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$598,500
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Property Description
Incredible close-in West Hills opportunity in highly coveted Sylvan Highlands Neighborhood in Ainsworth/West Sylvan/Lincoln High school district! This beautiful, solid mid-century home, on over-sized private lot is craving some love! Let your personal cosmetic finishes make it shine and create instant equity! Fresh paint inside and out, landscaping, and some cosmetics will go a long way! This home received a complete top to bottom remodel just 10 years including a new 50 yr roof, Furnace, Kitchen, Baths and more! The huge fenced "double" back yard has endless opportunities such as Sport Court, detached ADU, elite garden, etc... Sylvan Highlands neighbors The Oregon Zoo & Max Station, and is home to historic tennis center The Racquet Club. Just a few minutes to Downtown, Northwest Portland and Pearl District Restaurants, shopping and entertainment. Instant freeway access for short commutes to Nike, Intel and Hi-Tech Corridor! Washington Park and Forest Park are also nearby. Here's your chance!
Full Property Details
Full Property Details for 4842 SW Elm Ln
General
- Price: $598,500
- Taxes: $8,240 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 264568869
- Updated: 7/23/2026
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Garage Door Opener, Hardwood Floors, Tile Floor, Wall to Wall Carpet, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Solid Surface Countertop, Stainless Steel Appliance(s), Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 12 x 13, Lower, 156 Sq. Ft.
- Bedroom 2: 11 x 12, Main, 132 Sq. Ft.
- Bedroom 3: 10 x 12, Main, 120 Sq. Ft.
Other Rooms
- Living Room: 15 x 20, Main, 300 Sq. Ft.
- Family Room: 15 x 20, Lower, 300 Sq. Ft.
- Kitchen: 10 x 11, Main, 110 Sq. Ft.
- Dining Room: 9 x 9, Main, 81 Sq. Ft.
- Laundry: 7 x 12, Lower
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Subdivision: SYLVAN HIGHLANDS
- Driving Directions: Canyon Court/Canyon Court to Highland Pkwy, to Elm Lane
School Information
- Elementary School: Ainsworth
- Middle School: West Sylvan
- High School: Lincoln
Community
- Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air - 95+%
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Daylight Ranch
- Basement Desc.: Daylight, Exterior Entry, Finished
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 2
- Square Feet: 2,020
- Year Built: 1947
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: 10, 000 to 14, 999 SqFt
- Lot Dimensions: 10, 774 s.f.
- Frontage: Paved
- Lot Features: Level, Terraced, Trees, Wooded
Financial Considerations
- Tax Amount: $8,240.19
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: WEST HIGHLANDS MEADOW, BLOCK 7, LOT 6 EXC PT IN HWY, ELY 15' OF L
- Disclosures/Reports: Disclosure
- Property ID: R301068
Listed by MORE Realty (503) 353-6673, Tom Portlock (503) 475-7423
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Schools
Schools serving 4842 SW Elm Ln
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Ainsworth Elementary School 2425 Southwest Vista Avenue, Portland, OR 97201 | K-5 | 1.3 mi |
West Sylvan Middle School 8111 Southwest West Slope Drive, Portland, OR 97225 | 6-8 | 1.7 mi |
Lincoln High School, Portland, OR 1750 Southwest Salmon Street, Portland, OR 97205 | 9-12 | 1.9 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 4842 SW Elm Ln
Date
Details
Price
Change
Source
7/23/2026
Price Reduced
$598,500
-5%
MLS
6/21/2026
Listed
$630,000
20%
MLS
5/03/2017
Sold
$525,000
—
Public Record
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
Tax History for 4842 SW Elm Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,240
4%
$306,100
3%
2024
$7,944
4%
$297,190
3%
2023
$7,639
4%
$288,540
6%
2021
$7,347
-2%
$271,990
-3%
2022
$7,473
2%
$280,140
6%
2021
$7,347
13%
$264,070
3%
2019
$6,492
3%
$256,380
3%
2018
$6,301
4%
$248,920
3%
2017
$6,039
23%
$241,670
16%
2016
$4,904
3%
$208,200
3%
2015
$4,775
2%
$202,140
3%
2014
$4,703
2%
$196,260
3%
2013
$4,594
—
$190,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4842 SW Elm Ln
4842 SW Elm Ln, Portland, OR 97221 (MLS# 264568869) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4842 SW Elm Ln is currently listed for $598,500 and was received on June 21, 2026. Want to learn more about 4842 SW Elm Ln? 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.

