413 N Hayden Bay Dr · Portland, OR
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.7%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $498 – $926
Heat risk 3/10 · Minor
- Hot days now (above 92°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 19 days/yr
- Unhealthy air days in 30 yrs
- 20 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +11.9/15.0
- Cash flow +7.7/30.0
- 1% rule +5.4/10.0
- Schools +4.7/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +2.7/5.0
- DSCR +1.8/10.0
- Appreciation +0.0/10.0
$220,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
Key facts
- Quartz countertops
- Dual vanities
- Oversized closets
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $220k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-316 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $174k (20.8% below list).
- Meets the 1% rule at list price ($2k rent vs $220k).
- Recommended offer: $174k (20.8% below list) — sets the bar for cash-flow.
- Cap rate 4.9% vs local median 2.2% in Portland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#72 in OR, #3,256 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime F, cost of living F.
- Portland SD 1J (urban): math 46% / reading 58% proficiency, ranked #23 of 183 in OR (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Faubion Elementary School (610 students, 73% FRL); Da Vinci Middle School (434 students, 34% FRL); Benson Polytechnic High School (824 students, 65% FRL) — zoned schools average 57% FRL vs 37% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents flat; 306 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,041 units permitted in Multnomah County in 2024 (905 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Multnomah County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 234 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 24y ago; this cycle's ask has dropped $34k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $103k; list at $220k implies a 114% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 24% of rent.
- Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 234 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.04% ✓
- Cap rate
- 4.93%
- Cash-on-cash
- -4.86%
- DSCR
- 0.78
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $243,818
- List price
- $220,000
- Delta
- -9.77%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.89% rent growth · sell at horizon
- IRR
- -30.2%
- Equity multiple
- 0.02×
- Total profit
- $-60,128
- Equity at exit
- $32,803
- IRR
- -51.5%
- Equity multiple
- -0.55×
- Total profit
- $-95,358
- Equity at exit
- $19,022
Cash invested: $61,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State Oregon
- 28 Tenant-Leaning · D+6
- County
- — inherits STATE
- City Portland
- 0 Strongly Tenant-Friendly · D+39
ZIP-level market 97217
- Rents YoY
- 0.9%
- Active inventory
- 306
- Price-to-rent
- 8.0×
Monthly cashflow live
- Estimated rent
- $2,292 high interval (Pro) →
- Mortgage (P&I)
- −$1,154
- Tax est. 1.5%
- −$275 /mo · $3,300/yr
- Insurance
- −$92
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$540
- Vacancy / Maint / Mgmt
- −$481
- Net cashflow
- $-316
Break-even live
Sensitivity live
| Price | -10% $-164 | -5% $-240 | +0% $-316 | +5% $-392 | +10% $-468 |
|---|---|---|---|---|---|
| Rent | -10% $-497 | -5% $-406 | +0% $-316 | +5% $-225 | +10% $-135 |
| Rate | -1.0pp $-205 | -0.5pp $-260 | base $-316 | +0.5pp $-373 | +1.0pp $-431 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $55,000
- Closing costs
- $6,600
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 28 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 183 N Hayden Bay Dr Portland, OR | 1.0 | 1.0 | 858 | $1,800 | $2.10 | 45d | 1 | 0.14mi |
| 123 N Hayden Bay Dr Portland, OR | 2.0 | 1.0 | 889 | $2,249 | $2.53 | 45d | 1 | 0.18mi |
| 110 N Tomahawk Island Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 994 | $2,674 | $2.69 | 0d | 25 | 0.43mi |
| 1055 N Anchor Way Portland, OR | 1.0–2.0 | 1.0–2.0 | 1056 | $3,150 | $2.98 | 0d | 35 | 0.44mi |
| 1245 N Anchor Way Portland, OR | 2.0 | 1.0–2.0 | 868 | $2,250 | $2.59 | 0d | 15 | 0.46mi |
| 910 N Harbour Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 1002 | $1,949 | $1.94 | 0d | 3 | 0.49mi |
| 995 N Marine Dr Portland, OR | 2.0 | 1.0–2.0 | 924 | $2,036 | $2.20 | 0d | 11 | 0.50mi |
| 11505 NE Yacht Harbor Dr Portland, OR | 2.0 | 2.0 | 2559 | $4,383 | $1.71 | 0d | 5 | 0.67mi |
| 440 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.0 | 863 | $4,682 | $5.43 | 0d | 149 | 0.95mi |
| 520 SE Columbia River Dr #420 Vancouver, WA | 2.0 | 2.5 | 1350 | $2,495 | $1.85 | 23d | 1 | 0.97mi |
| 520 SE Columbia River Dr Vancouver, WA | 2.0 | 2.0–2.5 | 1207 | $2,395 | $1.98 | 19d | 2 | 0.97mi |
| 411 Columbia St Vancouver, WA | 2.0 | 1.0–2.0 | 836 | $3,377 | $4.04 | 0d | 15 | 0.99mi |
| 500 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.0 | 849 | $3,995 | $4.71 | 0d | 7 | 0.99mi |
| 111 Parkway Pl Vancouver, WA | 1.0–2.0 | 1.0–2.0 | 983 | $4,995 | $5.08 | 0d | 3 | 1.01mi |
| 608 Washington St Vancouver, WA | 2.0 | 1.0–2.0 | 903 | $3,236 | $3.58 | 0d | 8 | 1.11mi |
| 636 W 6th St Vancouver, WA | 1.0 | 1.0 | 707 | $1,961 | $2.77 | 0d | 8 | 1.12mi |
| 1111 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.5 | 857 | $4,800 | $5.60 | 0d | 25 | 1.16mi |
| 701 Columbia St #107 Vancouver, WA | 2.0 | 2.0 | 871 | $1,995 | $2.29 | 25d | 1 | 1.18mi |
| 555 W 8th St Vancouver, WA | 1.0–2.0 | 1.0 | 695 | $1,630 | $2.35 | 3d | 11 | 1.18mi |
| 103 E Reserve St #103 Vancouver, WA | 2.0 | 2.0 | 987 | $2,150 | $2.18 | 6d | 1 | 1.19mi |
| 1000 W Columbia Way Vancouver, WA | 1.0–2.0 | 1.0–2.0 | 835 | $3,282 | $3.93 | 0d | 13 | 1.19mi |
| 1110 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.0 | 783 | $3,849 | $4.91 | 0d | 10 | 1.20mi |
| 300 W 8th St Vancouver, WA | 1.0–2.0 | 1.0–2.0 | 915 | $2,932 | $3.20 | 0d | 1 | 1.22mi |
| 202 E Reserve St #202 Vancouver, WA | 2.0 | 2.0 | 1014 | $1,995 | $1.97 | 25d | 1 | 1.22mi |
| 204 E Reserve St #204 Vancouver, WA | 2.0 | 2.0 | 993 | $2,250 | $2.27 | 6d | 1 | 1.22mi |
| 608 R St Vancouver, WA | 2.0 | 1.5 | 1024 | $1,495 | $1.46 | 9d | 1 | 1.43mi |
| 607 R St Apt E Vancouver, WA | 2.0 | 1.5 | 850 | $1,295 | $1.52 | 25d | 1 | 1.45mi |
| 300 E 13th St Vancouver, WA | 2.0 | 1.0–2.0 | 733 | $2,100 | $2.86 | 0d | 8 | 1.48mi |
HOA detail condo
- Monthly dues
- $540 · $6,480/yr
- Likely covers
- waterpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 8 events
-
2026-05-20status Pending 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2026-04-27price $220,000 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2026-04-09price $230,000 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2026-01-30price $238,500 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2025-11-24price $244,500 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2025-09-27$254,500 Active 1536-char remark
Show marketing remark (1536 chars)
Spring is just around the corner, and this Hayden Bay townhouse is perfectly positioned for those who love being next to the water and enjoying the fresh Columbia River breeze. A wonderful opportunity to enjoy easy living by the water just in time for spring and summer. Beautifully maintained and move-in ready, this Hayden Bay townhouse offers comfort, thoughtful updates, and an exceptional City of Portland Home Energy Score of 9/10. The main level features rich Brazilian wood floors, fresh interior paint, and a stylish kitchen with quartz countertops perfect for everyday living or entertaining. Major system updates are already complete, including a central air and furnace replacement in 2012 and a new water heater in 2022, providing peace of mind for the next owner. Upstairs you'll find two spacious bedrooms with built-ins, oversized closets, and a full bath with dual Corian vanities and a tub/shower combo. Storage is abundant with attic space and two exterior storage areas off the covered patio, plus a deeded carport space for convenient parking. As the weather warms, you'll especially appreciate being just a short walk from the Columbia River, where you can enjoy scenic strolls, river breezes, and the natural beauty that makes Hayden Bay such a special place to live. Residents enjoy resort-style amenities including two swimming pools, fitness center, sauna, tennis and athletic courts, recreation room, and river access all in a beautifully maintained community with shopping, dining, and everyday conveniences.
-
2002-08-09soldstatus $103,000 219-char remark
Show marketing remark (219 chars)
10 MIN TO TOWN! 1200SF 2BD/1.5BA TWNHS 1 BLK TO COLUMBIA RIVER RESORT LIVING ALL YR ROUND REMODELED LITE & BRITE NEWER TILE KIT+APPL INCLD W/D 2POOLS/2TENNIS CTS/2 RECRMS/WALK TO SHOPS/RESTAURANTS/A-C PRIVACY/TREES!
-
2002-03-03$105,777 219-char remark
Show marketing remark (219 chars)
10 MIN TO TOWN! 1200SF 2BD/1.5BA TWNHS 1 BLK TO COLUMBIA RIVER RESORT LIVING ALL YR ROUND REMODELED LITE & BRITE NEWER TILE KIT+APPL INCLD W/D 2POOLS/2TENNIS CTS/2 RECRMS/WALK TO SHOPS/RESTAURANTS/A-C PRIVACY/TREES!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (unshaded) · 70% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥92°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 10/10 Extreme 19 unhealthy d/yr today · 20 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,508
- − Mortgage interest
- −$12,323
- − Property taxes
- −$3,300
- − Insurance
- −$1,898
- − Repairs & maintenance
- −$2,201
- − Management
- −$2,201
- − HOA
- −$6,480
- − Depreciation
- −$6,400
- Taxable loss
- −$7,294
- Est. tax savings @ 24.0%
- +$1,751
- After-tax cash flow
- $-2,040/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This Hayden Bay townhouse is move-in ready with fresh paint, updated kitchen, and central air and furnace. It offers a good condition score and is well-maintained.
Value-add opportunities
- Resale paint exterior — enhances curb appeal and property value
- Both landscaping — improves curb appeal and enhances property value
- Both replace carpet with hardwood — increases both resale and rental value
Renovation cost estimate screening
Value-add ROI direction
- Resale paint exterior — enhances curb appeal and property value ↑
- Both landscaping — improves curb appeal and enhances property value ↑
- Both replace carpet with hardwood — increases both resale and rental value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Portland SD 1J
- NCES district ID
- 4110040
- Math proficiency
- 46% ▼ -2.00%
- Reading proficiency
- 58% ▼ -3.00%
- Median HH income
- $57,851
- Composite
- 47.1/100
- National rank
- #5112
- State rank
- #23 of 183 in OR
Livability — Portland
- Score
- 77/100
- State rank
- #72
- US rank
- #3256
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Portland, OR
- County
- Multnomah County · 786,692 people
- City population
- 774,334
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Population (ZIP)
- 35,169
- Household income
- $100,361
- Rent vs Own
- Severe rent burden
- 1532.0
Population outlook (Multnomah County) Hauer SSP2
- Today (2025)
- 930,825 people
- By 2030
- 996,904 · +7.1%
- By 2040
- 1,121,379 · +20.5%
- By 2050
- 1,242,124 · +33.4%
- By 2075
- 1,464,431 · +57.3%
- By 2100
- 1,576,181 · +69.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (71%)
- Race & ethnicity
- White 71% Two or more races 12% Hispanic / Latino 9% Black 7% Asian 3%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Italian 5% Slovak 4% Portuguese 3%
- Foreign-born
- 8% · Canada, China, Vietnam
- Languages at home
- 90% English-only · Spanish 4% Other Indo-European 1% Chinese 1%
Political lean MEDSL · Multnomah
- 2024 margin
- Solid D (+62.1) · D 79.3% · R 17.2% · Other 3.5%
- 2008→2024 swing
- +6.0pp toward D · 2008: 56.1pp · 2024: 62.1pp
- All cycles
- 2024: D+62.1 2020: D+61.3 2016: D+58.3 2012: D+54.9 2008: D+56.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -747.13%
- Current HPI
- 370.7526
- Rent YoY
- ▲ 0.89%
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in OR)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 1 | $51B |
|
||
Price history
+108.0% since first listed8 events — show timeline
- 2026-05-20 Pending — RMLS
- 2026-04-27 Price Changed $220,000 RMLS
- 2026-04-09 Price Changed $230,000 RMLS
- 2026-01-30 Price Changed $238,500 RMLS
- 2025-11-24 Price Changed $244,500 RMLS
- 2025-09-27 Listed $254,500 RMLS
- 2002-08-09 Sold (MLS) $103,000 RMLS
- 2002-03-03 Listed $105,777 RMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…