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5331-5333 NE 28th Ave, Portland, OR, 97211

4beds
3baths
2,244sqft
$675,000
$301price/sqft
$4,330/moest. monthly cost
$173,200/yrincome needed

About This Home

Cool Duplex in HOT location with lots of options. Upper unit is 2 bed, 2 bath with hardwood floors and great separation between the 2 bedrooms (2 suites) - layout could allow 1 bed/bath of this unit to be AirBnB (buyer to do all due diligence). Lower unit is 2 bed, 1 bath also with hardwood floors and bigger kitchen that opens to backyard. Both units have separate basement storage, laundry and electrical. Property sits on an Alley so there could be off street parking potential. Big yard. And one of the most desirable locations in the city - convenient to Alberta, Killingworth, Fernhill Park, Kennedy School, New Seasons, The newest/best bars and so much more. Roof (2023), Recent exterior & interior Paint (2022 exterior/2026 interior), Lower unit forced air gas, upper unit Zonal electric heat, updated windows (most) (Also listed in Multifamily)

Getting Around

89
WalkingVery Walkable
49
TransitSome Transit
98
BikeBiker's Paradise

Schools

9/10
Vernon Elementary SchoolGrades PK-80.3 mi
5/10
Jefferson High SchoolGrades 9-121.7 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1909

Materials

  • Roof: Composition
  • Construction materials: Shake Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Washer/Dryer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Upper
  • Area: 144

Bedroom3

  • Level: Main
  • Area: 144

Bedroom4

  • Level: Main
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Family Room

  • Level: Main
  • Area: 330

Features

  • Suite,Walk-In Closet(s)
  • Flooring: Hardwood,Wood

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,244
  • Total interior livable area: 2,244 sqft

Kitchen

  • Level: Upper
  • Area: 90

Living Room

  • Level: Upper
  • Area: 330

Master Bedroom

  • Features: Suite, Walkin Closet
  • Level: Upper
  • Area: 144

Property

Details

  • Parcel number: R186401

Features

  • Stories: 2
  • Exterior features: Yard

Lot

  • Lot size: 3,920 sqft
  • Features: Level,SqFt 3000 to 4999

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $3,413$40,956
Home Insurance *$141$1,692
Property Taxes $573$6,876
Electricity $203$2,443
Total$4,330$51,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,457/yr
40% on housing$129,900/yr
45% on housing$115,466/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

$301This listing

vs Other Active Listings

Avg $/sqft

ZIP 97211$258
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97211$294
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
2026-07-29Price change$675,000
2026-07-17Price change$685,000
2026-06-19Price change$695,000
2026-06-03Listed for sale$714,500
2002-06-14Sold$195,000
2002-04-18Sold$127,000

For Sale by Agent

AgentAimee Virnig
BrokerageWindermere Realty Trust

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