Open House Sat, Sep 19th 12:00 PM - 02:00 PM - Price Reduction - New Construction - Eco Friendly
Address
4118 Se Franklin St, Portland, OR
Price
$ 475,000
Property Attributes
  • MLS#731715769
  • TypeSingle Family
  • Listing Status Active
  • CountyMULTNOMAH
  • CityPortland
  • Area143
  • NeighborhoodRICHMOND
  • Zip97202
  • StyleCottage,Modern
  • Year Built2026
  • Taxes$ 1
  • Price$ 475,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1052
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

Welcome to Cottages on Franklin, Snug’s latest development located in the highly popular Richmond neighborhood with all of its shops, restaurants and amenities. Don’t miss your opportunity to advance purchase this detached single family home, which will be completed in early August. The Tango plan features 3BR and 1.1BA across 1052sf and is built with uncompromised quality and true architectural design by Snug, Portland’s premier cottage developer. You must see the home to appreciate all of the designer finishes and upgrades compared to the typical new build. It has a TRULY PRIVATE, FENCED AND FULLY LANDSCAPED YARD, so bring your pets! The layout lives large with its welcoming covered front porch, open concept plan and slider leading to a COVERED REAR PATIO for year-round entertaining. The main floor boasts sleek polished concrete flooring and a modern kitchen with stainless appliances, slab quartz counters and custom tile. The light-filled upper level offers three bedrooms with vaulted ceilings and built-in closet organizers, along with a tile-accented bathroom. LOADS OF STORAGE with a large pantry and extra closets throughout, and is pre-wired for seamless internet connection. Climate control is effortless and ultra-efficient via a high-efficiency mini-split heat pump system with independent controls for each bedroom and the main floor. The home is all electric with a heat pump water heater, Energy Star Certified and pre-plumbed for future solar panels that could make the home truly net-zero. Total energy bill estimated at JUST $81 PER MONTH! HES=10. This home offers the ultimate in low-maintenance, turn-key living. Step inside a Snug home and you'll immediately notice the difference. Live in one, and you'll truly appreciate the details.

Elementary School Middle School High School
Creston Elementary School Hosford Middle School Franklin High School
Price History
8/27/2026 Listed $499,000
9/12/2026 5$475,000

General Features

Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Appliances Dishwasher,Disposal,FreeStandingRange,Island,Microwave,Quartz,StainlessSteelAppliance,Tile
Architectural Style Cottage,Modern
Security Features Sidewalk
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2026
Parcel Number New Construction
Accessibility NaturalLighting
County Multnomah
Property Type Residential
Association Amenities Insurance
HOA No
Subdivision Name RICHMOND
Full Baths 1
Status Active
Directions SE Powell Blvd to SE 43rd,N on 43rd to SE Franklin,W on Franklin to property
High School Franklin
City Portland
Disclosures Exempt
MLS Area _143
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Creston
Tax Annual Amount 1.0
Middle/Junior High School Hosford
Property Condition NewConstruction
Virtual Tour https://youtu.be/dsakiU_gwWI
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription ParkGreenbelt
Legal Description TBD
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities ConcreteFloor,HighCeilings,Laundry,Quartz,Sprinkler,VaultedCeiling,WalltoWallCarpet
Basement None
Hot Water Electricity
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 1.1
FuelDescription Electricity
Total Bedrooms 3
Total Baths 2
1/2 Baths 1

Exterior Features

Exterior Amenities CoveredDeck,CoveredPatio,Fenced,Porch,Sprinkler,Yard
Parking Features OnStreet
Lot Features Commons,Terraced
Water Source PublicWater
Exterior Description CementSiding
Foundation Details Slab
Building Area Total 1052.0
Road Surface Type Concrete,Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97202

Price
AVG $900K
$480K
Year Built
AVG 1949
2026
Visits
AVG 106
29
Data Provided by Inside Real Estate®

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