$499,900

4937 SE 115th Ave Portland, OR 97266

$5,936
Closing credit¹
4 beds
1 full
2,366 sqft
0.2 acres
$211 / sqft
House

Property details

About 4937 SE 115th Ave

This updated bungalow sits on a spacious .24-acre lot, complete with a 30’x30’ detached shop—ideal for a workshop or hobbies. The home features an open living and kitchen area. The living room includes a gas fireplace and built-in shelves, flowing seamlessly into the dining area and kitchen, which boasts a breakfast bar, gas stove, and granite countertops. The main floor offers two bedrooms and one and a half baths. Upstairs, you'll find a versatile loft space perfect for a rec space or office, along with two additional bedrooms and a half bath. The unfinished basement provides great potential for extra living space or storage. Outside, the property offers a large, private lawn, ideal for entertaining, as well as raised garden beds that thrive in the sunny, southern exposure. Additional outdoor features include a 10’x10’ garden shed with a pet enclosure.This home combines comfort, functionality, and ample outdoor space—perfect for those looking for a peaceful retreat with room to grow. *Recent Updates: Sanded and refinished hardwoods-2023, New gas heating and AC-2020, New water heater-2020 [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10062266]

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,366 sqft
BasementYes
Lot size0.24 Acres
Year built1940
ParkingDriveway
MLS #342475972
FireplaceGas Fireplace

Summary

  • MLS Number: 342475972
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Keller Williams Realty Portland Elite
  • Office Phone: (503) 254-5075
  • Listing Agent: Julie Brown

IDXThe 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: 3/14/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow featuring a wooden deck, roof with shingles, a front yard, and fence

$499,900

4937 SE 115th Ave

$5,936

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 12, 2018
Home Sold
$386,000
May 07, 2010
Home Sold
$191,975
Jul 20, 2006
Home Sold
$260,000
Dec 16, 2005
Home Sold
$127,000
Sep 13, 2005
Home Sold
$92,500
Jul 21, 1997
Home Sold
$88,500

Tax history

YearAssessmentProperty Tax
2023$207,090$4,867
2022$201,060$4,613
2021$195,210$4,613
2020$189,530$4,538
2018$178,660$3,857
2017$173,460$3,715

History based on county public records data.

Nearby schools

2

Earl Boyles Elementary School

Public District PK-5

0.7 mi

10822 SE Bush St

2

Gilbert Heights Elementary School

Public District PK-5

0.7 mi

12839 SE Holgate Blvd

3

Lent Elementary School

Public District KG-5

0.9 mi

5105 SE 97th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,112. The majority of Portland, OR residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

31%
<35k
52%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
19%
Single, with Kids
20%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4937 SE 115th Ave

This home is located at 4937 SE 115th Ave in Portland, OR and zip code 97266 in the East Portland neighborhood. This 2,366 square foot home, which was built in 1940, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $499,900.

In February 2025 more than 211 listings in Portland, OR were sold above the asking price. During the same period more than 155 listings were sold at asking price, while more than 232 were sold below. Between January and February 2025, Portland, OR real estate market has seen increase in the number of listings by 5.5%. In February 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $546,710.

From Rocket Homes Real Estate and based on county public records data.

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