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9316 SW 8th Dr, Portland, OR, 97219

4beds
2baths
2,304sqft
$627,500
$272price/sqft
$4,056/moest. monthly cost
$162,240/yrincome needed

About This Home

ATTENTION HOUSE HACKERS…Nestled on a private 1/3-acre lot in a quiet, tree-lined neighborhood, this versatile property offers exceptional dual-living potential with separate-entry upper and lower living spaces—ideal for multi-generational living, rental income, or extended guest use. The lower unit is currently leased at $1,960/month. Both the upper and lower levels feature nearly identical layouts, each offering 2 bedrooms, 1 full bath, kitchen, dining area, living room with fireplace, and laundry area. The home also features a durable metal roof. A standout feature of the property is the impressive, detached workshop, designed for hobbyists, woodworkers, mechanics, or car enthusiasts. The shop features 12’ ceilings, a finished interior, wood stove heat, built-in cabinetry, compressed air, 220 wiring, abundant storage, and a 10x16 garage door. The upper-level features vaulted beamed ceilings, skylights, and slider access to the expansive approx. 1,000 sq ft redwood deck with natural gas BBQ hookup. The lower level also offers private outdoor access. Conveniently located near Marshall Park, shopping, restaurants, and I-5 access. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10219385]

Getting Around

36
WalkingCar-Dependent
38
TransitSome Transit
55
BikeBikeable

Schools

9/10
8/10
Jackson Middle SchoolGrades 6-81.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Metal
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bedroom2

  • Features: Closet, Wallto Wall Carpet
  • Level: Main
  • Area: 117

Bedroom3

  • Features: Closet, Wallto Wall Carpet
  • Level: Lower
  • Area: 117

Bedroom4

  • Features: Closet, Wallto Wall Carpet
  • Level: Lower
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Sliding Doors
  • Level: Main
  • Area: 108

Family Room

  • Features: Ceiling Fan, Fireplace, Sliding Doors,Wallto Wall Carpet
  • Level: Lower
  • Area: 221

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Closet,Beamed Ceilings
  • Door features: Sliding Doors
  • Window features: Storm Window(s),Skylight(s)
  • Flooring: Vinyl,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating

  • Heating features: Baseboard,Fireplace(s)

Interior Area

  • Total structure area: 2,304
  • Total interior livable area: 2,304 sqft

Kitchen

  • Features: Dishwasher, Disposal,Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 162

Living Room

  • Features: Beamed Ceilings, Ceiling Fan, Fireplace, Skylight,Vaulted Ceiling, Wallto Wall Carpet
  • Level: Main
  • Area: 252

Master Bedroom

  • Features: Closet, Wallto Wall Carpet
  • Level: Main
  • Area: 130

Property

Details

  • Parcel number: R227953

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Patio & porch: Covered Deck,Deck,Patio
  • Exterior features: Gas Hookup,Yard
  • Has spa: Yes
  • Spa features: Free Standing Hot Tub
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 0.37 Acres
  • Features: Hilly,Private,Secluded,Trees,Sprinkler,SqFt 15000 to 19999

Parking

  • Total spaces: 2
  • Parking features: Driveway,RV Access/Parking,Attached
  • 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
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

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 $3,172$38,064
Home Insurance *$142$1,704
Property Taxes $533$6,396
Electricity $209$2,509
Total$4,056$48,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,062/yr
40% on housing$121,680/yr
45% on housing$108,160/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

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$271
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97219$312
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
2026-07-30Price change$627,500
2026-06-17Price change$649,900
2026-06-07Price change$699,900
2026-05-30Price change$725,000
2026-05-24Listed for sale$759,000
2024-12-17Listing removed$1,795
2024-12-08Price change$1,795
2024-11-24Price change$1,985
2024-10-09Price change$2,345
2024-09-30Price change$2,495
2024-09-13Price change$2,345
2024-08-28Listed for rent$1,980
2021-05-19Listing removed--
2021-05-08Price change$1,800
2021-05-03Price change$1,700
2021-04-26Price change$1,800
2021-04-05Listed for rent$2,225
2021-03-24Listing removed--
2020-04-30Listing removed$1,900
2020-04-22Listed for rent$1,900
2015-10-19Listing removed$435,000
2015-08-06Listed for sale$435,000

For Sale by Agent

AgentDavid Raines
Brokerage24/7 Properties

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