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3206 SE 87th Ave, Portland, OR, 97266

4beds
3baths
2,096sqft
$459,800
$219price/sqft
$3,019/moest. monthly cost
$120,760/yrincome needed

About This Home

Updated Bungalow with Finished Basement & Flexible Layout. This 4-bedroom, 3-bath home offers a blend of classic character and recent updates in a convenient SE Portland location. The main level features a comfortable living area with a fireplace and an easy flow into the kitchen and dining spaces.The recently finished basement adds valuable living space with LVP flooring, an additional bedroom and full bath, and flexibility for guests, work-from-home, or multi-generational living.Recent updates include fresh exterior paint and new landscaping, enhancing curb appeal and outdoor enjoyment. Situated on a manageable lot and located near parks, shopping, and commuter routes.A solid opportunity for buyers seeking space, and versatility.

Getting Around

80
WalkingVery Walkable
56
TransitGood Transit
87
BikeVery Bikeable

Schools

9/10
Harrison Park SchoolGrades K-80.6 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1925

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Shake Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Refrigerator,Dishwasher,Disposal,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Lower

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Floor 3rd,Granite
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Tile,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Wood Stove
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 2,096
  • Total interior livable area: 2,096 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Bathroom Cabinets,Minimal Steps,Natural Lighting,Parking,Accessibility

Details

  • Parcel number: R193490

Features

  • Stories: 3
  • Exterior features: Yard
  • Fencing: Fenced

Lot

  • Features: Level,SqFt 3000 to 4999

Parking

  • Parking features: Driveway
  • 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 $2,324$27,888
Home Insurance *$115$1,380
Property Taxes $390$4,680
Electricity $190$2,282
Total$3,019$36,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,508/yr
40% on housing$90,570/yr
45% on housing$80,506/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

$219This listing

vs Other Active Listings

Avg $/sqft

ZIP 97266$252
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97266$282
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

No price history available

For Sale by Agent

AgentHaitao Zhang
BrokeragePremiere Property Group, LLC

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