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13425 SE Foster Rd Unit 40, Portland, OR, 97236

4beds
2baths
1,361sqft
$275,460
$202price/sqft
$1,871/moest. monthly cost
$74,840/yrincome needed

About This Home

Welcome to this beautifully crafted, newly built townhome in the heart of SE Portland. Offering 4 spacious bedrooms and 2 baths across two well designed floors, this home maximizes natural light through thoughtfully placed windows, creating a bright and inviting atmosphere throughout. With energy-efficient features like a heat pump for both heating and cooling, this home is as eco-friendly as it is comfortable. Enjoy the convenience of brand-new, high-quality appliances including a washer/dryer, refrigerator, range, and dishwasher. Plus, the HOA fee covers water and garbage, making this an even more hassle-free living experience. Take advantage of large grants to make homeownership more affordable! This Proud Ground home offers lasting affordability with resale, owner-occupancy, and other guidelines to maintain value for future buyers. Apply to Proud Ground and receive an invitation before submitting an offer. Buyers must work with a Proud Ground preferred lender. Don’t miss this incredible opportunity!

Getting Around

40
WalkingCar-Dependent
37
TransitSome Transit
67
BikeBikeable

Schools

2/10
6/10
Alice Ott Middle SchoolGrades 6-80.5 mi
2/10
David Douglas High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Construction materials: Other

Type & Style

  • Home type: Townhouse
  • Property subType: Residential,Condominium,Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 1,361
  • Total interior livable area: 1,361 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: R719862
  • On leased land: Yes
  • Lease amount: 50
  • Land lease expiration date: 4881600000000

Features

  • Stories: 2

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
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Inland Flooding
Winter Weather

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 $1,392$16,704
Home Insurance *$69$828
Property Taxes $234$2,808
Electricity $176$2,119
Total$1,871$22,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,148/yr
40% on housing$56,130/yr
45% on housing$49,893/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

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 97236$187
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97236$261
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
2026-01-30Price change$275,460
2025-09-10Listed for sale$300,460

For Sale by Agent

AgentUndra Adams
BrokerageProud Ground

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