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1630-1632 NE 81st Ave, Portland, OR, 97213

4beds
2baths
1,560sqft
$530,000
$340price/sqft
$3,428/moest. monthly cost
$137,120/yrincome needed

About This Home

Well-maintained Midcentury Portland duplex offering strong income potential in an accessible location. Each unit features a functional 2-bedroom, 1-bath layout with hardwood flooring, private entrances, and dedicated 1-car garages for each tenant—a rare and highly desirable amenity. Tucked just off the main road and positioned between major highways, the property offers convenient access to shopping, dining, public transit, and commuter routes while maintaining a sense of separation from traffic. Ideal for long-term hold, house hacking, or adding a solid duplex to your rental portfolio. Trustee is a licensed real estate agent in Oregon.

Getting Around

59
WalkingSomewhat Walkable
67
TransitGood Transit
80
BikeVery Bikeable

Schools

6/10
Lee Elementary SchoolGrades K-50.6 mi
6/10
Roseway Heights SchoolGrades 6-80.7 mi
4/10

Construction

Condition

  • Property condition: Existing
  • Year built: 1962

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 1,560
  • Total interior livable area: 1,560 sqft

Property

Details

  • Parcel number: R194141
  • Zoning: RM1

Features

  • Stories: 1

Lot

  • Features: SqFt 5000 to 6999

Parking

  • Total spaces: 2
  • Parking features: Driveway,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 $2,679$32,148
Home Insurance *$123$1,476
Property Taxes $450$5,400
Electricity $176$2,119
Total$3,428$41,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,531/yr
40% on housing$102,840/yr
45% on housing$91,413/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

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 97213$224
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97213$290
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
2026-01-31Listed for sale$530,000
2024-11-15Listing removed$1,645
2024-11-14Listed for rent$1,645
2021-10-29Sold$495,000
2014-08-22Sold$214,060
2014-07-14Pending sale$219,900
2014-06-06Price change$219,900
2014-05-19Listed for sale$229,900
2014-05-16Pending sale$229,900
2014-05-11Listed for sale$229,900
2014-05-03Pending sale$229,900
2014-04-03Price change$229,900
2014-03-29Listed for sale$234,950
2014-02-26Pending sale$234,950
2013-11-16Listed for sale$234,950
2005-08-31Sold$215,000
2000-12-15Sold$144,000
1997-04-28Sold$139,000

For Sale by Agent

AgentLillie Barr
BrokerageeXp Realty, LLC

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