5241 Se 45TH Ave, Portland, OR 97206

• 5 beds |
• 2 baths |
• 2,516 sqft

Property Description

Flexible 5-BR Historic Bungalow Near Reed College – Modernized & Move-In Ready.At the seamless convergence of historic Eastmoreland, Woodstock, and quiet Lexington Heights, this beautiful 2,516-sq-ft bungalow blends timeless character with high-value upgrades. Two mature dogwood trees frame the front porch, creating unforgettable curb appeal in this highly desirable Reed College pocket.Inside, find a bright living and dining room with original hardwood floors. The updated kitchen features sleek solid-surface countertops, stainless steel appliances, and a brand-new refrigerator. The layout offers maximum flexibility with a primary bedroom choice on either the main floor or the upper level, which hosts two oversized bedrooms with flexible uses. The finished lower level offers two additional legal bedrooms and a large family room perfect for a home movie theater or game room. Outside, enjoy a secure, fully fenced backyard and a functional detached garage.The infrastructure is entirely modernized. Experience year-round comfort with a brand-new furnace and central A/C—added for the first time ever! Enjoy top-tier air quality with a newer, professionally installed radon mitigation system. The wood-burning fireplace features a beautifully rebuilt chimney. Major improvements also include a brand-new sewer line.Embrace the coveted Eastmoreland and Woodstock lifestyle. You are just a quick 2-minute drive to Reed College and Reed College Canyon. Enjoy incredible convenience, located 2 blocks from Woodstock Park and 6 blocks to vibrant Woodstock food carts and restaurants. Commuters will love the close proximity to Powell Butte, fast access to I-205, and a 20-minute drive to Portland International Airport. Welcome home!

Listing Status:

Active

Date Added:

June 2, 2026

Data Last Updated:

June 11, 2026 at 2:42AM

Listing Office:

Berkshire Hathaway HomeServices NW Real Estate : 503-652-1235

Listing Agent:

Kimberly Brenner : 503-799-1019

MLS ID:

296889401

Interior

• General: Central vacuumGarage door openerHardwood floorsHigh ceilingsHigh speed internetLaundryQuartzSoaking tubWallto wall carpetWasher dryerWood floors
• Appliances: DishwasherDisposalFree standing rangeFree standing refrigeratorMicrowaveStainless steel appliance
• Basement: Finished
• A/C: Central air
• Heating: Energystar qualified equipmentForced air 95 plus
• Fireplace: Wood burningFireplaceFireplaces: 1

Exterior

• General: Wood sidingFencedYard
• Style: Stories 2Four square
• Parking: DrivewayOn streetParking spaces: 1

Construction

• Roofing: Composition
• Windows: DoublePaneWindowsVinylFrames
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R5LEXINGTON HTSBLOCK 4LOT 11R206652

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.