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623 N Tomahawk Island Dr, Portland, OR, 97217

2beds
2baths
2,046sqft
$360,000
$176price/sqft
$2,656/moest. monthly cost
$106,240/yrincome needed

About This Home

MOTIVATED SELLER!!! Welcome home to this inviting townhouse located in the Riverhouse Condominiums on Hayden Island. This unit is nestled along a beautiful treelined street and has views of Hayden Bay & the marina. Love the idea of relaxed island life? This may be it! Inside you'll immediately feel at home when you walk in. Slate floor entry, and a living room with beamed ceilings & a gas fireplace that's open to a large kitchen. Plenty of room to entertain guests with the large granite island, lots of cabinet storage, a prep sink PLUS a wet bar with wine fridge, all open to the living room. The family room tucked around the corner from the kitchen, is a light & bright room with built-ins & hardwood floors. With a full bathroom & laundry just down the hall, this room could be used as a flex room if desired. Upstairs you'll find the primary bedroom with luxury vinyl plank floors, a romantic gas fireplace & french doors out to the balcony with a view. You'll find yourself in awe of the luxury bathroom upstairs, which features a large walk-in tile shower with steam/sauna function, dual sinks, jetted tub, heated tile floors & built-in speakers. The 2nd bedroom upstairs also has luxury vinyl plank flooring & built-ins. Steps away you'll also find the den/office with a built-in desk system with storage, along with lots of great natural light, making this the perfect home office space. Step outside and enjoy some quiet time & a beverage on the large deck that looks over the beautiful common grounds & Hayden Bay. From the backyard take the stairway down to the walking path & go checkout the community pool & clubhouse. HOA covers water, sewer, garbage, maintenance, plus clubhouse & pool amenities, making this a low-key, low maintenance, island lifestyle!! HURRY TO TAKE ADVANTAGE OF THIS AMAZING PRICE.

Getting Around

19
WalkingCar-Dependent
47
TransitSome Transit
53
BikeBikeable

Schools

6/10
Faubion Elementary SchoolGrades PK-83.2 mi
5/10
Jefferson High SchoolGrades 9-123.2 mi
2/10
Roosevelt High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1972

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cedar,Shake Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Residential,Condominium,Townhouse

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Refrigerator,Dishwasher,Disposal,Down Draft,Gas Appliances,Stainless Steel Appliance(s),Wine Cooler,Washer/Dryer,Electric Water Heater,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Beamed Ceilings, Builtin Features,Vinyl Floor
  • Level: Upper

Bedrooms & Bathrooms

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

Dining Room

  • Features: Beamed Ceilings, Hardwood Floors, Nook
  • Level: Main

Family Room

  • Features: Beamed Ceilings, Builtin Features, Hardwood Floors
  • Level: Main

Features

  • Granite,Sound System,Vaulted Ceiling(s),Built-in Features,Sauna,Double Vanity,Walkin Shower,Beamed Ceilings,Nook,Sink,Wet Bar,Balcony,Cook Island
  • Door features: Sliding Doors,French Doors
  • Window features: Double Pane Windows,Vinyl Frames,Skylight(s)
  • Flooring: Hardwood,Heated Tile,Slate,Tile,Wall to Wall Carpet,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,046
  • Total interior livable area: 2,046 sqft

Kitchen

  • Features: Builtin Range, Builtin Refrigerator, Dishwasher, Gas Appliances, Hardwood Floors, Sliding Doors,Granite, Sink, Wet Bar
  • Level: Main

Living Room

  • Features: Beamed Ceilings, Builtin Features, Exterior Entry, Fireplace, Hardwood Floors
  • Level: Main

Master Bedroom

  • Features: Balcony, Beamed Ceilings, Builtin Features, Fireplace, French Doors,Vinyl Floor
  • Level: Upper

Property

Accessibility

  • Accessibility features: Utility Room On Main,Walkin Shower,Accessibility

Details

  • Parcel number: R256426

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Exterior Entry,Balcony
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • Has view: Yes
  • View description: Bay,River
  • Has water view: Yes
  • Water view: Bay,River
  • On waterfront: Yes
  • Waterfront features: Bay Front
  • Waterbody name: Columbia

Lot

  • Features: Commons,Gentle Sloping,Level

Parking

  • Total spaces: 2
  • Parking features: Carport,Off Street,Condo Garage (Undeeded),Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: 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
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Ice Storm

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 $1,820$21,840
Home Insurance *$79$948
Property Taxes $572$6,864
Electricity $185$2,228
Total$2,656$31,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,062/yr
40% on housing$79,680/yr
45% on housing$70,826/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

$176This 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
2026-05-03Price change$360,000
2026-04-14Price change$380,000
2026-04-09Price change$395,000
2026-01-14Price change$400,000
2025-11-18Price change$450,000
2025-10-22Listed for sale$475,000
2020-05-11Sold$330,000
2020-03-25Pending sale$327,060
2020-03-20Price change$327,060
2020-02-14Price change$363,400
2020-01-14Listed for sale$395,000
2019-11-21Sold$255,630
2019-04-12Listing removed$475,000
2019-03-29Price change$475,000
2018-11-01Listed for sale$480,000
2010-04-04Listing removed$575,000
2010-03-20Listed for sale$575,000
2001-08-17Sold$140,000

For Sale by Agent

AgentStaci Davis
BrokerageKey Realty

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