2 months on rocket

3903 N Michigan Ave, Portland, OR, 97227

$1,195,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
4,857 SqFt
$246/SqFt
House

Location

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3903 N Michigan Ave, Portland$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1924
HeatingForced Air
BasementYes
MLS #24621749
StatusActive

About 3903 N Michigan Ave

Amazing live- work or investor opportunity in the vibrant Mississippi Arts neighborhood. One-of-a-kind building features a spacious, light-filled artist studio, perfect for painters, sculptors, or any creative professional seeking an inspiring workspace. In addition to the artist studio warehouse and several rooms off of it, the building includes two apartments. Currently, the smaller of the two living units is rented with the warehouse/studio spaces.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1924
  • Stories: 3
  • Living Area: 4,857 SqFt

Listing Office:

  • Office Name: Rose City Realty Group
  • Office Phone: (503) 349-5511
  • Listing Agent: Katherine Williams, Cody Williams

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: N Failing and N Mississippi

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $246/SqFt

Tax Information:

  • Annual Amount: $4,635
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

3903 N Michigan Ave vs Portland

72 DAYS ON ROCKET

+24 Days

$1,195,000

+$653.6K More

$246/SqFt

-$70 Less

KEY TAKEAWAY

This property is $653.6K more than the Median Sold Price and $70/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24621749

Listing Office:

  • Office Name: Rose City Realty Group
  • Office Phone: (503) 349-5511
  • Listing Agent: Katherine Williams, Cody Williams

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 25, 2016Home Sold
$800,000
Aug 27, 1999Home Sold
$70,000
Jun 02, 1995Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,635$181,430
2018$4,333$171,020
2017$4,153$166,040

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-437694
6
/10

  • Boise-Eliot / Humboldt Elementary School

  • 620 N Fremont St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-437695
5
/10

  • Kairos Pdx

  • 3635 N Williams Ave

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-437696
9
/10

  • Beach Elementary School

  • 1710 N Humboldt St

  • 0.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,077. Residents of Portland, OR typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3903 N Michigan Ave

What is the listing price of this property?

The listing price of 3903 N Michigan Ave property is $1,195,000.

What type of property is this?

The property 3903 N Michigan Ave is a house located in Portland, Oregon, 97227.

Is this property for sale now?

Active Listing: 3903 N Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,635 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 25, 2016 for $800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3903 N Michigan Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 3903 N Michigan Ave is 4,857 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3903 N Michigan Ave is 1924.

Rocket Homes›Oregon›Multnomah County›Portland›97227›3903 N Michigan Ave

This home is located at 3903 N Michigan Ave in Portland, OR and zip code 97227 in the Boise neighborhood. This 4,857 square foot home was built in 1924. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,195,000.

In October 2024, from all listings sold in Portland, OR there were more than 298 sold above asking price, over 339 sold below and more than 212 were sold right at the asked price. The number of homes for sale in Portland, OR increased by 4.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 48 days, the median list price was $541,309.

From Rocket Homes Real Estate and based on county public records data.

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