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About this home
A rare opportunity to acquire a versatile 1.11-acre property, zoned RFv(R7) in unincorporated Portland, offering an exceptional combination of comfortable residential living and substantial functional space for business, investment, or both. The 1,895-square-foot, single-level home features three bedrooms, two full bathrooms, and a thoughtfully remodeled interior that brings contemporary comfort and style to everyday living. An oversized two-car garage and a fully fenced residential yard further enhance the property's appeal.The real distinction lies in the expansive grounds, with approximately one acre dedicated to a level, freshly graveled, fully fenced construction yard. A substantial 30' x 40' shop provides an impressive foundation for a variety of commercial, contractor, storage, or operational uses. The building features all-new metal siding, a newer roof, independent 200-amp electrical service, and natural gas, offering infrastructure and functionality that are increasingly difficult to find.Whether envisioned as a live-work opportunity, an investment property, a business headquarters, or a strategic combination of residential and commercial use, this property delivers flexibility, utility, and considerable potential. With its substantial land area, established improvements, and adaptable configuration, this is an opportunity to think beyond the traditional residential property and explore the possibilities of a truly multifunctional real estate asset.
Single-familyProperty Type
1992Year Built
1.11 acresLot Size
$377Price/Sq.Ft.
2 car garageParking
Listed by Kevin Smallbeck• RE/MAX Equity Group
Listed by Michael Shelangoski• RE/MAX Equity Group
Pleasant Valley, located between Powell Butte Nature Park and the Clackamas River corridor, is a residential and semi-rural Portland neighborhood with wide-lot streetscapes and a patchwork of farms. The neighborhood’s energy concentrates around SE Foster Rd near SE 162nd Ave, where small groceries, taquerias, and service storefronts set a practical, everyday rhythm. Leach Botanical Garden and Powell Butte Nature Park act as local anchors for trails, gardens, and open sky. Housing leans toward ranch-style homes, newer subdivisions, and pockets of acreage with barns and garden plots. The landscape shifts quickly from sidewalks to fields, with views that open toward the buttes and foothills. Daily life reads quieter and car-oriented, with nature destinations doing much of the cultural heavy lifting.
Provided by Walk Score and Local Logic
Market insights
5031 SE Jenne Rd · $714,900
DAYS ON MARKET
1 days
The average home goes pending in 17 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
LIST PRICE
$714,900
Median sale price in this area is $573,129. (20% lower than this home)
PRICE DROP
0 price drops
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Vinyl-frame windows
Crawl space
Bedrooms
3 bedrooms, all on the main level
Bathrooms
2 full bathrooms, both on the main level
Kitchen
Dishwasher
Free-standing range
Free-standing refrigerator
Microwave
Solid-surface countertops
Flooring
Wall-to-wall carpet
Laminate flooring
Heating & cooling
Forced-air heating
Central air conditioning
Exterior features
Fenced yard
Outbuilding
RV parking
RV/boat storage
Workshop
Level lot
Paved road
Home design
Single-family residence
Parking
Attached oversized two-car garage
Covered parking
RV parking
Construction
Built in 1992
Vinyl siding
Composition roof
Utilities
Public water
Septic tank
Gas fuel
Financial info
Rent amount: $7,500
Electricity and solar
View estimated energy costs and solar savings for this home
Really cute home with lots of personality and 2-car attached garage provide plenty of space for your tools and toys! Seller has performed a multitude of upgrades over the past 6 years. Very nice front and backyard that is fully fenced in for your pets and privacy. The remainder of the 1.11 acre lot is level and fenced completely around the property with a significant sized heated shop and volumes of parking. Seller is providing a 1 year home warranty with an accepted offer.
Public Records
Oct 30, 2014
Sold
$210,000
$111/sq ft
RMLS #14592494
Nov 3, 2014
Relisted
—
Oct 30, 2014
Sold
$210,000
$111/sq ft
Aug 5, 2014
Price Changed
$205,000
$108/sq ft
Aug 5, 2014
Contingent
—
Jul 29, 2014
Listed
$225,000
$119/sq ft
+8
Good location, right next to the Springwater Trail. 1.1 Acre close in location. Plenty of room to add on. Lot's of parking. Room for RV, and boats. Large shop building has room for at least 4 additional parking spots. Adjacent to the Springwater Trail. Home and yard needs cleaning up. Has LP siding that hasn't been replaced. This is a short sale.
Public Records
Oct 14, 1997
Sold
$190,000
$100/sq ft
Public Records
Aug 24, 1992
Sold
$60,000
$32/sq ft
Public Records
Dec 1, 1991
Sold
$60,000
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,950 (+4.6%)
2024
$4,733 (+3.0%)
2023
$4,594 (+3.9%)
2022
$4,422 (−0.5%)
2021
$4,445 (+8.9%)
2020
$4,083 (+2.5%)
2019
$3,984 (+4.3%)
2018
$3,819 (+3.5%)
2017
$3,691 (+3.0%)
2016
$3,582 (+9.9%)
2015
$3,259 (+2.5%)
2014
$3,181 (+19.8%)
2013
$2,655 (+5.1%)
2012
$2,528 (−1.5%)
2011
$2,567 (+0.6%)
2010
$2,552 (+4.5%)
2009
$2,442
Public record
Public record
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.11 Acres
Year renovated
1992
Finished Sq. Ft.
1,895
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,895
Year built
1992
Style
Single Family Residential
County
Multnomah County
APN
R192798
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
Nov 3, 2016 • Final
Mechanical
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97236
Average low and high temperatures (°F)
46°
37°
49°
38°
56°
43°
64°
45°
70°
50°
76°
54°
82°
57°
83°
61°
76°
57°
61°
47°
52°
44°
50°
42°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5031 SE Jenne Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $459,000 and $677,625.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $459K to $678K.