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5905 N Minnesota Ave, Portland, OR, 97217

3beds
3baths
2,690sqft
$649,900
$242price/sqft
$4,226/moest. monthly cost
$169,040/yrincome needed

About This Home

Experience the character of this 1909 American Craftsman home, updated over time while retaining hallmark architectural details such as arched interior openings, picture rails, and multiple French doors. Situated on a southern exposure corner lot, the property benefits from uncommon spacing in this part of Portland, with neighboring homes set back more than 50 feet.The main residence offers 3 bedrooms and 2 bathrooms, along with defined living and dining areas consistent with early century Craftsman design. Exterior updates—including later brickwork, cedar shake, and an enclosed porch—add to the home’s unique presence.A standout feature is the detached 624 sq. ft. permitted ADU, providing a separate living space with a kitchen, dining area, full bathroom, and laundry. Its size and layout support a range of uses, including rental income, extended stay guests, multigenerational living, or dedicated workspace needs.Outdoor spaces include a welcoming front porch and a private backyard. With its combination of a sizable main home and a substantial detached ADU, this is one of the few offerings of its kind currently available in North Portland.For buyers exploring long term flexibility, the property’s configuration may offer potential for future separation of the main home and ADU into individually sellable parcels, subject to city requirements, utility connections, and applicable fees.

Getting Around

83
WalkingVery Walkable
54
TransitGood Transit
96
BikeBiker's Paradise

Schools

9/10
Beach Elementary SchoolGrades PK-50.6 mi
8/10
Ockley GreenGrades 6-80.1 mi
5/10
Jefferson High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1909

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Washer/Dryer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Fireplace features: Wood Burning Stove

Heating & Cooling

  • Heating features: Forced Air,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 2,690
  • Total interior livable area: 2,690 sqft

Property

Details

  • Parcel number: R226266
  • Zoning: RM3

Features

  • Stories: 2
  • Has view: Yes
  • View description: Seasonal,Territorial

Lot

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

Parking

  • Parking features: Off Street,Paved

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
  • 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 $3,286$39,432
Home Insurance *$144$1,728
Property Taxes $552$6,624
Electricity $244$2,929
Total$4,226$50,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,891/yr
40% on housing$126,780/yr
45% on housing$112,693/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

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 97217$224
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97217$279
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
2026-07-23Price change$649,900
2026-07-16Price change$689,900
2026-06-26Price change$699,900
2026-06-16Listed for sale$715,000
2025-02-12Listing removed$2,595
2025-01-25Price change$2,595
2022-11-21Price change$2,495
2022-10-27Listed for rent$2,695
1998-07-22Sold$60,000

For Sale by Agent

AgentJamie Girvin
BrokerageColdwell Banker Bain

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