




2040 N Rosa Parks Way, Portland, OR, 97217
About This Home
I open with a corner lot presence in the heart of Arbor Lodge, where natural light comes in from multiple sides and sets the tone the moment you step inside. My main level feels bright, comfortable, and easy to live in, with a layout that offers defined living and dining spaces while still maintaining a connected flow. The living room is anchored by a fireplace, creating a warm focal point, while the kitchen is designed for real life with ample cabinetry and solid surface countertops ready for everything from quick mornings to hosting friends. Two well proportioned bedrooms and a full bath on the main level make single level living a practical and appealing option. Downstairs, I expand in a way that adds real versatility. The finished basement features a spacious family room centered around a wood burning fireplace, creating a natural gathering space. A built in bar adds character and function, while extensive storage, a utility room, and a dedicated laundry area with sink keep everything organized and efficient. A gas furnace supports consistent heating and helps keep utility costs in check. Outside, the corner lot layout provides a sense of openness while still offering a fenced yard and patio space for relaxing or entertaining. The breezeway connects to a detached garage, an increasingly rare amenity and highly sought after, with additional driveway parking. The location brings everything together. Moments from Peninsula Park, where you can enjoy the historic rose garden, fountain, tennis courts, and open green space, and close to Arbor Lodge Park for playgrounds and outdoor escapes, you are also just minutes from the energy of Mississippi Avenue. Start mornings with brunch and coffee at Proud Mary Coffee, grab tacos from Por Qué No?, then stop by New Seasons Market for groceries and essentials on your way home.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1948
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Brick,Lap Siding,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Range,Microwave,Stainless Steel Appliance(s),Electric Water Heater,Tank Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedroom2
- Level: Main
- Area: 130
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 63
Family Room
- Features: Fireplace
- Level: Lower
- Area: 312
Features
- Hookup Available,Sink,Ceiling Fan(s),Tile
- Window features: Double Pane Windows,Vinyl Frames
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: None
Interior Area
- Total structure area: 1,793
- Total interior livable area: 1,793 sqft
Kitchen
- Features: Dishwasher, Microwave,Free Standing Range, Solid Surface Countertop
- Level: Main
- Area: 126
Living Room
- Features: Ceiling Fan, Fireplace
- Level: Main
- Area: 260
Master Bedroom
- Level: Main
- Area: 132
Property
Accessibility
- Accessibility features: Garage On Main,Ground Level,Main Floor Bedroom Bath,Minimal Steps,Natural Lighting,Accessibility
Details
- Parcel number: R233811
- Zoning: RM2
Features
- Levels: One
- Stories: 2
- Patio & porch: Patio
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 4,791 sqft
- Features: Corner Lot,Level,Trees,SqFt 3000 to 4999
- Lot size dimensions: 50 x 100
Parking
- Total spaces: 1
- Parking features: Driveway,Garage Door Opener,Detached
- 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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,628 | $31,536 |
| Home Insurance * | $115 | $1,380 |
| Property Taxes | $441 | $5,292 |
| Electricity | $176 | $2,119 |
| Total | $3,360 | $40,320 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $549,900 |
| 1993-09-14 | Sold | $51,000 |
For Sale by Agent
