RealtyLens
for saleRealtyLens property overview
$975,000

5321 SW Menefee Dr

Portland, OR, 97239
View more Portland, OR property pages
4Beds
3Baths
3,642Sqft
$268$/sqft

Listing Notes

Above the coveted/quaint Hillsdale/Multnomah area and within minutes of downtown Portland, you'll find this gorgeous home on a quiet, dead-end street with lush forest behind and Mount Hood in front. Beautifully designed landscaping with level lawn and a welcoming sideyard. This 1941 house exudes quality, charm, and character. Walk through the arched doorways, admire the coved ceilings, feel the coziness of the hardwoods, soak in the preserved quality and detail of features. Enjoy wonderful Mt. Hood views from the spacious living and dining rooms. The primary - added in a 1300sf addition in 2003 - offers a huge walk-in and spacious bathroom with a walk-in shower, double sinks, and a soaking tub surrounded by windows of forest. Re-imagined kitchen with 5-burner gas stove and beautiful cherry cabinets, plus large sitting area or nook off the kitchen. Downstairs family room with slider, plus 4th bedroom/3rd full bath, laundry, and 2 bonus rooms...one of which is cedar-lined and with its own entrance for ADU potential. 3rd full bath (downstairs) has just been updated. This one is SPECIAL. An environmental overlay protects the absolutely stunning greenery behind the house, and thus the privacy and quiet. [Home Energy Score = 1. HES Report

Market Insights

Below nearby median-35%

$268/sqft vs a nearby median of $415/sqft.

Nearby median$415/sqft
Nearby properties6
Property size3,642 sqft
  • -35% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,642 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.60M$1.50M$1.71M · 75% confidence
vs ask $975k−$630k (−64.6%)

Asking price is about 64.6% below the fair value — likely to draw competing offers if it's still on market.

$430/sqft median across 5 tight comps × 3,642 sqft= $1.57M
  • Pre-war character+$39k +2.5%
Cumulative NYC adjustments+$39k+2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-35% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
41 photos
Property type
single family
Status
for sale

Photos

Price History

May 12, 2026Initial record
$975,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.