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15120 SE Franklin St, Portland, OR, 97236

3beds
3baths
2,403sqft
$549,900
$229price/sqft
$4,202/moest. monthly cost
$168,080/yrincome needed

About This Home

This lovingly maintained home offers modern updates and versatile living spaces throughout. The fully remodeled 2021 kitchen features quartz countertops, new cabinetry, updated fixtures, and stainless-steel appliances — plus a charming eating nook and lounge area. The kitchen opens seamlessly to the dining and living room spaces, creating an inviting open floorplan feel. A coffee bar and additional cabinets off the dining area provide extra room for kitchen storage and functionality.Upstairs you’ll find luxury vinyl flooring.Lower level has a convenient laundry room with new cabinets and counters. The lower level includes a spacious family room with a fireplace & a 3rd lower level bedroom and bathroom are ideal for multi-generational living. Enjoy year-round comfort with newer air conditioning, PEX plumbing, and a freshly repainted exterior with new gutters. House has redwood cedar siding and 3-foot overhang rafters. Relax outdoors on the newer covered deck, and take advantage of the oversized two-car garage with a workbench and storage. Located on a quiet end street, this home offers both privacy and practicality — truly move-in ready with thoughtful updates and exceptional care throughout. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242733]

Getting Around

48
WalkingCar-Dependent
45
TransitSome Transit
74
BikeVery Bikeable

Schools

1/10
3/10
Centennial Middle SchoolGrades 6-81.4 mi
4/10
Centennial High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1970

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cedar

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Range,Convection Oven,Dishwasher,Disposal,Microwave,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Main
  • Area: 110

Bedroom3

  • Level: Lower
  • Area: 126

Bedrooms & Bathrooms

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

Dining Room

  • Features: Formal,Quartz
  • Level: Main
  • Area: 120

Family Room

  • Level: Main
  • Area: 255

Features

  • Formal,Quartz,Balcony,Bathtub With Shower,Closet,Tile
  • Window features: Aluminum Frames,Bay Window(s)
  • Flooring: Vinyl,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas,Insert
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,403
  • Total interior livable area: 2,403 sqft

Kitchen

  • Features: Builtin Range, Dishwasher, Disposal,Builtin Oven
  • Level: Main
  • Area: 150

Living Room

  • Features: Balcony, Bay Window, Fireplace,Bathtub With Shower, Closet
  • Level: Main
  • Area: 288

Master Bedroom

  • Features: Bathtub With Shower
  • Level: Main
  • Area: 130

Office

  • Level: Main
  • Area: 48

Property

Details

  • Parcel number: R129346

Features

  • Levels: Multi/Split
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Balcony

Lot

  • Lot size: 0.26 Acres
  • Features: Level,SqFt 10000 to 14999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 $2,780$33,360
Home Insurance *$138$1,656
Property Taxes $1,066$12,792
Electricity $218$2,616
Total$4,202$50,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,068/yr
40% on housing$126,060/yr
45% on housing$112,053/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

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 97236$185
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97236$261
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
2026-04-30Price change$565,000
2026-04-03Price change$575,000
2026-03-05Listed for sale$599,900
2026-01-18Listing removed$625,000
2025-11-13Listed for sale$625,000
2012-05-06Listing removed$229,899
2012-04-12Price change$229,899
2012-02-05Listed for sale$229,900
2011-12-06Listing removed$235,000
2011-06-05Price change$235,000
2011-02-06Price change$239,900
2010-01-03Listed for sale$255,500
1997-09-23Sold$157,000

For Sale by Agent

AgentAnne Stewart
BrokerageeXp Realty, LLC

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