new - 4 days on rocket

404 NE 86th Ave, Portland, OR, 97220

$464,999

Home List Price

$5,522*

Closing Credit

2 Bedrooms
1 Full Bath
1,612 SqFt
$288/SqFt
House

Location

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404 NE 86th Ave, Portland$464,999

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Garage1 space
Year Built1949
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #24282830
Lot Size0.13 Acres
StatusActive

About 404 NE 86th Ave

Discover this beautifully remodeled Montavilla bungalow, blending classic charm with modern updates in a prime location. With its bright interior, thoughtful upgrades, and expansive potential, this home is ready to capture your heart. Stylish Updates: Hardwood floors, newer interior and exterior paint, and an updated bathroom add a fresh, polished feel to this classic home. Beautiful picture windows bring in abundant natural light, creating a warm and inviting atmosphere. The bright, stylish kitchen features quartz countertops, subway tiles, a coffee bar, and a cozy breakfast nook, perfect for your morning routine. A framed, dry basement with impressive height clearance offers endless possibilities—create extra living space, a bonus room, storage, or even ADU potential. Enjoy peace of mind with a new high-efficiency furnace, A/C, newer roof, electrical panel, PEX plumbing, newer sewer line, and a decommissioned oil tank. Outdoor Living: The private, fully fenced yard is a gardener’s dream, complete with blueberry bushes and roses and plenty of space for your green thumb. Spend weekends on the new oversized covered back patio, perfect for outdoor gatherings year-round. Detached garage and long driveway for ample private parking. Central location, minutes to Montavilla Park, downtown Montavilla, Mt. Tabor, and easy access to I-205 and I-84. This home combines modern convenience, charm, and endless potential in one of Portland’s most exciting neighborhoods. Don’t miss your chance to see it—schedule a showing today! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10110115]

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1949
  • Stories: 2
  • Living Area: 1,612 SqFt

Listing Office:

  • Office Name: Redfin
  • Office Phone: (503) 496-7620
  • Listing Agent: Gus Sanchez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Microwave, Plumbed For Ice Maker, Range Hood
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Laundry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Covered Patio, Deck, Fence, Garden, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Glisan between 82nd and I205.

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,999
  • Price Per SqFt: $288/SqFt

Tax Information:

  • Annual Amount: $4,010
  • 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

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

404 NE 86th Ave vs Portland

4 DAYS ON ROCKET

-50 Days

$464,999

-$77.3K Less

$288/SqFt

-$28 Less

KEY TAKEAWAY

This property is $77.3K less than the Median Sold Price and $28/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: #24282830

Listing Office:

  • Office Name: Redfin
  • Office Phone: (503) 496-7620
  • Listing Agent: Gus Sanchez

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: 12/18/2024, 4:20:59 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

Nov 29, 2018Home Sold
$390,000
Dec 11, 2013Home Sold
$199,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,010$156,980
2018$3,749$147,980
2017$3,594$143,670

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-4386013
7
/10

  • Vestal Elementary School

  • 161 NE 82nd Ave

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-4386014
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 0.84 miles

  • Public Charter Grades KG-5

school-card-donut-4386015
4
/10

  • Jason Lee Elementary School

  • 2222 NE 92nd Ave

  • 0.90 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,964. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 404 NE 86th Ave

What is the listing price of this property?

The listing price of 404 NE 86th Ave property is $464,999.

What type of property is this?

The property 404 NE 86th Ave is a house located in Portland, Oregon, 97220.

Is this property for sale now?

Active Listing: 404 NE 86th 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 $4,010 (source: MLS/based on county public records data).

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

The last sale was on November 29, 2018 for $390,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 404 NE 86th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 404 NE 86th Ave is 1,612 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 404 NE 86th Ave is 1949.

Rocket Homes›Oregon›Multnomah County›Portland›97220›404 NE 86th Ave

This home is located at 404 NE 86th Ave in Portland, OR and zip code 97220 in the Southeast Portland neighborhood. This 1,612 square foot home, which was built in 1949, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $464,999.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. Listings spent 54 days on the market in November 2024, and had a median list price of $542,392 during the same period.

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

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