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6185 N Albina Ave #3, Portland, OR, 97217

2beds
3baths
903sqft
$344,900
$382price/sqft
$2,289/moest. monthly cost
$91,560/yrincome needed

About This Home

I pair the ease of new construction with a North Portland setting directly across the street from Peninsula Park, where the rose garden, open lawn, playground, walking paths, and neighborhood green space are just a few steps away. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I offer a smart two bedroom, 2.1 bathroom layout in a five home N Albina townhome community. At 903 square feet, I make efficient use of space without unnecessary upkeep, while still offering the privacy and function of two upper level suites. My main level keeps the living, dining, and kitchen areas connected for a simple daily flow, with custom cabinetry, solid surface countertops, stainless steel appliances, an island, and practical storage. A half bathroom on the main level adds convenience for guests and daily routines, while the compact footprint helps keep the home approachable, efficient, and easy to furnish. Upstairs, two bedrooms and two full bathrooms create a strong layout for shared living, guest space, office needs, hobbies, or a more comfortable work from home setup. Mini splits provide efficient year round heating and cooling, adding comfort and control through every season. From this Albina location, start the day with a quick park walk, spend an afternoon relaxing on the lawn at Peninsula Park, take the MAX Yellow Line into the city, meet up along Mississippi or Williams for food, drinks, shopping, and neighborhood energy, or use Killingsworth and Interstate for groceries, errands, casual meals, and easy commuting routes. My list price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland. I also benefit from the HOLTE 10-year property tax abatement, offering significant savings for an eligible buyer.

Getting Around

77
WalkingVery Walkable
56
TransitGood Transit
100
BikeBiker's Paradise

Schools

9/10
8/10
Ockley GreenGrades 6-80.3 mi
5/10
Jefferson High SchoolGrades 9-120.4 mi

Construction

Condition

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

Materials

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

Type & Style

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

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

Bedroom2

  • Features: High Ceilings
  • Level: Upper
  • Area: 99

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Great Room,High Ceilings
  • Level: Main
  • Area: 88

Features

  • Hookup Available,High Ceilings,Great Room,Eat Bar,Peninsula
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Vinyl Frames

Heating & Cooling

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

Interior Area

  • Total structure area: 903
  • Total interior livable area: 903 sqft

Kitchen

  • Features: Dishwasher, Disposal, Eat Bar, Great Room,Free Standing Range, High Ceilings, Peninsula, Plumbed For Ice Maker, Solid Surface Countertop
  • Level: Main
  • Area: 99

Living Room

  • Features: Great Room, Sliding Doors,High Ceilings
  • Level: Main
  • Area: 132

Master Bedroom

  • Features: Ensuite, High Ceilings
  • Level: Upper
  • Area: 99

Property

Details

  • Parcel number: New Construction
  • Zoning: RM1

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Yard
  • Fencing: Fenced

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 $1,744$20,928
Home Insurance *$76$912
Property Taxes $293$3,516
Electricity $176$2,119
Total$2,289$27,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,480/yr
40% on housing$68,670/yr
45% on housing$61,040/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

$382This listing

vs Other Active Listings

Avg $/sqft

ZIP 97217$224
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97217$279
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
2026-07-11Price change$344,900
2026-05-22Listed for sale$349,900

New Construction

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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