2201 N Menzies Dr · Portland, OR 97217

$169,900

2 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 42 Days on market

Built 1976 $118/sqft · 19% above area Est $148k · 15% over

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Why this score? — see what drove the C+ 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).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.7/10.0
• Livability +3.9/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.7/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

Key facts

• Breathtaking views
• Updated countertops
• Riverfront living

Tags

• BREATHTAKING VIEWS
• RIVERFRONT LIVING
• OPEN BRIGHT GREAT ROOM
• UPDATED COUNTERTOPS
• STYLISH BREAKFAST BAR
• LUXURY VINYL PLANK FLOORING

Property features AI

Finance

• Other: Property located at 2201 N Menzies Dr, Portland, OR in Hayden Island community
• Financial info: Land is leased (land lease present); monthly lot rent; Land lease expires December 31, 2026
• HOA & community: Hayden Island association with amenities including pool, gym, weight room, tennis and basketball courts, meeting and party rooms, commons, recreation facilities and landscaping; Association fee collected monthly

Exterior

• Parking: Carport; Driveway
• Utilities: Electric hot water and fuel; Public water; Public sewer
• Home design: Manufactured home in a park (resale); Main level living; View-facing property (city, mountains, river)
• Construction: Built in 1976; Composition roof; Pillar/post/pier foundation with skirting
• Exterior features: Covered patio; Deck; Tool shed; Aluminum and lap siding; Riverfront view on the Columbia River; City and mountain views; Paved road access; Leased, level lot

Interior

• Kitchen: Built-in refrigerator; Dishwasher; Free-standing range; Range hood; Stainless steel appliances; Eat bar
• Bedrooms: Primary bedroom on main level with ensuite bath, double sinks and closet; Second bedroom on main level with built-in bookcases and closet
• Flooring: Vinyl flooring throughout main living areas and bedrooms; Laminate flooring in select areas; Vinyl floor in sun room and laundry
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Heat pump heating; Central air conditioning (heat pump)
• Interior features: Jetted tub; Laundry area; Hookup available; Double pane windows with vinyl frames; Crawl space basement
• Laundry & utility: Laundry room with exterior entry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $170k).
• Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.5% 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); Jefferson High School (606 students, 64% FRL) — zoned schools average 69% FRL vs 37% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 298 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals leasing fast (median 2d 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).
• This rent runs 34% of the median local income ($100k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $48k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 28y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.65% ✓
• Cap rate: 14.55%
• Cash-on-cash: 29.48%
• DSCR: 2.31
• GRM: 5.0

CMA / ARV

• ARV (median comp): $147,657
• List price: $169,900
• Delta: 15.06%
• Verdict: OVERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2210 N Broughton Dr	0.13mi	3/2.0 (+1)	1,440 (0%)	2mo	$66,700	$46	87
2386 N Menzies Ct	0.10mi	3/2.0 (+1)	1,440 (0%)	6mo	$149,000	$103	86
1501 N Hayden Island Dr Unit 61C	0.14mi	3/2.0 (+1)	1,404 (-2%)	2mo	$150,000	$107	83
1503 N Hayden Island Dr #133	0.21mi	2/2.0	1,488 (+3%)	7mo	$158,410	$106	79
1503 N Hayden Island Dr #96	0.21mi	3/2.0 (+1)	1,481 (+3%)	3mo	$135,500	$91	78
2320 N Broughton Dr	0.15mi	3/2.0 (+1)	1,440 (0%)	19mo	$111,475	$77	72
1503 N Hayden Island Dr #35	0.21mi	2/3.0	1,500 (+4%)	18mo	$144,500	$96	64
1501 N Hayden Island Dr Unit 113e	0.36mi	3/2.0 (+1)	1,404 (-2%)	14mo	$110,000	$78	62
1503 N Hayden Island Dr #45	0.21mi	3/2.0 (+1)	1,404 (-2%)	24mo	$135,000	$96	61
12450 N South Shore Ave	0.36mi	2/2.0	1,344 (-7%)	13mo	$96,500	$72	61
12335 N South Shore Ave	0.43mi	2/2.0	1,248 (-13%)	13mo	$28,500	$23	47
12452 N Westshore Dr	0.36mi	2/2.0	1,248 (-13%)	24mo	$73,000	$58	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.89% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 1.77×
• Total profit: $36,839
• Equity at exit: $25,333

10-year hold

• IRR: 26.4%
• Equity multiple: 3.09×
• Total profit: $99,549
• Equity at exit: $14,690

Cash invested: $47,572 (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

Mandatory relocation for no-cause evictions; rent increase notice 90 days.

Methodology + full state rankings →

ZIP-level market 97217

• Rents YoY: 0.9%
• Active inventory: 298
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,805 high
• Mortgage (P&I): −$891
• Tax from tax record: −$86 /mo · $1,028/yr
• Insurance: −$71
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$589
• Net cashflow: $1,102

Break-even live

Break-even rent $1,410

Max offer price $169,900

Occupancy floor 56%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1111 W Columbia Way Vancouver, WA	2.0	1.0–2.5	857	$4,800	$5.60	1d	28	0.49mi
1110 W Columbia Way Vancouver, WA	2.0	1.0–2.0	783	$3,849	$4.91	1d	13	0.52mi
111 Parkway Pl Vancouver, WA	1.0–2.0	1.0–2.0	983	$4,995	$5.08	1d	3	0.55mi
1000 W Columbia Way Vancouver, WA	1.0–2.0	1.0–2.0	767	$3,282	$4.28	1d	11	0.56mi
500 W Columbia Way Vancouver, WA	2.0	1.0–2.0	849	$3,995	$4.71	1d	6	0.62mi
440 W Columbia Way Vancouver, WA	2.0	1.0–2.0	863	$4,400	$5.10	1d	150	0.63mi
411 Columbia St Vancouver, WA	2.0	1.0–2.0	818	$3,377	$4.13	1d	14	0.79mi
300 W 8th St Vancouver, WA	1.0–2.0	1.0–2.0	915	$2,932	$3.20	1d	1	0.88mi
608 Washington St Vancouver, WA	2.0	1.0–2.0	903	$3,236	$3.58	1d	11	0.88mi
500 Broadway St #506 Vancouver, WA	2.0	2.0	1837	$3,295	$1.79	23d	1	0.95mi
209 W Evergreen Blvd Vancouver, WA	2.0	1.0	1048	$2,765	$2.64	4d	1	0.96mi
540 N Hayden Bay Dr Portland, OR	3.0	2.0	1816	$3,095	$1.70	3d	1	0.99mi
1245 N Anchor Way Portland, OR	2.0	1.0–2.0	856	$2,250	$2.63	1d	16	1.05mi
1614 Kauffman Ave Vancouver, WA	3.0	1.0	1200	$2,150	$1.79	23d	1	1.07mi
123 N Hayden Bay Dr Portland, OR	2.0	1.0	889	$2,249	$2.53	43d	1	1.08mi
410 W Mill Plain Blvd Vancouver, WA	2.0	1.0–2.0	713	$1,646	$2.31	1d	5	1.12mi
1055 N Anchor Way Portland, OR	1.0–2.0	1.0–2.0	1056	$3,150	$2.98	1d	34	1.13mi
1601 Esther St Unit 1601 Vancouver, WA	3.0	2.0	1248	$2,499	$2.00	23d	1	1.17mi
995 N Marine Dr Portland, OR	2.0	1.0–2.0	924	$2,036	$2.20	2d	11	1.25mi
300 E 13th St Vancouver, WA	2.0	1.0–2.0	733	$2,100	$2.86	4d	7	1.26mi
1818 W 22nd St Vancouver, WA	2.0	1.0	957	$2,195	$2.29	21d	1	1.31mi
1700 Main St Vancouver, WA	2.0	1.0–2.0	834	$2,742	$3.29	1d	11	1.32mi
110 N Tomahawk Island Dr Portland, OR	1.0–2.0	1.0–2.0	994	$2,674	$2.69	1d	27	1.38mi
1660 D St Vancouver, WA	2.0–3.0	1.0–2.0	820	$1,525	$1.86	7d	3	1.38mi
1600 E St Vancouver, WA	1.0–2.0	1.5–2.0	946	$2,275	$2.40	14d	5	1.42mi
1421 SE Columbia Way Vancouver, WA	3.0	2.5	1700	$3,300	$1.94	17d	1	1.48mi

Listing history 29 events

1. 2026-06-18
   days on market $169,900 Active 42 DOM
2. 2026-06-17
   days on market $169,900 Active 41 DOM
3. 2026-06-16
   days on market $169,900 Active 40 DOM
4. 2026-06-15
   days on market $169,900 Active 39 DOM
5. 2026-06-13
   days on market $169,900 Active 37 DOM
6. 2026-06-09
   days on market $169,900 Active 33 DOM
7. 2026-06-08
   days on market $169,900 Active 32 DOM
8. 2026-06-07
   days on market $169,900 Active 31 DOM
9. 2026-06-03
   days on market $169,900 Active 27 DOM
10. 2026-06-02
    days on market $169,900 Active 26 DOM
11. 2026-06-01
    days on market $169,900 Active 25 DOM
12. 2026-05-31
    days on market $169,900 Active 24 DOM
13. 2026-05-07
    listed $179,900 Active 1001-char remark
14. 2025-05-30
    soldstatus $153,000 Closed 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

15. 2025-05-19
    status Pending 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

16. 2025-05-06
    price $170,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

17. 2025-04-25
    price $184,900 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

18. 2025-04-21
    price $189,900 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

19. 2025-04-19
    price $198,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

20. 2025-04-09
    price $199,900 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

21. 2025-04-04
    price $206,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

22. 2025-03-24
    price $207,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

23. 2025-03-08
    price $208,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

24. 2025-03-04
    price $209,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

25. 2025-02-19
    price $224,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

26. 2025-02-03
    price $229,000 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

27. 2025-01-07
    listed $249,900 Active 641-char remark

    Show marketing remark (641 chars)

    WOW!! Spectacular Columbia riverfront property with Mountain and Vancouver riverfront views! Welcome to this spacious living home that is beautifully remodeled. PERFECT location for year round living with all the ammenities including a barber shop,Heated POOL, clubhouse, sports court, fitness center. ON the walking trail along the riverfront.OPEN bright and light large GREAT_ROOM with incredible VIEWS! watch the ships float by. NEW paint in and out, NEW luxury vinyl flooring. NEW stainless appliances. NEW carpet. Updated bathrooms. Covered wrap-around deck. Walking distance to Jantzen beach shopping center. Close to busline, freeway.

28. 1998-08-28
    soldstatus $39,850

    Show marketing remark (212 chars)

    GALORE! AWESOME GOURMET KITCHEN! BRAND NEW CARPET! HEAT PUMP-COOLED! SLIDER OFF FAMILY RM OPENS TO 662 SQ FT WRAP-AROUND DECK THAT SURROUNDS 3 SIDES OF THE HOME! COLUMBIA RIVER LUXURY LIVING! UNBEATABLE PRICE!!!!

29. 1998-06-26
    listed $39,850

    Show marketing remark (212 chars)

    GALORE! AWESOME GOURMET KITCHEN! BRAND NEW CARPET! HEAT PUMP-COOLED! SLIDER OFF FAMILY RM OPENS TO 662 SQ FT WRAP-AROUND DECK THAT SURROUNDS 3 SIDES OF THE HOME! COLUMBIA RIVER LUXURY LIVING! UNBEATABLE PRICE!!!!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

• Current annual tax: $1,028 · $86/mo
• Projected year-2 tax: $1,648 · $137/mo
• Expected delta: +$620/yr (+$52/mo · 60.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 77% 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

Taxation est. · year 1

• Rental income: $33,661
• − Mortgage interest: −$9,517
• − Property taxes: −$1,028
• − Insurance: −$1,647
• − Repairs & maintenance: −$2,693
• − Management: −$2,693
• − Depreciation: −$4,943
• Taxable income: $11,141
• Est. tax owed @ 24.0%: −$2,674
• After-tax cash flow: $10,552/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.

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

Amenities A+ Commute A+ Cost of living F Crime F Employment A Housing B+ Health & safety A+ User ratings D+

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: 43.5% rent · 56.5% 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

+326.3% since first listed

18 events — show timeline

• 2026-05-27 Price Changed $169,900 RMLS
• 2026-05-07 Listed $179,900 RMLS
• 2025-05-30 Sold (MLS) $153,000 RMLS
• 2025-05-19 Pending — RMLS
• 2025-05-06 Price Changed $170,000 RMLS
• 2025-04-25 Price Changed $184,900 RMLS
• 2025-04-21 Price Changed $189,900 RMLS
• 2025-04-19 Price Changed $198,000 RMLS
• 2025-04-09 Price Changed $199,900 RMLS
• 2025-04-04 Price Changed $206,000 RMLS
• 2025-03-24 Price Changed $207,000 RMLS
• 2025-03-08 Price Changed $208,000 RMLS
• 2025-03-04 Price Changed $209,000 RMLS
• 2025-02-19 Price Changed $224,000 RMLS
• 2025-02-03 Price Changed $229,000 RMLS
• 2025-01-07 Listed $249,900 RMLS
• 1998-08-28 Sold (MLS) $39,850 RMLS
• 1998-06-26 Listed $39,850 RMLS

Property tax history

+5.6%/yr

Latest (2022): $1,028 · +10.5% YoY. Source: county tax records.