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1609 SE 148th Ave, Portland, OR, 97233

3beds
2baths
1,380sqft
$385,000
$279price/sqft
$2,962/moest. monthly cost
$118,480/yrincome needed

About This Home

Welcome to this nicely updated 1,380 sq ft home offering comfort, functionality, and space to enjoy both inside and out! Featuring all new laminate flooring throughout, this home is move-in ready with a fresh, modern homey feel, close to shopping and restaurants. The great sized primary suite includes its own private ensuite and a walk-in closet, creating a wonderful feel and retreat to relax into. Home has laminate flooring, and all new vinyl windows. Two additional bedrooms are well-sized and share a conveniently located hall bath updated with new tile floor and vanity. The kitchen is the center of the home opening to both the family room and dining area—ideal for everyday living and entertaining. A separate, oversized living room with vaulted ceilings provides a large space for gatherings, filled with natural light and an open, airy feel. You’ll also appreciate the added pantry, extra storage, and a dedicated utility room for ease of living. Step outside to a large backyard with plenty of room for all your needs—including space for boat or RV parking. The covered back deck is perfect for year-round BBQs, entertaining, or simply relaxing. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10226518]

Getting Around

51
WalkingSomewhat Walkable
42
TransitSome Transit
77
BikeVery Bikeable

Schools

6/10
1/10
Oliver MiddleGrades 6-80.6 mi
4/10
Centennial High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1944

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Daylight,Closet, Laminate Flooring
  • Level: Main
  • Area: 96

Bedroom3

  • Features: Daylight,Closet, Laminate Flooring
  • Level: Main
  • Area: 104

Bedrooms & Bathrooms

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

Dining Room

  • Features: Daylight,Laminate Flooring
  • Level: Main
  • Area: 104

Family Room

  • Level: Main

Features

  • Ceiling Fan(s),High Speed Internet,Vaulted Ceiling(s),Closet,Granite,Tile
  • Window features: Vinyl Frames,Daylight
  • Flooring: Laminate,Tile

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,380
  • Total interior livable area: 1,380 sqft

Kitchen

  • Features: Disposal,Free Standing Range, Free Standing Refrigerator, Tile Floor
  • Level: Main
  • Area: 135

Living Room

  • Features: Daylight, Exterior Entry,Laminate Flooring
  • Level: Main
  • Area: 210

Master Bedroom

  • Features: Daylight,Ensuite, Laminate Flooring
  • Level: Main
  • Area: 182

Property

Accessibility

  • Accessibility features: Main Floor Bedroom Bath,Natural Lighting,One Level,Accessibility

Details

  • Parcel number: R225537

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Deck
  • Exterior features: Yard,Exterior Entry
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 8,276 sqft
  • Features: Level,Trees,SqFt 7000 to 9999

Parking

  • Parking features: Driveway,RV Access/Parking,Garage Available
  • 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

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
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 $1,946$23,352
Home Insurance *$94$1,128
Property Taxes $746$8,952
Electricity $176$2,119
Total$2,962$35,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,554/yr
40% on housing$88,860/yr
45% on housing$78,986/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

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 97233$177
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97233$264
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
2026-04-20Listed for sale$419,000
2024-04-12Sold$348,000
2024-03-13Pending sale$348,000
2024-03-05Price change$348,000
2024-02-14Price change$354,000
2024-02-07Pending sale$357,000
2024-01-02Listed for sale$357,000
2021-01-13Listing removed--
2021-01-06Listed for rent$1,950
2021-01-04Listing removed$309,000
2020-12-25Pending sale$309,000
2020-12-05Price change$309,000
2020-11-16Listed for sale$319,900
2020-11-13Pending sale$319,900
2020-10-29Listed for sale$319,900
2020-08-04Listing removed$1,900
2020-07-21Listed for rent$1,900
2020-07-21Listing removed$319,999
2020-06-12Price change$319,999
2020-06-01Price change$350,000
2020-05-26Listed for sale$349,900
2019-01-22Listing removed$1,800
2018-12-25Listed for rent$1,800
2018-11-09Listing removed$1,800
2018-08-16Listed for rent$1,800
2016-09-24Listing removed$259,900
2010-09-03Sold$140,000
2010-01-15Sold$91,000
2006-09-15Sold$188,000

For Sale by Agent

AgentDenise Crane
BrokerageRE/MAX Advantage Group

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