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$629,000

5040 SW Iowa St Portland, OR 97221

3 beds
2 full
1,700 sqft
0.2 acres
$370 / sqft
House

Property details

About 5040 SW Iowa St

Rad Ranchalow in the heart of the beloved Hayhurst Community! This house just exudes vibes of peace and tranquility. Across from Hayhurst Elementary and just down the street from Pendleton Park. A quick jaunt to Multnomah Village and even shorter distance to Gabriel Park, Laughing Planet & Sunny’s FroYo! Functional floorplan makes the most of the square footage; this place lives large!! Office doubles as a 4th bedroom. Oak floors throughout most of the home. Modern kitchen with granite countertops. Primary suite features walk-in closet + private slider to large back patio. Backyard shed/office (9’ x 10’) with power. Gas fireplace & AC. Private, fenced and terraced backyard with well-established, enchanting landscaping to light up every season! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239167]

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,700 sqft
Lot size0.22 Acres
Year built1950
ParkingDriveway
MLS #679345398
FireplaceGas Fireplace

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Hardwood, Laminate
  • Interior: Engineered Hardwood, Washer/Dryer
  • Fireplace: Gas Fireplace
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Driveway
  • Exterior: Fence, Patio, Porch, Tool Shed, Yard
  • Architectural Style: 1 Story, Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $629,000
  • Price/SqFt: $370
  • Annual Tax Amount: $6,504
  • Tax Year: 2023
  • Lot: Private, Terraced
  • Directions: From SW Vermont--> north on SW 50th--> west on SW Iowa to the address
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,700 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 679345398
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Real Broker
  • Office Email: drew@intervalre.com
  • Listing Agent: Drew Burchette

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: 7/18/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 18, 2014
Home Sold
$359,000
Nov 28, 2000
Home Sold
$174,000
Jan 28, 1994
Home Sold
$12,000

Tax history

YearAssessmentProperty Tax
2023$245,680$6,504
2022$238,530$6,363
2021$231,590$6,363
2020$224,850$6,255
2018$211,960$5,365
2017$205,790$5,142

History based on county public records data.

Nearby schools

9

Hayhurst Elementary School

Public District KG-5

0.1 mi

5037 SW Iowa St

9

Maplewood Elementary School

Public District KG-5

0.6 mi

7452 SW 52nd Ave

10

Bridlemile Elementary School

Public District KG-5

0.9 mi

4300 SW 47th Dr

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 $91,786. Most Portland, OR residents have annual incomes between $100k-200k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
34%
35k-100k
37%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • IKEAIKEA
  • NordstromNordstrom

Where do the neighbors go to eat?

  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks

What do the neighbors drive?

  • MazdaMazda
  • JeepJeep
  • BMWBMW

What do the neighbors listen to?

  • RockRock
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5040 SW Iowa St

The listing price of 5040 SW Iowa St property is $629,000.

The property 5040 SW Iowa St is a house located in Portland, Oregon, 97221.

Active Listing: 5040 SW Iowa St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5040 SW Iowa St are: Hayhurst Elementary School (GreatSchools Rating 9/10), Maplewood Elementary School (GreatSchools Rating 9/10), Bridlemile Elementary School (GreatSchools Rating 10/10), Robert Gray Middle School (GreatSchools Rating 6/10), Raleigh Hills K-8 School (GreatSchools Rating 6/10), Jackson Middle School (GreatSchools Rating 5/10), Ida B. Wells High School (GreatSchools Rating 8/10), Riverdale High School (GreatSchools Rating 8/10), Arts and Communication Magnet Academy (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $6,504 (source: MLS/based on county public records data).

The last sale was on December 18, 2014 for $359,000 (source: MLS/tax record).

The property at 5040 SW Iowa St has 3 bedrooms and 2 bathrooms.

The property 5040 SW Iowa St is 1,700 SqFt (source: MLS/tax record).

The year of construction for 5040 SW Iowa St is 1950.

This home is located at 5040 SW Iowa St in Portland, OR and zip code 97221 in the Vermont Hills neighborhood. This 1,700 square foot home, which was built in 1950, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $629,000.

In June 2025, from all listings sold in Portland, OR there were more than 355 sold above asking price, over 352 sold below and more than 190 were sold right at the asked price. The inventory of homes for sale in Portland, OR between May and June 2025 increased by 4.6%. In June 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $551,126.

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

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