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3622 NE 8th Ave, Portland, OR, 97212

2beds
1baths
928sqft
$280,000
$302price/sqft
$1,882/moest. monthly cost
$75,280/yrincome needed

About This Home

Huge opportunity in the desirable Irvington/Sabin neighborhood! Prime real estate location with endless potential—ideal for investors or developers. Options abound: renovate current home, build your luxury dream home or develop your ideal investment property. Rare chance to create value in one of Portland’s most sought-after communities close to shops, restaurants, parks, and transit. Buyer to perform all due diligence regarding development possibilities

Getting Around

88
WalkingVery Walkable
51
TransitGood Transit
93
BikeBiker's Paradise

Schools

9/10
Sabin Elementary SchoolGrades PK-50.5 mi
8/10
5/10
Jefferson High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1913

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Other,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

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

Interior Area

  • Total structure area: 928
  • Total interior livable area: 928 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: R207133

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Features: Level,SqFt 0K to 2999

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
    EarthquakeModerate
  • 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 $1,415$16,980
Home Insurance *$53$636
Property Taxes $238$2,856
Electricity $176$2,119
Total$1,882$22,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,525/yr
40% on housing$56,460/yr
45% on housing$50,186/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

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 97212$307
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97212$330
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)

No zestimate history available

Price History

DateEventPrice
2026-03-06Price change$340,000
2026-01-10Listed for sale$380,000

For Sale by Agent

AgentAndre Broadous
BrokerageKelly Right Real Estate of Portland, LLC

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