10511 NW 3rd St, Portland, OR, 97231
About This Home
EXCELLENT MULTI-UNIT DENSITY POTENTIAL!High-upside opportunity to purchase 10511 alongside the off-market pocket listing directly next door. Property 10511 is a heavy fixer sold strictly AS-IS—ideal for a complete main-level remodel plus a basement ADU conversion with a private entrance.The neighboring property boasts a newly remodeled main level alongside a full basement prime for a second separate-entrance ADU conversion. Excellent setup for live-in restoration, multi-generational living, or long-term portfolio growth by creating 4 total units with private entrances across two parcels.Inquire with your agent for full package details and access to the neighboring pocket listing!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1908
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Storage Space,Unfinished
Bedroom2
- Level: Upper
- Area: 132
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Ceiling Fan(s)
- Window features: Wood Frames
Heating
- Heating features: Baseboard,Forced Air 95 Plus
Interior Area
- Total structure area: 1,054
- Total interior livable area: 1,054 sqft
Master Bedroom
- Level: Upper
- Area: 156
Property
Details
- Parcel number: R135003
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck,Porch
- Exterior features: Garden,Yard
- Fencing: Fenced
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Lot size: 6,098 sqft
- Features: Hilly,Secluded,Trees,SqFt 5000 to 6999
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
- Landslide
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 | $1,441 | $17,292 |
| Home Insurance * | $65 | $780 |
| Property Taxes | $242 | $2,904 |
| Electricity | $176 | $2,119 |
| Total | $1,924 | $23,088 |
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 |
|---|---|---|
| 2026-08-06 | Price change | $279,999 |
| 2026-07-23 | Listed for sale | $285,000 |
| 2008-10-09 | Sold | $200,000 |
| 1987-07-01 | Sold | $34,000 |
View on Zillow