RealtyLens
for saleRealtyLens property overview
$500,000

3047 SE 140th Ave

Portland, OR, 97236
View more Portland, OR property pages
3Beds
2Baths
1,425Sqft
$351$/sqft

Listing Notes

A rare opportunity to own a versatile and private property with features that are increasingly hard to find at this price point. This one-level home is tucked away on a spacious 0.43 acre flag lot, offering space, functionality, and a peaceful, park-like setting. The property features a large detached RV-capable garage/shop with its own driveway, along with a separate attached 2-car garage-providing abundant space for vehicles, storage, hobbies, or projects. The backyard is a true standout, with mature trees, lush landscaping, a greenhouse, raised garden bed, and a fire pit that creates a quiet retreat ideal for relaxing or entertaining. A large deck with lighting extends the outdoor living space, making it perfect for gatherings or peaceful evenings outdoors. Inside, the home offers a comfortable and efficient layout with 3 bedrooms and 2 bathrooms. The kitchen features granite countertops along with thoughtful storage and workspace. The living room includes built-in shelving and leaded glass pocket doors, making it ideal for a library, office, or creative space. One bedroom features a Murphy bed that converts to a desk, adding flexible functionality for guests or work-from-home needs. Thoughtful details include a built-in ironing station with hidden wine storage. With generous storage, flexible living spaces, and a one-of-a-kind shop setup, this property delivers a rare combination of utility, privacy, and lifestyle-all with convenient access to shopping, dining, and major routes. Home Energy Score = 3.

Market Insights

Above nearby median+20%

$351/sqft vs a nearby median of $292/sqft.

Nearby median$292/sqft
Nearby properties8
Property size1,425 sqft
  • +20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,425 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$398k$355k$441k · 33% confidence
vs ask $500k+$102k (+20.4%)

Asking price is about 20.4% above where comps + adjustments land — there is room to negotiate.

$284/sqft median across 4 tight comps × 1,425 sqft= $404k
  • Mid-century building era−$6k −1.5%
Cumulative NYC adjustments−$6k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+20% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

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

Diligence Read1 item 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
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
47 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$500,000for 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.