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5156 SW Multnomah Blvd APT G, Portland, OR, 97219

2beds
2baths
984sqft
$275,000
$279price/sqft
$1,861/moest. monthly cost
$74,440/yrincome needed

About This Home

Tucked among the fir trees – Private, Peaceful, and Move-In Ready! Welcome to this beautifully maintained 2nd-floor condo, perfectly nestled in a serene, wooded setting where you can enjoy nature and even spot local wildlife right from your own private patio. Step inside to find warm bamboo flooring and a spacious living room featuring a cozy wood-burning fireplace—perfect for relaxing evenings. A fiberglass door leads you out to your private patio, creating a seamless indoor-outdoor flow in this tranquil setting. The versatile second bedroom features double doors, making it ideal as a guest room, office, or flex space. You’ll also appreciate the convenience of in-unit laundry, walk-in closets, and thoughtful storage throughout. This home has one designated parking space in front, visitor parking, and a private garage. A rare and valuable combination. The HOA is pet-friendly and allows rentals, offering flexibility for both homeowners and investors. Located just minutes from I-5, this home offers an easy commute while still feeling like a peaceful retreat. Even better—all appliances stay, making this a truly turnkey opportunity. Comfort, Convenience, and nature all in one—don’t miss your chance to own this special home! The HOA recently completed building and garage roofing, deck, attic, and siding repairs, and replaced piping in all of the Community's buildings.

Getting Around

42
WalkingCar-Dependent
28
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

10/10
8/10
Jackson Middle SchoolGrades 6-81.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1997

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater,Tank Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Pantry
  • Window features: Vinyl Frames
  • Flooring: Bamboo
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Interior Area

  • Total structure area: 984
  • Total interior livable area: 984 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R269038
  • Zoning: R7

Features

  • Levels: One
  • Stories: 2
  • Entry location: Upper Floor
  • Patio & porch: Covered Patio
  • Has view: Yes
  • View description: Territorial,Trees/Woods

Lot

  • Features: Wooded

Parking

  • Total spaces: 1
  • Parking features: Carport,Covered,Condo Garage (Undeeded),Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
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 $1,390$16,680
Home Insurance *$62$744
Property Taxes $233$2,796
Electricity $176$2,119
Total$1,861$22,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,805/yr
40% on housing$55,830/yr
45% on housing$49,626/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

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$273
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
2026-04-22Listed for sale$286,900

For Sale by Agent

AgentL Ellen Wright
BrokerageHeart & Soul Realty

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