5525 NE 45TH AVE

Portland, 97218

  • 3 Bed

  • 1 Bath

  • 1580 SqFt

  • 39 DOM

  • Built: 1948

  • Status: Active

$475,000

Price cut: $9.9K (08-22-2025)

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5525 NE 45TH AVE

Portland 97218

$475000

Price cut: $9.9K (08-22-2025)

  • 3 Bed

  • 1 Bath

  • 1580 SqFt

  • 39 DOM

  • Built: 1948

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Classic Charm and Modern Comfort in the Heart of Cully -Tucked into one of Portland’s most vibrant and walkable neighborhoods, this lovingly maintained 1948 bungalow offers the perfect blend of timeless character and thoughtful updates. With three bedrooms, one bathroom, and 1,580 square feet of living space, there’s room to grow, relax, and make lasting memories.Step inside and you’ll immediately notice the warmth of original hardwood floors and custom woodwork, including beautifully crafted stair railings, window trim, and shelving. The spacious upstairs primary suite is filled with natural light and equipped with air conditioning, creating a peaceful retreat from the rest of the home. Downstairs, a versatile bonus room opens to the backyard patio through sliding doors—ideal for a home office, art studio, or simply a cozy spot to unwind.Behind the scenes, the home is updated where it counts. You'll enjoy a newer high-efficiency gas furnace, strategically placed mini-splits for cooling, a newer water heater, updated electrical system, and new PEX water service and lines. Additional updates like improved floor, wall, and ceiling insulation, a radon mitigation system, and newer appliances—including a refrigerator, dishwasher, washer, and dryer—mean you can move in with ease and peace of mind.Outside, the oversized 0.13-acre lot offers a level yard with plenty of space to entertain, garden, or let pets and little ones play freely. The large patio is ready for summer BBQs or quiet evenings under the stars. A detached garage with sliding barn doors provides extra storage, workshop potential, and room for hobbies.And when you’re ready to venture out, you’ll love how easy it is to walk to some of the neighborhood’s favorites like Pizza Jerk, Oakshire Beer Hall, and Nepo 42. Fernhill Park is just a short stroll away, and quick access to the airport and downtown make commuting or weekend getaways simple. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239687]

Features and Utilities

  • Coved, HardwoodFloors

  • Dishwasher, FreeStandingRange, FreeStandingRefrigerator

  • CorkFloor, HardwoodFloors, HighSpeedInternet, Laundry, Skylight, VaultedCeiling, WasherDryer

  • Fenced, FirePit, Outbuilding, Patio, StormDoor, Workshop, Yard

  • MiniSplit

  • Electricity

  • ForcedAir95Plus, MiniSplit

  • PublicSewer

  • Electricity

  • Electricity, Gas

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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