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$935,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,080 Sq. Ft.
  • Updated 7 days ago
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Welcome to the highly sought-after Overlook neighborhood! This stunning 5 bed, 3 bath North Portland home has peek-a-boo river and downtown views right beside Overlook Park. The main house is a 3 bed, 2 bath with beautiful finishes abundant natural light and classic architectural charm. It has hardwood floors, new paint, new furnace (2024), new water heater (2024) and an awesome, fenced yard.It features a fully permitted 2 bed, 1 bath ADU with its own separate entrance, outdoor area, and in-unit laundry for ultimate private convenience. It is a wonderful income property with strong rental history, specific financials available upon request. Sold fully furnished, right down to the kitchen amenities, allowing you to seamlessly continue renting without lifting a finger. Step right outside your front door, enjoy a morning coffee on a spacious deck also leading to your bedroom with a view of the Willamette River and Downtown Portland. You will find expansive green spaces, trails, and the majestic trees of Overlook Park steps away. This beautiful income generating oasis in North Portland's vibrant Overlook neighborhood is a classic Portland property and an absolute dream for both homeowners and savvy investors. Whether you are looking for a beautiful primary residence with a built-in mortgage helper or a premier investment opportunity in one of Portland's most desirable neighborhoods, this rare property checks every box.

Full Property Details for 3762 N Melrose Dr

General

  • Price: $935,000
  • Taxes: $9,184 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 550072091
  • Updated: 5/26/2026
  • Added to Site: 13 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Hardwood Floors, Laundry, Tile Floor, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Granite, Pantry, Range Hood, Stainless Steel Appliance(s), Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 1
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: 15 x 11, Main, 165 Sq. Ft.
  • Bedroom 2: 12 x 10, Main, 120 Sq. Ft.
  • Bedroom 3: 12 x 11, Main, 132 Sq. Ft.
  • Bedroom 4: 16 x 11, Upper, 176 Sq. Ft.
  • Bedroom 5: 14 x 11, Upper, 154 Sq. Ft.

Other Rooms

  • Living Room: 17 x 13, Main, 221 Sq. Ft.
  • Family Room: 15 x 11, Main, 165 Sq. Ft.
  • Kitchen: 15 x 12, Main, 180 Sq. Ft.
  • 2nd Kitchen: 17 x 15, Upper
  • Dining Room: 13 x 10, Main, 130 Sq. Ft.

Exterior

  • Exterior Features: Accessory Dwelling Unit, Deck, Fenced, Guest Quarters, Patio, Second Residence, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Carport, Driveway

Location

  • County: Multnomah
  • Driving Directions: Interstate Ave, West on Overlook, pass the Park, right on Melrose Dr

School Information

  • Elementary School: Beach
  • Middle School: Ockley Green
  • High School: Jefferson

Community

  • Community Name: 141 - Portland North

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Ductless, Forced Air - 95+%, Heat Pump
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 2 Story, Bungalow
  • Basement Desc.: Full Basement, Unfinished
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames, Wood Frames
  • Stories/Levels: 2
  • Square Feet: 3,080
  • Year Built: 1932
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level, Light Rail, Private

Water Features

  • Water Front: Yes
  • Water Front Name: Willamette
  • Water Front Desc.: River Front

Financial Considerations

  • Tax Amount: $9,184.96
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: OVERLOOK, BLOCK E, LOT 9 EXC NELY 80'
  • Disclosures/Reports: Disclosure
  • Property ID: R231842

Listed by Cascade Hasson Sotheby's International Realty (503) 420-8650, Nathalie McColl (503) 449-5334

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Listing agent

— 3762 N Melrose Dr —

  • Nathalie McColl

    Cascade Hasson Sotheby's International Realty

    503-420-8650

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3762 N Melrose Dr

School District:Portland School District 1j
NameGradesDistance
Beach Elementary School, Portland, OR
1710 North Humboldt Street, Portland, OR 97217
K-50.6 mi
Ockley Green
6031 North Montana Avenue, Portland, OR 97217
6-81.2 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-121 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3762 N Melrose Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$935,000
-1.58%
MLS
7/09/2021
Sold
$950,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3762 N Melrose Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,185
4%
$340,880
3%
2024
$8,855
4%
$330,960
3%
2023
$8,515
4%
$321,330
6%
2021
$8,190
-2%
$302,900
-3%
2022
$8,331
2%
$311,980
6%
2021
$8,190
13%
$294,080
3%
2019
$7,237
3%
$285,520
3%
2018
$7,024
4%
$277,210
3%
2017
$6,732
9%
$269,140
3%
2016
$6,161
3%
$261,310
3%
2015
$5,999
2%
$253,700
3%
2014
$5,909
9%
$246,320
9%
2013
$5,433
—
$225,110
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Cascade Hasson Sotheby's International Realty (503) 420-8650, Nathalie McColl (503) 449-5334

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3762 N Melrose Dr, Portland, OR 97227 (MLS# 550072091) is a Single Family property with 5 bedrooms and 3 full bathrooms. 3762 N Melrose Dr is currently listed for $935,000 and was received on May 21, 2026. Want to learn more about 3762 N Melrose Dr? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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