See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1616 NE 45th Ave #5E, Portland, OR, 97213

2beds
2baths
951sqft
$385,000
$405price/sqft
$2,538/moest. monthly cost
$101,520/yrincome needed

About This Home

Come see if modern urban living is for you in this two-bedroom, two full-bathroom condominium that is conveniently located in the active Hollywood District. This home has been meticulously maintained and is in impeccable, like-new condition. It has 9-foot ceilings, stainless steel appliances including a gas range, elegant quartz countertops, and in-unit laundry. Natural light is not hard to come by with all the well-placed windows throughout the home. The primary suite hosts a walk-in closet, with a full bathroom attached as well. The hall bathroom houses the washer and dryer and offers ample storage in the vanity and a full bathtub and shower combo. Stepping out onto the covered balcony off the living room – you get a great outdoor dining, or relaxing space. You have seamless access to public transit and an array of attractions within the Hollywood District, including the Hollywood Farmer's Market, Whole Foods, Trader Joe's, 24Hour Fitness, Hollywood Theatre, and a myriad of restaurants, services, and shops. The HOA covers Exterior Maintenance, Insurance, Management, Sewer, Trash, and Water.

Getting Around

91
WalkingWalker's Paradise
67
TransitGood Transit
90
BikeBiker's Paradise

Schools

9/10
Beverly Cleary SchoolGrades K-80.7 mi
9/10
Grant High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2019

Materials

  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Range Hood,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater,Tankless Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Floor 3rd,High Ceilings,Quartz,Kitchen Island,Tile
  • Window features: Vinyl Frames
  • Flooring: Engineered Hardwood

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 951
  • Total interior livable area: 951 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R698479

Features

  • Levels: One
  • Stories: 1
  • Entry location: Upper Floor
  • Patio & porch: Covered Patio
  • Has view: Yes
  • View description: City

Lot

  • Features: Level,Light Rail,On Busline

Parking

  • Parking features: On Street
  • 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $1,946$23,352
Home Insurance *$89$1,068
Property Taxes $327$3,924
Electricity $176$2,119
Total$2,538$30,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,017/yr
40% on housing$76,140/yr
45% on housing$67,680/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

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 97213$226
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97213$290
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
2026-05-07Listed for sale$395,000

For Sale by Agent

AgentDonna Ellison
BrokerageKeller Williams Realty Portland Premiere

Similar Homes