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3622 SW Vermont St, Portland, OR, 97219

1beds
2baths
671sqft
$349,900
$521price/sqft
$2,321/moest. monthly cost
$92,840/yrincome needed

About This Home

I bring a fresh, efficient take on detached living just steps from Gabriel Park, pairing cottage cluster charm with the convenience of one of SW Portland’s most loved neighborhood settings. As part of a new 8 home cottage cluster, I offer the privacy and presence of a standalone home. Unlike many other new construction homes, I am not a condo and have no HoA. You own the underlying lot outright and have no additional monthly dues to worry about. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. My main level keeps daily life connected through an open kitchen, dining, and living area. A kitchen island with eat bar creates a natural place for coffee, casual meals, conversation, or extra prep space, while a convenient half bathroom serves the main floor. Upstairs, my spacious bedroom becomes a comfortable retreat with a tasteful coffered ceiling and walk in closet, while a full bathroom is positioned just outside the door. Energy efficient mini splits provide year round heating and cooling, while a 2-10 Builder Warranty adds confidence. Intentionally scaled for low maintenance living, my layout offers useful storage, clear separation between living and sleeping spaces, and a floor plan that makes everyday routines feel simple. Outside, individual entries, a central community walkway, bike parking, and cottage inspired details give the community a polished neighborhood presence. With Gabriel Park just steps away, daily life can include morning walks, open green space, sports courts, the dog area, playground, and access to the park trail network. Nearby Multnomah Village adds local coffee, dining, shops, bakeries, neighborhood services, and a village atmosphere that keeps errands, meetups, and evenings out close and easy.

Getting Around

60
WalkingSomewhat Walkable
39
TransitSome Transit
68
BikeBikeable

Schools

10/10
8/10
Jackson Middle SchoolGrades 6-81.7 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter,Stem Wall
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Cement Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Electric Water Heater,Tank Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Dining Room

  • Features: Great Room, Living Room Dining Room Combo,High Ceilings, Wainscoting
  • Level: Main

Features

  • High Ceilings,Hookup Available,Wainscoting,Great Room,Living Room Dining Room Combo,Eat Bar,Kitchen Island,Bathtub With Shower,Double Vanity,Suite,Walk-In Closet(s)
  • Window features: Double Pane Windows,Vinyl Frames

Heating & Cooling

  • Heating features: Mini Split
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 671
  • Total interior livable area: 671 sqft

Kitchen

  • Features: Dishwasher, Disposal, Eat Bar, Great Room, Island, Microwave,Free Standing Range, High Ceilings, Plumbed For Ice Maker, Solid Surface Countertop
  • Level: Main
  • Area: 70

Living Room

  • Features: Great Room, Living Room Dining Room Combo,High Ceilings, Wainscoting
  • Level: Main
  • Area: 240

Master Bedroom

  • Features: Bathtub With Shower, Double Sinks, High Ceilings, Suite, Walkin Closet
  • Level: Upper
  • Area: 140

Property

Accessibility

  • Accessibility features: Natural Lighting,Pathway,Accessibility

Details

  • Parcel number: New Construction
  • Zoning: R7

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Features: Level,SqFt 0K to 2999
  • Lot size dimensions: TBD Via MHLD Plat

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
  • 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 $1,769$21,228
Home Insurance *$79$948
Property Taxes $297$3,564
Electricity $176$2,119
Total$2,321$27,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,577/yr
40% on housing$69,630/yr
45% on housing$61,893/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

$521This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$272
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97219$312
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)

No zestimate history available

Price History

DateEventPrice
2026-06-03Price change$349,900
2026-05-15Listed for sale$354,900

New Construction

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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