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5517 N Wilbur Ave, Portland, OR, 97217

5beds
2baths
2,088sqft
$824,000
$395price/sqft
$5,237/moest. monthly cost
$209,480/yrincome needed

About This Home

The Wilbur House pairs period character with a thoroughly modern lifestyle. This classic Portland Foursquare pairs century-old character with seriously good updates, including: a terrific new cook's kitchen and brand new gas range, designer tile flooring; refinished hardwoods; a new cedar deck and backyard private retreat with gorgeous landscaping; a detached studio, currently the workspace of a design executive; a finished basement with rental potential and separate entrance; an infrared sauna and cold plunge; all wrapped up in an incredible Overlook location near adidas and Killingsworth fun. Whew! Four bedrooms and a bathroom sit together upstairs, while lower-level living opens the door to rental income, extended stays, or a pretty excellent retreat. A wide open attic presents possibilities to expand, or utilize it as a meditation or additional work space. New roof, new plumbing, tankless water heater, updated electrical and new AC. Out back, life gets even better: a new cedar deck, architectural hardscaping, water feature, playhouse, cold plunge and a detached, modern studio. New and beautiful hardscaping creates a welcoming statement with a newly paved driveway leading to a detached garage. Whether it's an income property or a place to set roots, Wilbur delivers. Even better - seller says the corner of Killingsworth and Greeley nearby will be a microbrew+ restaurant compound with Katchka, Good Coffee, and more. !! Work here. Make things here. Host people here. Disappear into the sauna and ignore your email here. Whatever the case, you'll love living here. Come see.

Getting Around

68
WalkingSomewhat Walkable
51
TransitGood Transit
97
BikeBiker's Paradise

Schools

9/10
Beach Elementary SchoolGrades PK-50.5 mi
8/10
Ockley GreenGrades 6-80.7 mi
5/10
Jefferson High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1907

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Appliances,Electric Water Heater,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 120

Bedroom3

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 80

Bedroom4

  • Features: Hardwood Floors
  • Level: Upper
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 143

Features

  • Closet,Gourmet Kitchen,Kitchen Island,Pantry,Tile
  • Window features: Wood Frames
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Forced Air,Forced Air 90
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,088
  • Total interior livable area: 2,088 sqft

Kitchen

  • Features: Gourmet Kitchen,Tile Floor
  • Level: Main
  • Area: 216

Living Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 176

Master Bedroom

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 156

Property

Details

  • Parcel number: R306565
  • Zoning: R1

Features

  • Stories: 3
  • Patio & porch: Deck,Patio,Porch
  • Exterior features: Fire Pit,Garden,Water Feature
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,227 sqft
  • Features: Level,Private,SqFt 5000 to 6999

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 $4,166$49,992
Home Insurance *$182$2,184
Property Taxes $700$8,400
Electricity $189$2,273
Total$5,237$62,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,554/yr
40% on housing$157,110/yr
45% on housing$139,653/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

$395This listing

vs Other Active Listings

Avg $/sqft

ZIP 97217$222
Multnomah County$243

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)

No zestimate history available

Price History

DateEventPrice
2026-08-18Pending sale$824,000
2026-07-31Listed for sale$824,000
2003-09-16Sold$199,950
2001-01-31Sold$155,000
2000-07-18Sold$87,000

For Sale by Agent

AgentGabrielle Enfield
BrokerageThe Agency Portland

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