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3431 NE 132nd Ave, Portland, OR, 97230

3beds
2baths
1,161sqft
$460,000
$396price/sqft
$3,493/moest. monthly cost
$139,720/yrincome needed

About This Home

Darling mid-century ranch on a spacious corner lot in the sought-after Argay Terrace neighborhood! This well-maintained 3-bedroom, 1.5-bath home offers timeless character with gleaming oak hardwood floors, abundant natural light, and a functional single-level layout. The updated kitchen features granite countertops, stainless steel appliances, a gas cooktop, convection wall oven, two pantries, and vintage cabinetry with plenty of storage. Relax by the wood-burning fireplace or enjoy the fully fenced backyard with a covered patio, porch, sprinkler system, and Tuff Shed—perfect for outdoor entertaining or everyday living. The attached garage has been converted into a versatile bonus space (not included in the home's square footage), offering flexibility for a home office, gym or hobby room or converted back. Conveniently located near parks, shopping, dining, schools, and freeway access. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249586]

Getting Around

42
WalkingCar-Dependent
38
TransitSome Transit
51
BikeBikeable

Schools

2/10
Shaver Elementary SchoolGrades K-50.2 mi
2/10
Parkrose Middle SchoolGrades 6-80.7 mi
3/10
Parkrose High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1962

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Brick,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Convection Oven,Cooktop,Dishwasher,Down Draft,Free-Standing Refrigerator,Gas Appliances,Microwave,Plumbed For Ice Maker,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Hardwood Floors,Closet
  • Level: Main

Bedroom3

  • Features: Hardwood Floors,Closet
  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Features: Hardwood Floors, Sliding Doors
  • Level: Main

Features

  • Ceiling Fan(s),Granite,High Speed Internet,Closet,Pantry,Bathroom
  • Door features: Storm Door(s),Sliding Doors
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood,Tile,Wall to Wall Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,161
  • Total interior livable area: 1,161 sqft

Kitchen

  • Features: Dishwasher, Down Draft, Gas Appliances, Microwave, Pantry,Builtin Oven, Convection Oven, Free Standing Refrigerator, Granite, Tile Floor
  • Level: Main

Living Room

  • Features: Fireplace, Hardwood Floors
  • Level: Main

Master Bedroom

  • Features: Bathroom, Hardwood Floors,Closet
  • Level: Main

Property

Accessibility

  • Accessibility features: One Level,Accessibility

Details

  • Parcel number: R146749
  • Zoning: R7

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio,Porch
  • Exterior features: Yard
  • Fencing: Fenced
  • Waterfront features: Boat Only Access

Lot

  • Lot size: 7,405 sqft
  • Features: Corner Lot,Level,Sprinkler,SqFt 7000 to 9999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Off Street,Converted Garage
  • 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

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 $2,326$27,912
Home Insurance *$110$1,320
Property Taxes $881$10,572
Electricity $176$2,119
Total$3,493$41,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,760/yr
40% on housing$104,790/yr
45% on housing$93,146/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

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 97230$193
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97230$266
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
2026-07-25Listed for sale$460,000
2026-07-19Pending sale$460,000
2026-07-09Listed for sale$460,000
2015-12-01Sold$267,000
2015-10-30Pending sale$269,960
2015-09-18Listed for sale$269,960
2007-02-27Sold$256,000
2006-06-08Sold$224,950

For Sale by Agent

AgentChandler Schur
BrokerageLovejoy Real Estate

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