Townhouse / Rowhouse home in Portland, OR
A Townhouse home in Portland, OR, it offers 3 bedrooms and 2.5 bathrooms across 2,181 square feet. Standout details include attached garage and fireplace.
| Price | $525,000 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Sqft | 2181 |
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| Architectural style | Townhouse / Rowhouse (79% match) |
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| Address | 2614 SW Water Ave, Portland, OR 97201 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, fireplace.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $525K, this home is 25% above the $419K median for 728 similar Townhouse / Rowhouse homes in Portland, OR.
- That works out to $241 per square foot, 15% below the $285 comparable rate.
| This home | $525,000 |
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| Townhouse / Rowhouse median in Portland, OR | $419,450 (728 homes) |
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| Price per sq ft | $241 vs. $285 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,477/month with 20% down at a 7.28% 30-year fixed rate. You would need about $149,033 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,874/mo |
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| Property tax (new-buyer reassessed rate) | $407/mo |
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| Homeowners insurance | $197/mo |
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| Total monthly | $3,477/mo |
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| Down payment (20%) | $105,000 |
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| Income needed | $149,033/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (30 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (30/100) |
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| Beats renting in | 1% of modeled paths |
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| Modeled 5-yr equity (median) | $153,343 |
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| Range (10th to 90th pct) | $65,141 to $257,931 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Portland, OR where local data is thin.
Local home values
Typical home values in Portland, OR have risen about 6% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia