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2945 NE 57th Ave, Portland, OR, 97213

6beds
4baths
3,051sqft
$939,999
$308price/sqft
$6,045/moest. monthly cost
$241,800/yrincome needed

About This Home

LEASE OPTION AVAILABLE...This fully rebuilt home in Portland’s desirable Rose City Park neighborhood offers exceptional flexibility for a variety of living arrangements. The property has been renovated down to the studs with all new systems, finishes and mechanical, making it essentially a brand-new home.With 6 bedrooms and 3.5 bathrooms across three levels, the layout is ideal for multi-generational living, shared housing, or organizations seeking a well-designed residential property for group living. The spacious common areas and thoughtful bedroom distribution allow for comfortable shared living while maintaining privacy.The lower level features separate exterior access and a kitchenette, making it ideal for extended family, guests, or potential rental income.Located in the heart of Rose City Park, this home combines the charm of a historic Portland neighborhood with the reliability and comfort of completely modern construction and systems.A rare opportunity for buyers or operators seeking a large, turnkey home designed for flexible living arrangements and potential income-producing use.

Getting Around

81
WalkingVery Walkable
43
TransitSome Transit
98
BikeBiker's Paradise

Schools

10/10
10/10
Beaumont Middle SchoolGrades 6-80.9 mi
9/10
Grant High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1914

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Wood Composite

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Refrigerator,Disposal,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom1

  • Level: Lower

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 3,051
  • Total interior livable area: 3,051 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R259943

Features

  • Stories: 3

Lot

  • Lot size: 5,227 sqft
  • Features: Level,On Busline,SqFt 5000 to 6999
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 1
  • Parking features: Driveway,On Street,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
    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 $4,753$57,036
Home Insurance *$218$2,616
Property Taxes $798$9,576
Electricity $276$3,322
Total$6,045$72,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,257/yr
40% on housing$181,350/yr
45% on housing$161,200/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

$308This listing

vs Other Active Listings

Avg $/sqft

ZIP 97213$223
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97213$290
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
2026-05-13Price change$1,075,000
2026-05-09Listing removed$5,500
2026-05-04Listed for sale$1,100,000
2026-04-10Price change$5,500
2026-04-01Price change$6,000
2026-03-31Price change$7,000
2026-03-21Price change$6,000
2026-03-09Price change$6,500
2026-03-06Price change$7,000
2026-03-05Listed for rent$7,500
2025-04-15Sold$520,000
2025-02-08Pending sale$539,000
2025-01-29Price change$539,000
2024-12-13Price change$555,000
2024-10-02Price change$565,000
2024-09-10Price change$575,000
2024-08-13Price change$599,000
2024-06-27Listed for sale$609,000
2011-07-28Sold$159,000
1998-11-30Sold$159,000

For Sale by Agent

AgentJoshua Svaren
BrokerageSvaren Realty

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