




8657 SE 15th Ave, Portland, OR, 97202
About This Home
Tucked into Sellwood Moreland, I offer brand new construction living with a rare ownership advantage: I am not a condo, and you own the underlying lot outright with no additional monthly dues to worry about. I pair modern construction with an efficient two level layout, thoughtful use of space, and mini split systems that provide year round heating and cooling. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. My main level is designed around open everyday living, with natural flow between the living area, dining space, and kitchen so daily routines, casual meals, and hosting all feel easy. Just off the main living area, my fenced patio and yard space create a private outdoor extension for morning coffee, container gardening, summer meals, or a quiet place to unwind. Upstairs, my bedroom layout gives separation from the main living area, creating a comfortable sense of retreat at the end of the day. Because I am newly built, I also bring the peace of mind buyers want from modern systems, efficient design, and a lower maintenance setup in one of Southeast Portland’s most beloved close in neighborhoods. My location is a major part of my appeal. From here, you are close to SE 13th, neighborhood coffee, restaurants, grocery options, Sellwood Park, Sellwood Riverfront Park, Oaks Bottom, the Springwater Corridor, and the everyday charm that makes Sellwood Moreland so consistently sought after. Spend weekends walking to local favorites, biking toward the river, catching a movie at Moreland Theater, or enjoying easy access to nearby parks and neighborhood retail. With new construction materials, underlying land ownership, mini splits, fenced outdoor space, a builder warranty, and a close in Sellwood-Moreland setting, I deliver a smart alternative to condo living without giving up the convenience buyers want.
Getting Around
Schools
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,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: 100
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Great Room, Living Room Dining Room Combo,High Ceilings
- Level: Main
Features
- High Ceilings,Hookup Available,Great Room,Living Room Dining Room Combo
- Window features: Double Pane Windows,Vinyl Frames
Heating & Cooling
- Heating features: Mini Split
- Cooling features: Heat Pump
Interior Area
- Total structure area: 916
- Total interior livable area: 916 sqft
Kitchen
- Features: Dishwasher, Disposal, Great Room, Microwave,Free Standing Range, High Ceilings, Plumbed For Ice Maker, Solid Surface Countertop
- Level: Main
- Area: 40
Living Room
- Features: Great Room, Living Room Dining Room Combo,High Ceilings
- Level: Main
- Area: 190
Master Bedroom
- Features: Ensuite, High Ceilings
- Level: Upper
- Area: 120
Property
Accessibility
- Accessibility features: Natural Lighting,Accessibility
Details
- Parcel number: New Construction
- Attached to another structure: Yes
- Zoning: R5
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 871.20 sqft
- Features: Level,SqFt 0K to 2999
- Lot size dimensions: Appro x . 16 x 50
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
- 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 | $2,123 | $25,476 |
| Home Insurance * | $85 | $1,020 |
| Property Taxes | $356 | $4,272 |
| Electricity | $176 | $2,119 |
| Total | $2,740 | $32,880 |
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 |
|---|---|---|
| 2026-07-20 | Price change | $419,900 |
| 2026-07-10 | Price change | $429,900 |
| 2026-06-03 | Listed for sale | $439,900 |
