$440,000
4 Bed · 2 Bath · 1,938 Sq Ft
Updated systems, finished basement, garden-ready 0.23-acre lot.
4
Beds
2
Baths
1,938
Sq Ft
1952
Built
0.23 acres (10,018 SF)
Lot
No attached garage — driveway and RV parking
Garage
This thoughtfully updated 4-bedroom, 2-bath ranch delivers practical Portland living with surprising outdoor space. Set on a bright corner lot of roughly 10,018 square feet, the home blends midcentury layout with modern mechanicals: the seller reports a newer roof (within ~7 years), replaced furnace and A/C, updated plumbing and an upgraded electrical panel and meter, plus a rebuilt chimney and new gutters. The main level flows easily between living areas, while the fully refinished basement — with new plumbing and electrical in place — expands your options for a home office, media room, guest suite or potential rental (verify permits).
The kitchen has been refreshed and the baths updated; new flooring and paint create a welcoming, move-in-ready environment. Outside, the property’s large yard is a standout: raised garden beds, established fruit trees, rain barrels and even a chicken coop make this an immediate fit for anyone wanting an urban homestead. A new backyard fence defines usable outdoor rooms, while driveway and sideyard space provides designated RV parking — a practical rarity close to the city.
Practicalities are covered: there's plentiful parking for guests, systems have been modernized to reduce near-term maintenance, and the sizable lot offers long-term flexibility — add an ADU (subject to permits) or build an outbuilding to suit your needs. Located in SE Portland's 97236 area, you’re a short drive from neighborhood grocers, parks and the broader SE commercial corridors for dining and services.
If you want a comfortable, updated home with room for gardens, kids or pets, and the flexibility of a finished lower level, this property is an unusually complete package for the price bracket. Schedule a showing to walk the yard and tour the basement — the combination of space and upgrades is best experienced in person.
Powellhurst-Gilbert (and adjacent SE neighborhoods) is a large, diverse residential area characterized by midcentury homes, practical yards and a mix of longtime owner-occupiers and newer buyers seeking more space than is typical closer to central Portland. The neighborhood offers community parks, local eateries and convenient driving access to arterial corridors. It appeals to buyers who want reasonably priced single-family homes with yard space for gardening, play and storage — including RVs and toys.
SE Portland’s close-in neighborhoods have become attractive to buyers seeking livable yards and finished basements that extend usable living space. As of early 2026 inventory across Portland remains relatively tight, particularly for homes priced in the $300–$600k band that offer turnkey condition and larger lots. Median sales prices in comparable SE corridors have risen modestly over the last 12 months (mid-single digits) with a longer-term gain over the past five years. Homes with updated systems and usable yards — especially those that provide practical features like RV parking and garden infrastructure — tend to spend fewer days on market and often receive multiple offers when priced aggressively against recent comps. This property’s list price of $440,000 positions it competitively given the large lot and finished basement, though final sale price will depend on permit documentation, condition verification and competing inventory at time of sale.
Powellhurst Elementary School
Elementary · 1.1 mi
Nearby Middle School (district assignment varies)
Middle · 1.5 mi
David Douglas High School (or assigned high school depending on boundary)
High · 1.8 mi
Large lot and proximity to nearby parks/trails (Powell Butte and neighborhood green spaces) provide strong outdoor recreation opportunities for gardening, walking and biking.
Buyers seeking a turnkey family home with a large, usable yard and flexible finished basement will find this property compelling. The combination of updated systems and a rare large lot in SE Portland supports a buy-and-hold owner-occupier or a value-add investor targeting rental income or potential future subdivision/ADU opportunities (subject to zoning/permits).
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$420K
Midpoint
$445K
High
$470K
$227/SF estimated price per square foot
Estimate anchored to the provided list price ($440,000) and interior / lot characteristics (1,938 SF, 10,018 SF lot, updates). Range reflects typical +/- negotiation bandwidth and local comps for updated ranches on larger lots in SE Portland as of early 2026. No live comps search performed.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
SE Portland neighborhoods around 97236 have seen steady, moderate appreciation and renewed buyer interest from owners seeking larger lots and rental-income potential. Data are approximate and based on regional trends through 2024–2026.
Property sits in an established SE Portland neighborhood with larger-than-average lot for the immediate area, a short drive to community parks, neighborhood grocers and the broader Powellhurst-Gilbert / Lents commercial corridors.
Market data is based on aggregated public records and may not reflect real-time conditions.
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