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Off market
  • $505,000

    8040 SW Oleson Rd, Portland, OR 97223

    2beds
    748sqft
    Apartment
    Built in ----
    -- sqft lot
    $505,000 Zestimate®
    $675/sqft
    $1,524 Estimated rent

    Home value

    $505,000

    $465,000 - $556,000

    $1,524/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,963/mo

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    What's special

    Single-Level Duplex with Large Fenced Yard. Garden Home This single-level duplex in the Garden Home neighborhood offers a rare combination of space, privacy, and location. The home features two bedrooms and one bathroom, original hardwood floors throughout, and an open, functional layout that makes the space feel larger than expected. The updated kitchen includes quartz countertops and ample cabinet storage. Washer and dryer hookups are located in the unit. Off-street parking is included. Outside, the home offers a huge fully fenced yard that is ideal for relaxing, gardening, or outdoor use. A private front porch and a back patio provide additional usable outdoor space. The property is located just minutes from Garden Home Park and the Garden Home Recreation Center, which offer walking trails, sports courts, and fitness classes. Grocery stores, coffee shops, public transit, and major roadways are nearby, making travel throughout the Portland metro area convenient. Property Features Two bedrooms and one bathroom. Single-level duplex. Hardwood floors throughout. Updated kitchen with quartz countertops. Washer and dryer hookups. Huge fully fenced yard. Private front porch and back patio. Off-street parking included. Utilities and Monthly Charges Residents are responsible for gas, electric, internet, and cable. Water, sewer, and garbage are billed back at $132 per month. Landscaping is required and billed back at $165 per month. Pets Pets are considered with screening and may require additional pet rent and or deposit. All applicants must complete a pet screening application, including applicants without pets. There is no charge for applicants without pets or for ESA or Service animals. Rental Requirements Minimum gross household income must be at least 2.5 times the monthly rent. Smoking is strictly prohibited anywhere on the premises. Renters insurance with a minimum of $100,000 in liability coverage is required unless income minimums are exceeded per policy. Availability and Showings This home is available now. Showings are scheduled directly through our website at RipCityPM. com. Identity verification is required for all tours. Application Information The open application period begins on 10/30/2025 at 10:00 AM. Applications submitted before this time will receive an eight hour penalty as required by local ordinance. All adults living in the home must submit an application. Applications are processed on a first-come, first-served basis and must be fully completed before processing. The application fee is $60 per adult plus a $10 non-refundable processing fee. Additional pet screening fees may apply if applicable. Applicants are required to read this entire listing and review our rental criteria before applying. Rental criteria can be found under the Properties tab at RipCityPM. com. Deposits and Approvals The refundable security deposit ranges from one to one and a half times the monthly rent based on screening results. Conditional approvals may require an additional deposit of up to one half month's rent and or a qualified co-signer. Required Disclosures This property is not an Accessible Dwelling Unit as defined under the Oregon Structural Building Code. This home is leased by RipCity Property Management LLC. All information is deemed accurate but is not guaranteed. Square footage is approximate and may include both finished and unfinished areas. School attendance zones may change without notice. Scam Warning For your safety, communicate only with RipCity Property Management regarding this listing. All applications and payments must be completed through our secure online platform at our official website. We do not accept payments via cash apps such as Venmo, Zelle, or CashApp. Our listings are never advertised on Craigslist or Facebook Marketplace. If you see this listing on those platforms, please report it as fraudulent.Luxury Vinyl Plank Quartz Countertops

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Listing updated: January 17, 2026 at 01:54am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 748 sqft

    Property

    Parking
    • Total spaces: 2
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: Cable not included in rent, Electricity not included in rent, Gas not included in rent, Internet not included in rent, Other
    Details
    • Parcel number: 1S125BA00600

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other fees
    • Deposit fee: $1,845

    Price history

    DateEventPrice
    1/18/2026Listing removed$1,845$2/sqft
    Source: Zillow Rentals Report a problem
    1/2/2026Price change$1,845-2.6%$2/sqft
    Source: Zillow Rentals Report a problem
    12/12/2025Price change$1,895-5%$3/sqft
    Source: Zillow Rentals Report a problem
    11/20/2025Price change$1,995-4.8%$3/sqft
    Source: Zillow Rentals Report a problem
    10/27/2025Listed for rent$2,095+5%$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,162 +4.4%$218,800 +3%
    2024$3,987 +6.4%$212,430 +3%
    2023$3,746 +3.6%$206,250 +3%

    Find assessor info on the county website

    Neighborhood: 97223

    Nearby schools

    GreatSchools rating
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    Estimated market value$505,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $505,000