#513549692, Andrew Pienovi, Brian Pienovi, Listing office: Windermere Realty Trust
$675,000 List price
4038 NE Multnomah St Portland, OR 97232
3 beds
1 full
1,177 sqft
0.1 acres
$573 / sqft
House
Property details
About 4038 NE Multnomah St
Rare, single-level ranch in highly-desirable Laurelhurst! Whether you're downsizing, just getting started, or looking to add to your investment portfolio, this home provides all the benefits of a premier Portland neighborhood without the prohibitive entry price or exorbitant maintenance costs of the typical Laurelhurst home. So many updates to the systems and finishes have already been completed for you: newer siding, plumbing, double-paned windows (quiet inside!) electrical, flooring, tilework, and paint. Perched up and away from the street for maximum privacy, this move-in-ready home has a bright and cheerful living room with a wood-burning fireplace and newer wood floors. A cozy dining area has sliding doors to a spacious and quiet covered patio for year-round indoor/outdoor dining. The stylishly-updated kitchen has marble countertops and stainless steel appliances plus direct access to a laundry room and an attached, oversized garage. The comfortable primary suite has a dedicated half-bath and a double closet with built-ins. A second bedroom, a work-from-home office, and a tastefully-updated full bathroom complete the one-level package. The fully-fenced backyard has an expansive lawn, multiple veggie and flower beds, & a large detached studio/workshop for all of your creative endeavors. Conveniently located mere blocks to highly-rated Laurelhurst Elementary and All Saints School, gorgeous Laurelhurst Park, the bustling Hollywood District, Providence Hospital, Whole Foods, and so much more. Easy travel times via car, MAX, bike and foot to all points Portland! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199973]
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
Size1,177 sqft
Lot size0.15 Acres
Year built1973
ParkingDriveway
MLS #737297870
Attached garage1 space
FireplaceWood Burning
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Microwave
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Laundry, Washer/Dryer
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Driveway
- Exterior: Covered Patio, Fence, Garden, Outbuilding, Tool Shed, Workshop, Yard
- Architectural Style: 1 Story, Ranch
- Heating: Baseboard
- List Price: $675,000
- Price/SqFt: $573
- Annual Tax Amount: $6,511
- Tax Year: 2023
- Lot: Gentle Sloping, Level
- Directions: Cesar Chavez to Multnomah
- Year Built: 1973
- Stories: 1
- Living Area: 1,177 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 737297870
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Think Real Estate
- Office Phone: (503) 847-2722
- Listing Agent: Joe Dressman, Jake Brady
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/1/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 06, 2022 | Home Sold | $650,000 |
| Jul 06, 2016 | Home Sold | $443,779 |
| Jul 29, 1991 | Home Sold | $31,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $245,740 | $6,511 |
| 2022 | $238,590 | $6,370 |
| 2021 | $231,650 | $6,370 |
| 2020 | $224,910 | $5,504 |
| 2018 | $212,000 | $5,371 |
| 2017 | $205,830 | $5,148 |
History based on county public records data.
Nearby schools
7
Rose City Park Elementary School
Public District KG-5
1.0 mi
•2334 NE 57th Ave
9
Glencoe Elementary School
Public District KG-5
1.1 mi
•825 SE 51st Ave
10
Alameda Elementary School
Public District KG-5
1.4 mi
•2732 NE Fremont St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,167. The most common annual income of people living in Portland, OR is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
38%
35k-100k
36%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
47%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4038 NE Multnomah St
The listing price of 4038 NE Multnomah St property is $675,000.
The property 4038 NE Multnomah St is a house located in Portland, Oregon, 97232.
Active Listing: 4038 NE Multnomah St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4038 NE Multnomah St are: Rose City Park Elementary School (GreatSchools Rating 7/10), Glencoe Elementary School (GreatSchools Rating 9/10), Alameda Elementary School (GreatSchools Rating 10/10), Laurelhurst Elementary School (GreatSchools Rating 9/10), Beverly Cleary School (GreatSchools Rating 9/10), Da Vinci Middle School (GreatSchools Rating 8/10), Grant High School (GreatSchools Rating 8/10), Benson Polytechnic High School (GreatSchools Rating 9/10), Alliance High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,511 (source: MLS/based on county public records data).
The last sale was on May 6, 2022 for $650,000 (source: MLS/tax record).
The property at 4038 NE Multnomah St has 3 bedrooms and 2 bathrooms.
The property 4038 NE Multnomah St is 1,177 SqFt (source: MLS/tax record).
The year of construction for 4038 NE Multnomah St is 1973.
This home is located at 4038 NE Multnomah St in Portland, OR and zip code 97232 in the Southeast Portland neighborhood. This 1,177 square foot home, which was built in 1973, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $675,000.
In May 2025 more than 441 listings in Portland, OR were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 285 were sold below. The inventory of homes for sale in Portland, OR between April and May 2025 increased by 15.4%. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.
From Rocket Homes Real Estate and based on county public records data.