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1015 NE 60th Ave, Portland, OR, 97213

2beds
1baths
1,163sqft
$379,900
$327price/sqft
$2,506/moest. monthly cost
$100,240/yrincome needed

About This Home

Open SAT 4/25 from 1-3. Exceptional Northeast Portland opportunity offering versatility, location, and long-term upside. Build multifamily or mixed use. This property stands on its own as a compelling purchase for investors, builders, and buyers looking for future potential, while also being part of a rare adjacent-property opportunity for those seeking a larger strategic play. Ideal for portfolio expansion, redevelopment vision, or land banking in an established neighborhood, the property offers strong positioning in a sought-after area close to dining, shopping, parks, transit, and major thoroughfares. Whether the goal is immediate use, income potential, or future redevelopment exploration, this is a property with multiple avenues for value creation. Buyer to verify all uses, zoning, development potential, and property information.With oversized yards and valuable land positioning, this offering presents strong development upside in a highly sought-after location. Each home retains original finishes and character, creating immediate rental income potential while future plans are realized.Ideal for investors seeking cash flow and long-term appreciation, or builders looking to capitalize on a rare multi-parcel opportunity in an established neighborhood. For first-time homebuyers, this also presents a unique chance to secure a property with income potential or future growth.Located in one of Northeast Portland’s most desirable areas, just moments from local dining, shopping, parks, and major thoroughfares.

Getting Around

68
WalkingSomewhat Walkable
67
TransitGood Transit
90
BikeBiker's Paradise

Schools

10/10
Rose City ParkGrades K-50.6 mi
6/10
Roseway Heights SchoolGrades 6-81.2 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Range Hood,Stainless Steel Appliance(s),Washer/Dryer

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Family Room

  • Level: Main

Features

  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,163
  • Total interior livable area: 1,163 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

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

Details

  • Parcel number: R226107
  • Zoning: RM2MU-N

Features

  • Stories: 1
  • Exterior features: Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,227 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
    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 $1,920$23,040
Home Insurance *$88$1,056
Property Taxes $322$3,864
Electricity $176$2,119
Total$2,506$30,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,920/yr
40% on housing$75,180/yr
45% on housing$66,826/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 97213$226
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
2026-04-18Listed for sale$389,900
2019-07-11Listing removed$1,795
2019-06-18Price change$1,795
2019-04-21Listed for rent$1,980
1998-03-10Sold$98,210

For Sale by Agent

AgentLeanne Ishibashi
BrokerageWorks Real Estate

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