16121 NE San Rafael St, Portland, OR, 97230
About This Home
One-of-a-kind custom-built home situated on a corner lot and offering two separate legal lots with future potential. With nearly 5,000 square feet, this spacious residence truly has room for it all. Enjoy RV parking either alongside the home or inside the oversized bay garage, ideal for recreational vehicles, boats, or additional storage. The fully fenced back and side yard provides a private, country-style atmosphere—right in the heart of the city. The daylight basement features a wet bar and, with the addition of a few appliances, can easily function as a separate kitchen, making it ideal for multi-family living or a mother-in-law suite. This home is permitted for short-term rental and is currently being used as one, and the permit will transfer with the sale, allowing new owners to operate an Airbnb immediately. With multiple living options, income potential, and development opportunities, this property offers endless possibilities and is truly a must-see.
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Approximately
- Year built: 1989
Materials
- Foundation: Concrete Perimeter,Slab
- Roof: Composition
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Daylight
Bedroom2
- Features: Deck
- Level: Upper
- Area: 120
Bedroom3
- Features: Bay Window
- Level: Upper
- Area: 144
Bedroom4
- Features: Bay Window
- Level: Lower
Bedroom5
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
Dining Room
- Features: Builtin Features
- Level: Main
Family Room
- Features: Fireplace, Great Room,Wet Bar
- Level: Main
Features
- Central Vacuum,Granite,Built-in Features,Great Room,Wet Bar,Eat Bar,Kitchen Island,Suite,Tile
- Window features: Bay Window(s)
- Flooring: Hardwood,Tile
- Fireplace features: Gas,Wood Burning
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 4,809
- Total interior livable area: 4,809 sqft
Kitchen
- Features: Eat Bar, Hardwood Floors, Island
- Level: Main
Living Room
- Features: Fireplace
- Level: Main
Master Bedroom
- Features: Deck,Suite
- Level: Upper
- Area: 294
Property
Details
- Parcel number: R258281
Features
- Levels: Two
- Stories: 3
- Patio & porch: Covered Patio,Deck
- Exterior features: On Site Storm water Management,RV Hookup,Yard
- Has spa: Yes
- Spa features: Builtin Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 6,969 sqft
- Features: Corner Lot,Level,Private,Secluded,SqFt 20000 to Acres1
- Lot size dimensions: size for Both Lots
Parking
- Total spaces: 6
- Parking features: Driveway,RV Access/Parking,RV Boat Storage,Garage Door Opener,Attached,Extra Deep Garage,Oversized
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 6
- 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
- Cold Wave
- Heat Wave
- Winter Weather
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 | $5,056 | $60,672 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $1,929 | $23,148 |
| Electricity | $436 | $5,237 |
| Total | $7,661 | $91,932 |
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 |
|---|---|---|
| 2026-05-02 | Price change | $999,990 |
| 2026-04-02 | Price change | $890,000 |
| 2026-01-06 | Listed for sale | $949,900 |
| 2025-07-30 | Listing removed | $8,500 |
| 2025-07-09 | Listed for rent | $8,500 |
| 2024-11-23 | Listing removed | $6,750 |
| 2024-11-13 | Listed for rent | $6,750 |
| 2019-05-08 | Listing removed | $3,250 |
| 2019-04-07 | Price change | $3,250 |
| 2019-03-22 | Listed for rent | $3,500 |
| 2019-03-20 | Listing removed | $575,000 |
| 2019-01-01 | Price change | $575,000 |
| 2018-10-29 | Listing removed | $4,500 |
| 2018-10-25 | Price change | $4,500 |
| 2018-10-22 | Listed for rent | $3,500 |
| 2018-09-11 | Price change | $599,950 |
| 2018-09-06 | Listed for sale | $649,950 |
| 2018-03-30 | Listing removed | $589,900 |
| 2018-03-01 | Price change | $589,900 |
| 2018-01-19 | Listed for sale | $599,000 |
| 2017-09-29 | Sold | $375,240 |
| 2017-06-24 | Sold | $420,000 |
| 2017-01-26 | Sold | $52,000 |
| 2016-12-22 | Price change | $499,000 |
| 2016-12-07 | Price change | $529,000 |
| 2016-12-01 | Listed for sale | $569,900 |
| 2015-08-11 | Listing removed | $499,000 |
| 2006-11-02 | Sold | $418,600 |
| 1999-01-06 | Sold | $360,000 |
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