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9234 SE Salmon St, Portland, OR, 97216

5beds
2baths
1,829sqft
$540,000
$295price/sqft
$3,491/moest. monthly cost
$139,640/yrincome needed

About This Home

SELLER is offering a 1-0 BUY DOWN with preferred lender until 5/31/2026!! Spacious and versatile 5-bedroom, 2-bath home on a large lot, tucked away on a quiet dead-end street. The main level features 3 bedrooms and 1 bath, with 2 bedrooms and 1 bath upstairs which is ideal for multi-generational living, separated living quarters, or flexible use of space. Both living and family rooms offer comfortable gathering areas and added privacy. This home has a SHOP which is heated and insulated! The fully fenced backyard includes a covered patio for year-round enjoyment, a powered steel garden shed, additional tool shed, and a large shop with ample electrical capacity which is perfect for hobbies, trades, or home-based business potential. The garage is equipped with a 50-amp circuit for EV charging. Functional layout may offer subletting or duplex-style reconfiguration potential (buyer to verify). Conveniently located across from a newly remodeled park with easy access to walking and biking paths, shopping, Mall 205, and freeway access for an easy commute.

Getting Around

73
WalkingVery Walkable
57
TransitGood Transit
90
BikeBiker's Paradise

Schools

9/10
Harrison Park SchoolGrades K-80.6 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1955

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Hardwood Floors,Closet
  • Level: Main

Bedroom3

  • Features: Hardwood Floors,Closet
  • Level: Main

Bedroom4

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper

Bedroom5

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Hardwood Floors
  • Level: Main

Family Room

  • Features: Wallto Wall Carpet
  • Level: Main

Features

  • Closet
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Zoned,Fireplace(s)
  • Cooling features: None

Interior Area

  • Total structure area: 1,829
  • Total interior livable area: 1,829 sqft

Kitchen

  • Features: Dishwasher, Disposal, Hardwood Floors,Free Standing Range, Free Standing Refrigerator
  • Level: Main

Living Room

  • Features: Fireplace, Hardwood Floors
  • Level: Main

Master Bedroom

  • Features: Hardwood Floors,Closet
  • Level: Main

Property

Accessibility

  • Accessibility features: Garage On Main,Main Floor Bedroom Bath,Accessibility

Details

  • Parcel number: R332381
  • Zoning: R5

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Patio
  • Exterior features: Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Seasonal,Territorial

Lot

  • Lot size: 6,534 sqft
  • Features: Level,Seasonal,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,On Street,Attached,Extra Deep Garage,Oversized
  • 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
  • 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 $2,730$32,760
Home Insurance *$126$1,512
Property Taxes $459$5,508
Electricity $176$2,119
Total$3,491$41,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,691/yr
40% on housing$104,730/yr
45% on housing$93,093/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

$295This listing

vs Other Active Listings

Avg $/sqft

ZIP 97216$204
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97216$295
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
2026-03-04Listed for sale$565,000
2002-11-22Sold$131,500

For Sale by Agent

AgentRosalie Landino
BrokerageColdwell Banker Bain

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