living or simply more room to live and grow. The main floor blends timeless character with comfort, featuring newly refinished hardwood floors and a welcoming living room centered around a classic fireplace. The kitchen offers a built-in microwave, free-standing range and a breakfast nook, plus a separate dining area for larger gatherings. Two bedrooms and a full bath with a tub/shower combo complete the main level. Upstairs, you'll find two additional bedrooms and a second full bath with a walk-in shower. The finished basement adds even more flexibility, with three more bedrooms, a third full bath and a laundry area with newer washer and dryer. The layout is ideal for providing both space and privacy for a variety of living situations. Outside, enjoy a partially fenced backyard ready for summer hangouts, a detached garage and paved adjacent parking. Updates include a newer roof and windows (approx. 2017) and water heater with a tank booster. Situated between St. Johns, Portsmouth and Kenton with easy access to New Seasons, Willamette River, local restaurants, parks, Astor K-8 and Roosevelt High. This is North Portland potential at its best! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239316]

Listing Provided Courtesy of Jaret Prokay, Keller Williams Sunset Corridor

General Information

MLS #525297073
TypeSingleFamilyResidence
Days on Market 61 DOM
Beds7
Lot Size 5227.2 SqFt
Baths3
SqFt2309
Year built1941
ZoningR5
CountyMultnomah
Tax IDR292063
ElemAstor 3/10
MiddleAstor 3/10
HighRoosevelt 2/10
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)UNIVERSITY PK, BLOCK 66, NWLY 1/2 OF LOT 27, LOT 28

Listing Provided Courtesy of Jaret Prokay, Keller Williams Sunset Corridor

Krishna Realty data last checked: Sep 03, 2025 08:58 | Listing last modified Aug 20, 2025 11:19, Source:

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Residence Information

Upper SqFt340
Main SqFt1069
Lower SqFt900
Total SqFt2309
SFSrcTAX
TotUp/Mn1409
Fireplaces1/Gas
Bdrms7
Full Bath3
Partial Bath0
Total Bath3
RoofComposition
Garage2, Detached
StyleCapecod
ParkingDriveway,OffStreet
Levels3
Year Built1941
Green CertYes
Energy Eff
ExteriorWoodSiding
Bsmt/FndFinished,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit
RV
URM
BasementFinished,FullBasemen
Foundation
WindowsDoublePaneWindows,Vi
Amenities

Features and Utilities

LivingCeilingFan, Fireplace, HardwoodFloors
KitchenDishwasher, Disposal, FreeStandingRange, Microwave
InteriorCeilingFan, HardwoodFloors, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WalltoWallCarpet, Wash
ExteriorFenced, Patio, Porch, Yard
AccessibilityMainFloorBedroomBath
Cool
WaterElectricity
HeatBaseboard
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr5413.69
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,VALoan
List Date06-20-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 61
CDOM 75
Sold Date
TermsCash,Conventional,FHA,VALoan
Original Price$629,998
List Price$599,000
Sold Price
Last ModifiedAug 20, 2025 11:19

Schools

public Elementary : Astor 3/10 Ratings

public Middle : Astor 3/10 Ratings

public High : Roosevelt 2/10 Ratings

Map

Listing courtesy of Keller Williams Sunset Corridor.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Sep 03, 2025 08:58 | Listing last modified Aug 20, 2025 11:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

4949 N WILLAMETTE BLVD