Great value and opportunity for a business owner or a family. Located on Foster Street, this property offers plenty of parking and a large shop that can be used for automotive work, storage, or a variety of business purposes. The house and shop can be separated, allowing you to operate a business from the shop while using the house as your home. This setup provides the flexibility to live on the property while running your business, making it an excellent opportunity for both entrepreneurs and families.
Powellhurst-Gilbert, located between SE Powell Blvd and SE Foster Rd, is a residential and commercial Portland neighborhood with broad arterial streets and a patchwork of postwar ranch homes. The neighborhood’s energy concentrates around the SE 122nd Ave and SE Powell Blvd crossroads, where taquerias, international groceries, and practical storefronts set a working-day rhythm. Mid-century houses sit beside newer infill, with long driveways, mature street trees, and small apartment courts. Ed Benedict Park adds ballfields and open lawns that shape daily routines. Leach Botanical Garden brings a quieter, wooded counterpoint along Johnson Creek. The Springwater Corridor Trail threads the edge for bike commutes and weekend loops.
Provided by Walk Score and Local Logic
Market insights
13049 SE Foster Rd · $460,000
DAYS ON MARKET
5 days
The average home goes pending in 11 days.
SALE-TO-LIST
101.3%
Most homes are selling 1% above list price.
LIST PRICE
$460,000
Median sale price in this area is $553,530. (20% higher than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Exterior
Exterior features
Located in the Powellhurst-Gilbert neighborhood
Home design
Built in 1922
Construction
Living area approximately 1642
Sale and tax history for 13049 SE Foster Rd
Sale History
Tax History
Date
Event
Price
FSBO.com #cmt2jionr00gds601y9goeh5s
Aug 21, 2026
Listed
$460,000
$280/sq ft
RMLS #24529121
May 10, 2024
Sold
$380,000
$231/sq ft
Apr 10, 2024
Pending
—
Apr 1, 2024
Price Changed
$379,900
$231/sq ft
Mar 21, 2024
Listed
$395,000
$241/sq ft
+14
VALUE + OPPORTUNITY for the WIN! Big-Hearted Foster Bungalow has great bones and plenty of space! This cosmetic fixer features high ceilings, original fir floors, box beam ceilings, wainscotting, bay windows and stainless steel kitchen appliances. The quarter acre fenced lot has trees, patios, an over-sized garage/shop with power and a detached storage structure. 3-year old roof and newer water heater. Plenty of parking space. Close to I-205 and Leah Botanical Garden. Bring your ideas and your elbow grease and make this one your home! Sold AS IS. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10226366]
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97236
Average low and high temperatures (°F)
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76
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63
48
52
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42
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Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 13049 SE Foster Rd
$455,562
$4,438 under list price of $460K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $475K.