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533 NE Fargo St, Portland, OR, 97212

6beds
3baths
3,340sqft
$990,000
$296price/sqft
$6,338/moest. monthly cost
$253,520/yrincome needed

About This Home

Final Price Drop before Seller removes from Market. Seller is willing to owner carry, 3.375% mortgage rate. Rare Irving Park Craftsman with a fully permitted 2-bed ADU and over $300,000 in improvements. This 1910 classic delivers charm, flexibility, and modern comfort in the heart of the Grant High neighborhood. Newly refinished original hardwood floors and fresh interior paint throughout pair with vaulted ceilings, updated windows, and beautiful natural light. The main residence offers a versatile layout with two bedrooms and one bath on the main level, plus two bedrooms upstairs including a primary suite with renovated en-suite. The fully permitted lower-level ADU features a private entrance and full kitchen, ideal for multigenerational living, guests, or income potential (ask about strong Airbnb history producing approx. $35,000 annually). Additional updates include two new HVAC systems, exterior paint, landscaping and stonework, backyard fencing, EV charger and 240v outlet, driveway repair, garage improvements with drywall/shelving/bar, and a new washer/dryer combo. Enjoy a private backyard built for entertaining with a fire pit, garden beds, and bar area, plus a rare 5-car driveway with space for RV/toys. Walkable to parks, shops, restaurants, Whole Foods, New Seasons, Legacy Emanuel Hospital, and close to Alberta Arts, Mississippi Ave, Grant High, Moda Center, and the riverfront. A/C. Floorplans and full upgrades list available.

Getting Around

85
WalkingVery Walkable
49
TransitSome Transit
100
BikeBiker's Paradise

Schools

7/10
8/10
5/10
Jefferson High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Refrigerator,Gas Appliances,Microwave,Stainless Steel Appliance(s),Wine Cooler,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Separate Living Quarters Apartment Aux Living Unit

Bedroom1

  • Level: Lower
  • Area: 168

Bedroom2

  • Level: Upper
  • Area: 204

Bedroom3

  • Level: Main
  • Area: 121

Bedroom4

  • Level: Main
  • Area: 154

Bedroom5

  • Level: Lower
  • Area: 180

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 154

Features

  • Ceiling Fan(s),Butlers Pantry,Cook Island,Granite
  • Window features: Vinyl Frames
  • Flooring: Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,340
  • Total interior livable area: 3,340 sqft

Kitchen

  • Level: Main
  • Area: 195

Living Room

  • Level: Main
  • Area: 182

Master Bedroom

  • Features: Ensuite
  • Level: Upper
  • Area: 252

Property

Accessibility

  • Accessibility features: Garage On Main,Main Floor Bedroom Bath,Utility Room On Main,Accessibility

Details

  • Parcel number: R102043
  • Zoning: RM1

Features

  • Stories: 3
  • Patio & porch: Deck,Porch
  • Exterior features: Garden,Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: City,Territorial

Lot

  • Lot size: 6,098 sqft
  • Features: Level,Secluded,Trees,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,RV Access/Parking,Carport,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: 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
    EarthquakeVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
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 $5,005$60,060
Home Insurance *$189$2,268
Property Taxes $841$10,092
Electricity $303$3,637
Total$6,338$76,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$217,302/yr
40% on housing$190,140/yr
45% on housing$169,013/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

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 97212$301
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97212$330
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
2026-05-11Price change$995,000
2026-04-16Price change$1,020,000
2026-04-10Price change$1,030,000
2026-03-18Price change$1,040,000
2026-02-20Price change$1,045,000
2026-01-31Price change$1,050,000
2026-01-23Price change$1,085,000
2026-01-16Price change$1,095,000
2025-12-19Listed for sale$1,150,000
2019-02-04Sold$640,000
2019-01-04Pending sale$660,000
2018-11-26Listed for sale$660,000
2018-11-14Pending sale$660,000
2018-11-02Price change$660,000
2018-10-26Price change$699,000
2018-10-22Price change$710,000
2018-10-17Price change$725,000
2018-09-20Listed for sale$750,000
2014-08-28Sold$540,000
2014-07-01Listed for sale$549,900
2006-12-15Sold$468,000
2006-01-13Sold$310,000

For Sale by Agent

AgentJacob Serrill
BrokerageKelly Right Real Estate of Portland, LLC

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