RealtyLens
for saleRealtyLens property overview
$485,000

334 SE 78th Ave

Portland, OR, 97215
View more Portland, OR property pages
2Beds
1Baths
2,071Sqft
$234$/sqft

Listing Notes

Charming 1909 Montavilla bungalow with timeless character. This home features original 1909 cupboards, charming period details, a brand new forced air heater installed in 2025, tankless water heater 2012, and an updated bathroom with fresh, modern finishes. The exterior has been freshly painted, offering crisp curb appeal and a warm welcome. Just a hop, skip, and a jump from Mt. Tabor Park and an easy stroll to Montavilla's popular eateries, cafes, bars and Montavilla Farmers Market . Zoned CM2 (Commercial Mixed Use) - buyer to perform due diligence. A great opportunity to own this charming vintage home in one of SE Portland's most loved neighborhoods. Just 2 min from I205 and steps from bus lines 15 and 20. [Home Energy Score = 7. HES Report

Market Insights

Below nearby median-34%

$234/sqft vs a nearby median of $355/sqft.

Nearby median$355/sqft
Nearby properties6
Property size2,071 sqft
  • -34% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,071 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$752k$684k$820k · 50% confidence
vs ask $485k−$267k (−55.1%)

Asking price is about 55.1% below the fair value — likely to draw competing offers if it's still on market.

$355/sqft median across 6 tight comps × 2,071 sqft= $734k
  • Pre-war character+$18k +2.5%
Cumulative NYC adjustments+$18k+2.5%

Property Read

FreshnessVerification recommended

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

Market Position-34% 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

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

Listing Details

Days on market
2 days
Last price change
No change recorded
Listed
May 11, 2026
Photos
33 photos
Property type
single family
Status
for sale

Photos

Price History

May 11, 2026Initial record
$485,000for 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.