5525 NE 45TH AVE

Portland, 97218

  • 3 Bed

  • 1 Bath

  • 1580 SqFt

  • 52 DOM

  • Built: 1948

  • Status: Pending

$475,000

Price cut: $9.9K (08-22-2025)

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5525 NE 45TH AVE

Portland 97218

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$475000

Price cut: $9.9K (08-22-2025)

  • 3 Bed

  • 1 Bath

  • 1580 SqFt

  • 52 DOM

  • Built: 1948

  • Status: Pending

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Krishna Regupathy

Principal Broker

(503) 893-8874

Classic Charm and Modern Comfort in the Heart of Cully -Tucked into one of Portland’s most vibrant and walkable neighborhoods, this lovingly maintained 1948 bungalow offers the perfect blend of timeless character and thoughtful updates. With three bedrooms, one bathroom, and 1,580 square feet of living space, there’s room to grow, relax, and make lasting memories.Step inside and you’ll immediately notice the warmth of original hardwood floors and custom woodwork, including beautifully crafted stair railings, window trim, and shelving. The spacious upstairs primary suite is filled with natural light and equipped with air conditioning, creating a peaceful retreat from the rest of the home. Downstairs, a versatile bonus room opens to the backyard patio through sliding doors—ideal for a home office, art studio, or simply a cozy spot to unwind.Behind the scenes, the home is updated where it counts. You'll enjoy a newer high-efficiency gas furnace, strategically placed mini-splits for cooling, a newer water heater, updated electrical system, and new PEX water service and lines. Additional updates like improved floor, wall, and ceiling insulation, a radon mitigation system, and newer appliances—including a refrigerator, dishwasher, washer, and dryer—mean you can move in with ease and peace of mind.Outside, the oversized 0.13-acre lot offers a level yard with plenty of space to entertain, garden, or let pets and little ones play freely. The large patio is ready for summer BBQs or quiet evenings under the stars. A detached garage with sliding barn doors provides extra storage, workshop potential, and room for hobbies.And when you’re ready to venture out, you’ll love how easy it is to walk to some of the neighborhood’s favorites like Pizza Jerk, Oakshire Beer Hall, and Nepo 42. Fernhill Park is just a short stroll away, and quick access to the airport and downtown make commuting or weekend getaways simple. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239687]

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