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$540,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,964 Sq. Ft.
  • Updated 13 days ago
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On the market for the very first time, this well cared for tri-level tucked away in peaceful Strathmore / Argay Terrace neighborhood is move-in ready with plenty of original character, while offering opportunity to make your own improvements. Inside, the inviting main level offers a formal living room with gas fireplace & custom built-ins, a functional kitchen w/ eat bar & dining area with sliding doors opening to an outstanding backyard. The upper level includes a primary bedroom with bath, 2 additional bedrooms and a 2nd bathroom. The daylight basement expands the home's versatility with a large family room w/ wet bar, a 4th bedroom, full bath and a laundry area with direct access to the backyard. Outside, the backyard is designed for relaxation and gatherings, with an oversized covered concrete patio ideal for gatherings, celebrations and relaxation. A large garden shed with electrical offers workshop, craft or other potential. Gas furnace, central air and roof have all been replaced within the past 5-6 years, giving your buyers assurance in the years to come. An attached 2 car garage, RV parking and additional covered carport parking provides plenty of options to park your cars and recreational vehicles. Close to schools, nearby parks and COSTCO with easy access to the airport & freeways!

Full Property Details for 3948 NE 135th Ave

General

  • Price: $540,000
  • Taxes: $6,829 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 432426700
  • Updated: 9/19/2026
  • Added to Site: 20 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Garage Door Opener, Skylight(s), Vinyl Floor, Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Upper
  • Bedroom 2: Upper
  • Bedroom 3: Upper
  • Bedroom 4: Lower

Other Rooms

  • Living Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Dining Room: Main
  • Laundry: Lower

Exterior

  • Exterior Features: Covered Patio, Fenced, Raised Beds, Tool Shed, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Carport, Driveway

Location

  • County: Multnomah
  • Subdivision: ARGAY TERRACE
  • Driving Directions: North on 122nd Ave; East on Shaver, right on 136th to the house on 135th.

School Information

  • Elementary School: Shaver
  • Middle School: Parkrose
  • High School: Parkrose

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Tri Level
  • Basement Desc.: Daylight, Finished
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 1,964
  • Year Built: 1972
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $6,829.6
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, State GI Loan, VA Loan

Disclosures and Reports

  • Legal Description: STRATHMORE, BLOCK 2, LOT 16
  • Disclosures/Reports: Disclosure
  • Property ID: R277099

Listed by Alameda Realty LLC (503) 307-1502, Heidi Settlemier (503) 307-1502

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Listing agent

— 3948 NE 135th Ave —

  • Heidi Settlemier

    Alameda Realty LLC

    503-307-1502

AlamedaRealtyPdx@gmail.com

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 3948 NE 135th Ave

School District:Parkrose School District 3
NameGradesDistance
Shaver Elementary School
3701 Northeast 131st Place, Portland, OR 97230
PK-50.3 mi
Parkrose Middle School
11800 Northeast Shaver Street, Portland, OR 97220
6-80.8 mi
Parkrose High School
12003 Northeast Shaver Street, Portland, OR 97220
9-120.8 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 3948 NE 135th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$540,000
400%
MLS
6/01/1993
Sold
$108,000
—
Public Record
Get Price Alerts and Save Property
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 3948 NE 135th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,830
4%
$298,450
3%
2024
$6,551
4%
$289,760
3%
2023
$6,283
4%
$281,330
6%
2021
$6,056
-2%
$265,190
-3%
2022
$6,160
2%
$273,140
6%
2021
$6,056
14%
$257,470
3%
2019
$5,321
4%
$249,980
3%
2018
$5,140
6%
$242,700
3%
2017
$4,858
11%
$235,640
3%
2016
$4,384
2%
$228,780
3%
2015
$4,318
9%
$222,120
3%
2014
$3,974
10%
$215,660
3%
2013
$3,625
—
$209,380
—
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 Alameda Realty LLC (503) 307-1502, Heidi Settlemier (503) 307-1502

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3948 NE 135th Ave, Portland, OR 97230 (MLS# 432426700) is a Single Family property with 4 bedrooms and 3 full bathrooms. 3948 NE 135th Ave is currently listed for $540,000 and was received on September 18, 2026. Want to learn more about 3948 NE 135th Ave? 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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