#237100147, Emma Frazier, Listing office: Portland's Alternative Inc., Realtors
$484,900 List price
5525 NE 45th Ave Portland, OR 97218
3 beds
1 full
1,580 sqft
0.1 acres
$307 / sqft
House
Property details
About 5525 NE 45th Ave
Charming Cully Bungalow with Tasteful Updates & Walkable Location This delightfully maintained 1948 bungalow nestled in Portland’s vibrant Cully neighborhood blends classic charm with modern updates, offering 3 bedrooms, 1 bath, and 1,580 sq ft of warm, inviting living space. Features You Will Love: Spacious upstairs primary suite with A/C and abundant natural light—your perfect retreat - Bonus room with mini-split and sliding doors to the backyard patio, ideal for a home office, studio, or cozy lounge - Original wood floors add timeless character throughout combined with updated systems for convenience and peace of mind.Highlights: Oversized lot (0.13 Acres) - New PEX water service and waterlines - Updated electrical system combined with charming period fixtures - Updated floor, wall and ceiling insulation - Radon mitigation system - Newer water heater - High-efficiency gas furnace - Carefully placed mini-splits for A/C during hot summer days - New refrigerator and dishwasher - Washer & Dryer Included - Beautiful custom hardwood stair casework, window trim and shelving. Outdoor Perks:- Expansive, level yard—perfect for entertaining, gardening, or play - Large patio for year-round enjoyment - Oversized detached garage with sliding barn doors, built-in storage shelving, and space for hobbies or a workshop - Ample yard space for kids and/or furry friends to play safely - Nearby Fernhill Park & easy access to PDX Airport. Unbeatable Location: Walk to local favorites like Pizza Jerk, Old Salt Marketplace, and Nepo 42, with the lively 42nd Ave corridor just steps away. All the charm of a quiet neighborhood with city conveniences nearby. This home combines classic bungalow style with essential updates—ideal for first-time buyers or anyone looking for a cozy, move-in-ready space in a walkable Portland location. Make sure to include this one on your next home tour! [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239687]
Highlights
Home typeSingle Family Residence
HeatingForced Air, Zoned
StatusActive
CoolingZoned
Size1,580 sqft
Lot size0.13 Acres
Year built1948
ParkingDriveway, Street Parking
MLS #454512833
Attached garage2 spaces
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Range, Refrigerator
- Basement: No
- Flooring Type: Cork, Hardwood
- Interior: High Speed Internet, Laundry, Skylight, Vaulted Ceiling(s), Washer/Dryer
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway, Street Parking
- Exterior: Fence, Fire Pit, Outbuilding, Patio, Storm Door(s), Workshop, Yard
- Architectural Style: Bungalow
- Heating: Forced Air, Zoned
- Cooling: Zoned
- List Price: $484,900
- Price/SqFt: $306
- Annual Tax Amount: $4,170
- Tax Year: 2023
- Lot: Level
- Directions: NE Killingsworth to North on 45th
- Year Built: 1948
- Stories: 2
- Living Area: 1,580 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 454512833
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Nurture Realty, LLC
- Office Phone: (503) 389-0016
- Listing Agent: Eric Cavanaugh
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: 7/17/2025, 3:45:30 AM 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 |
|---|---|---|
| Jan 29, 2016 | Home Sold | $320,000 |
| Jan 26, 2015 | Home Sold | $246,500 |
| Dec 26, 2002 | Home Sold | $129,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $157,370 | $4,170 |
| 2022 | $152,790 | $4,079 |
| 2021 | $148,340 | $4,079 |
| 2020 | $144,020 | $4,010 |
| 2018 | $135,760 | $3,439 |
| 2017 | $131,810 | $3,296 |
History based on county public records data.
Nearby schools
5
Rigler School
Public District KG-5
0.7 mi
•5401 NE Prescott St
6
Scott Elementary School
Public District KG-5
1.2 mi
•6700 NE Prescott St
10
Alameda Elementary School
Public District KG-5
1.5 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 $39,295. Most Portland, OR residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
46%
<35k
32%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5525 NE 45th Ave
The listing price of 5525 NE 45th Ave property is $484,900.
The property 5525 NE 45th Ave is a house located in Portland, Oregon, 97218.
Active Listing: 5525 NE 45th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5525 NE 45th Ave are: Rigler School (GreatSchools Rating 5/10), Scott Elementary School (GreatSchools Rating 6/10), Alameda Elementary School (GreatSchools Rating 10/10), Faubion School (GreatSchools Rating 5/10), Beaumont Middle School (GreatSchools Rating 7/10), Vernon Elementary School (GreatSchools Rating 8/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10), Jefferson High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $4,170 (source: MLS/based on county public records data).
The last sale was on January 29, 2016 for $320,000 (source: MLS/tax record).
The property at 5525 NE 45th Ave has 3 bedrooms and 1 bathroom.
The property 5525 NE 45th Ave is 1,580 SqFt (source: MLS/tax record).
The year of construction for 5525 NE 45th Ave is 1948.
This home is located at 5525 NE 45th Ave in Portland, OR and zip code 97218 in the Cully neighborhood. This 1,580 square foot home, which was built in 1948, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $484,900.
While more than 355 listings in Portland, OR in June 2025 were sold above asking price, there were more than 190 listings sold at asking price, and more than 352 were sold below. In June 2025 in Portland, OR there were 4.6% more homes for sale than in May. In June 2025 median list price was $551,126 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.