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Off market
  • $389,400

    5118 SW 1st Ave, Portland, OR 97239

    2beds
    1,208sqft
    Townhouse
    Built in ----
    -- sqft lot
    $389,400 Zestimate®
    $322/sqft
    $2,166 Estimated rent

    Home value

    $389,400

    $358,000 - $417,000

    $2,166/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,332/mo

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    $2,332/mo

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    What's special

    **RENT CONCESSION OF $500 OFF WILL BE APPLIED TO THE SECOND MONTH OF RENT** Experience bright, spacious living in this beautifully updated home, complete with expansive outdoor space and stunning mountain skyline scenery. This home offers an open and inviting living room filled with natural light, creating a warm and comfortable atmosphere. The refreshed kitchen features all appliances, generous counter space, and a functional layout suited for everyday use. The bedrooms provide great closet storage. The bathroom is clean and modern with well-maintained finishes. A standout feature of this property is the large deck and multiple outdoor areas, perfect for unwinding, outdoor dining, or simply taking in the scenic surroundings. Located in the Southwest Portland neighborhood with quick access to shops, parks, and major commuter routes, this home blends comfort, functionality, and beautiful outdoor appeal. School District: Portland SD 1J (Deemed reliable, but not guaranteed) Screening: All applicants age 18+ are required to be screened & pay a $55 screening fee (each) Lease Term: 12 months Security Deposit: $2,195 OAC Pet Policy: Allowed, 2 maximum - Cats allowed, dogs allowed, up to 25lbs Pet Pricing (per pet): Pet Rent - $50/month Smoking: This is a non-smoking property Landscaping: Owner provided. Washer/Dryer: Hookups provided Utilities: All utilities are the responsibility of the resident. Garbage billback at $33/mo Accessibility: This is not an accessible dwelling unit All Touchstone Property Management residents are invited to enroll in the Resident Benefits Package (RBP) for $44.95/month which includes liability insurance, HVAC air filter delivery (for applicable properties $37.95/month without filters), credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, our best-in-class resident rewards program, and much more! More details upon application. Open Application Period for this property begins on 11/28/25 at 4:00 PM PST. This is 72 hours after the notice this units availability was posted. We will commence processing complete applications after the time indicated above. Kindly abstain from submitting applications before the designated Open Application Period. Should an application be received prior to this period, the City of Portland mandates that Landlords refrain from considering it received until the commencement of the official open application period. Additionally, an 8-hour penalty is required to be applied. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 9 hours ago

    Listing updated: December 18, 2025 at 05:34am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Appliances
    • Included: WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 1,208 sqft

    Property

    Parking
    • Parking features: On Street
    • Details: Contact manager
    Features
    • Patio & porch: Deck
    Details
    • Parcel number: R237073

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other fees
    • Deposit fee: $2,195

    Other

    Other facts
    • Available date: 12/07/2025

    Price history

    DateEventPrice
    12/16/2025Listing removed$2,195$2/sqft
    Source: Zillow Rentals
    11/26/2025Listed for rent$2,195+25.4%$2/sqft
    Source: Zillow Rentals
    1/5/2021Listing removed--
    Source: Owner
    4/4/2018Listing removed$1,750$1/sqft
    Source: Owner
    2/1/2018Price change$1,750-5.4%$1/sqft
    Source: Owner

    Public tax history

    YearProperty taxesTax assessment
    2025$6,488 +0.9%$261,230 +3%
    2024$6,433 -1.3%$253,630 +3%
    2023$6,519 +2.2%$246,250 +3%

    Find assessor info on the county website

    Neighborhood: Corbett-Terwilliger-Lair Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $389,400

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $389,400