Investor special or dream home project! This spacious 4-bedroom, 3-bathroom home sits on an oversized lot in a desirable Portland neighborhood, offering endless potential for renovation, expansion, or redevelopment. With 2,100 square feet, the home boasts a flexible floor plan, generous bedrooms, and multiple living areas – perfect for multi-generational living, rental income, or creative reconfiguration. The large lot provides ample room for a garden, ADU, or future additions (buyer to verify). Whether you're an investor, flipper, or homeowner ready to build equity, this property offers a rare combination of size, location, and upside. Homes with this much potential don’t come around often – don’t miss your chance!
Active
Price cut: $20K (12/4)
$430,000
5947 SW Alfred St, Portland, OR 97219
4beds
2,100sqft
Est.:
Residential, Single Family Residence
Built in 1980
0.32 Acres Lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Flexible floor planGenerous bedroomsOversized lot
- 67 days |
- 5,898 |
- 394 |
Zillow last checked: 8 hours ago
Listing updated: 19 hours ago
Listed by:
Jeff Edmondson jeff@247prop.com,
24/7 Properties
Source: RMLS (OR),MLS#: 432081422
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Stainless Steel Appliance(s), Electric Water Heater
Features
- Granite, Pantry
- Windows: Aluminum Frames
- Basement: Crawl Space,Daylight
- Number of fireplaces: 2
- Fireplace features: Gas, Insert, Wood Burning
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Attached
- Attached garage spaces: 2
Features
- Levels: Tri Level
- Stories: 3
- Patio & porch: Porch
- Exterior features: Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.32 Acres
- Features: Sloped, SqFt 10000 to 14999
Details
- Parcel number: R268341
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1980
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $672,050
- Annual tax amount: $9,097
- Date on market: 10/7/2025
- Listing terms: Cash,Conventional,Rehab
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $430,000-4.4%$205/sqft |
Source:  RMLS (OR) #432081422 Report a problem | ||
| 12/3/2025 | Listed for sale | $449,950$214/sqft |
Source: RMLS (OR) #432081422 Report a problem | ||
| 11/19/2025 | Pending sale | $449,950$214/sqft |
Source: RMLS (OR) #432081422 Report a problem | ||
| 11/6/2025 | Price change | $449,950-4.3%$214/sqft |
Source: RMLS (OR) #432081422 Report a problem | ||
| 10/29/2025 | Price change | $470,000-1.1%$224/sqft |
Source: RMLS (OR) #432081422 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,437 +3.7% | $350,540 +3% |
| 2024 | $9,097 +4% | $340,340 +3% |
| 2023 | $8,748 -4.9% | $330,430 -4.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,570/mo
Principal & interest
$2079
Property taxes
$340
Home insurance
$151
Climate risks
Neighborhood: Ashcreek
Nearby schools
GreatSchools rating
- 8/10Markham Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Markham
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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