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36 NE Stanton St, Portland, OR, 97212

8beds
6baths
5,884sqft
$1,795,000
$305price/sqft
$11,477/moest. monthly cost
$459,080/yrincome needed

About This Home

Exceptional close-in urban multi-family opportunity featuring four units across three architecturally distinct buildings. This rare offering includes two standalone homes and a thoughtfully designed duplex—ideal for investors or owner-occupants seeking flexibility and strong income potential. The original 1894 cottage blends historic charm with modern updates, offering wood floors, a renovated kitchen, forced-air gas heating, two bedrooms, and one bathroom. Enjoy the convenience of washer/dryer, and a large gated deck, and separate storage space. Privately situated at the rear of the property, the iconic Tower House delivers a unique living experience across four open levels. With flexible living and sleeping configurations, this standout home features concrete floors on the main level, three gas fireplaces, vaulted ceilings, two full bathrooms, central A/C, and a private fenced outdoor space. Fronting Stanton St., the duplex provides clean, modern design. The main-level unit includes two bedrooms, one bathroom, hardwood floors, a gas fireplace, vaulted ceilings in the primary bedroom, full-size washer/dryer, and direct access to private outdoor area from both bedrooms. The upper unit spans the second and third floors, with a spacious open-concept kitchen and dining area with hardwood floors and skylights, plus a refined living room with gas fireplace and patio. The top floor features a primary bedroom with walk-in closet and covered (sleeping) porch for year-round use, a second bedroom, laundry, and a large bathroom with double pedestal sinks, full tub, and separate WC. This one-of-a-kind property combines architectural character, versatility, and exceptional income potential in a prime close-in location. Four off-street parking spaces. Owner pays for property management, pest control, maintenance, and garbage service. Please do not disturb tenants. No weekend showings. Current POF or pre-app letter required before scheduling a showing.

Getting Around

89
WalkingVery Walkable
62
TransitGood Transit
97
BikeBiker's Paradise

Schools

7/10
8/10
5/10
Jefferson High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Stucco,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer,Refrigerator,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 5
  • Partial bathrooms: 1

Features

  • Flooring: Wood,Hardwood

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Air Conditioning Ready

Interior Area

  • Total structure area: 5,884
  • Total interior livable area: 5,884 sqft

Property

Details

  • Parcel number: R102478
  • Zoning: R2.5

Features

  • Patio & porch: Deck

Lot

  • Lot size: 10,018 sqft
  • Features: Level,SqFt 10000 to 14999

Parking

  • Total spaces: 4
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,076$108,912
Home Insurance *$343$4,116
Property Taxes $1,525$18,300
Electricity $533$6,407
Total$11,477$137,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$393,497/yr
40% on housing$344,310/yr
45% on housing$306,053/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 97212$301
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97212$330
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Price change$1,795,000
2026-03-23Listed for sale$1,895,000
2025-04-30Listing removed$2,750
2025-04-15Listed for rent$2,750
2021-09-17Listing removed--
2021-09-13Listed for rent$1,795

For Sale by Agent

AgentErin Livengood
BrokerageWindermere Realty Trust

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