5311 NE 28th Ave, Portland, OR, 97211
About This Home
Modern luxury meets the creative pulse of the Alberta Arts District. Built in 2019, this striking townhome is a true retreat. Soaring ceilings, sun-filled spaces, and custom touches create an atmosphere that feels both elevated and inviting. The open main level is designed for connection and comfort, with expansive windows, a sleek fireplace, custom blinds and a chef’s kitchen that effortlessly anchors it all. Slide open the oversized doors to your private deck and enjoy warm summer evenings under the stars. The deck leads to the professionally installed turf yard, perfection year round with zero maintenance. A main floor bedroom offers flexibility for guests, work or creative space. Upstairs, the primary suite feels like a sanctuary above the city. Wake to soft morning light, sip coffee on your private balcony, and unwind in a spa-inspired bath. Two additional bedrooms, full bath, and convenient laundry round out the upper level. Downstairs, a fully separate, income-producing Airbnb (1 bed/ 1 bath) provides both opportunity and ease. Earning 27K on average over the last 4 years & offered fully furnished for a seamless transition for the new owners. This home is a rare blend of style, comfort, and income potential, just steps from some of Portland’s best dining, art, and energy. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10247458]
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 2019
Materials
- Foundation: Concrete Perimeter
- Roof: Composition,Membrane
- Construction materials: Cedar,Cement Siding,Lap Siding
Type & Style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subType: Residential,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Plumbed For Ice Maker,Range Hood,Stainless Steel Appliance(s),Washer/Dryer,Gas Appliances,Free-Standing Range,Gas Water Heater,Tankless Water Heater
Basement
- Has basement: Yes
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Bedroom2
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 120
Bedroom3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 126
Bedroom4
- Features: Engineered Hardwood
- Level: Main
- Area: 169
Bedroom5
- Features: Bathroom,Wallto Wall Carpet
- Level: Lower
- Area: 154
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Engineered Hardwood
- Level: Main
- Area: 180
Features
- Floor 3rd,High Ceilings,Quartz,Bathroom,Kitchen Island,Balcony,Walk-In Closet(s),Walkin Shower,Tile
- Door features: Sliding Doors
- Window features: Double Pane Windows,Vinyl Frames
- Flooring: Engineered Hardwood,Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air 95 Plus,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 2,630
- Total interior livable area: 2,630 sqft
Kitchen
- Features: Dishwasher, Disposal, Gas Appliances, Island,Engineered Hardwood, Free Standing Range, Free Standing Refrigerator, Quartz
- Level: Main
- Area: 187
Living Room
- Features: Deck, Fireplace, Sliding Doors,Engineered Hardwood
- Level: Main
- Area: 280
Master Bedroom
- Features: Balcony, Bathroom,Ensuite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 221
Property
Details
- Parcel number: R696997
- Attached to another structure: Yes
- Zoning: R2.5
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Gas Hookup,Yard,Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 2,700 sqft
- Features: Level,SqFt 0K to 2999
- Lot size dimensions: 27' x 100'
Parking
- Total spaces: 1
- Parking features: Driveway,Off Street,Garage Door Opener,Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,791 | $45,492 |
| Home Insurance * | $157 | $1,884 |
| Property Taxes | $637 | $7,644 |
| Electricity | $238 | $2,864 |
| Total | $4,823 | $57,876 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Price change | $799,999 |
| 2026-04-30 | Listed for sale | $850,000 |
| 2019-07-10 | Sold | $641,000 |
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