For sale

$489,900

Est. $4,049/mo —

•

1,514

sq ft

2150 NE Multnomah St, Portland, OR 97232

About this home

Sullivan Gulch Townhome Style Condo's Hidden Away - Welcome to effortless urban living in the heart of Sullivan's Gulch, where classic Craftsman character meets modern comfort. Tucked along a quiet private dead-end street surrounded by established homes, this move-in-ready townhouse-style condominium offers a wonderful balance of privacy and close-in Portland convenience. The open-concept main level features oak hardwood floors, vaulted ceilings, abundant natural light, and spacious living, dining, and kitchen areas that flow onto a private deck—ideal for morning coffee, outdoor dining, or relaxing after a busy day. The thoughtfully designed U-shaped kitchen offers generous counter space, gas appliances, and excellent storage. Vinyl double-pane windows with top-down/bottom-up shades provide natural light and privacy throughout. Enjoy year-round comfort with central A/C, an attached garage, driveway parking, and nearby guest parking. HOA amenities include water, sewer, exterior and grounds maintenance, insurance, common areas, and guest parking for low-maintenance living. Convenient to the Moda-Center, Lloyd District, Holladay Park, Oregon Convention Center, MAX Light Rail, I-84, I-5, downtown Portland, restaurants, shopping, coffee, and neighborhood parks. With the continued redevelopment and mixed-use vision for the Lloyd District, including the transformation of the Lloyd Center area, buyers have the opportunity to invest in a neighborhood positioned for long-term growth and continued revitalization. A turnkey home offering comfort, convenience, and the best of inner-Portland living.

CondoProperty Type

2004Year Built

$324Price/Sq.Ft.

$515/moHOA Dues

1 car garageParking

Listed by Desiree Moore • Windermere Realty Trust

Listed by Debra Neal • Windermere Realty Trust

Contact: 503-791-5337

Listing updated: Sep 30, 2026 at 12:12am

Redfin checked: 2 minutes ago

•Source:RMLS #533849596

Redfin agents who toured

Centrally located 2004 attached townhouse. Three bedrooms and two bathrooms on second level along with washer/dryer hook ups. Street noise is evident in the two back bedrooms and outside the house. Hardwoods are on the main level and carpet on the...
12 years ago• May not reflect the current state of the home
Matthew Brennan
Redfin agent • Market Manager
Nicely updated. Some noise from Interstate 84. Multiple units in the area, so limited excess parking.
12 years ago• May not reflect the current state of the home
Alexandra Stolz
Redfin agent

Payment calculator

$4,049 per month

Principal and interest$2,774

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Thursday, October 1

Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN FRI, 4PM TO 6PM3D WALKTHROUGH
$590,000
3 beds3 baths2,286 sq ft
3611 SW Condor Ave, Portland, OR 97239
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$240,000
2 beds2 baths818 sq ft
12078 SE Pine St #7, Portland, OR 97216
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$650,000
3 beds3 baths2,394 sq ft
12550 SW Moorhen Way, Beaverton, OR 97007
Redfin
REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$535,000
4 beds2.5 baths2,235 sq ft
2608 NE 164th Ave, Vancouver, WA 98684
Redfin
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$524,900
3 beds2 baths1,478 sq ft
738 NE Meadow Dr, Portland, OR 97211
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D & VIDEO TOUR
$890,000
5 beds3.5 baths3,459 sq ft
19405 NE 22nd Cir, Vancouver, WA 98684
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$675,000
3 beds2 baths1,968 sq ft
11255 SW Timberline Dr, Beaverton, OR 97008
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$325,000
3 beds3 baths1,525 sq ft
4436 NE Nicholson Loop, Vancouver, WA 98661
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D & VIDEO TOUR
$524,900
3 beds3 baths1,832 sq ft
11596 SE Springcrest Dr, Clackamas, OR 97015
Redfin
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$342,500
2 beds2 baths1,081 sq ft
9600 NW Miller Hill Dr, Portland, OR 97229
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Irvington Elementary School

Public K-5 • Assigned • 0.8mi

10/10

Harriet Tubman Middle School

Public 6-8 • Assigned • 1.4mi

8/10

Grant High School

Public 9-12 • Assigned • 1.0mi

9/10

Provided by GreatSchools

About Sullivan's

Gulch

Sullivan's Gulch, located between the Lloyd District and Hollywood, is a rail-corridor and hillside Portland neighborhood with a sunken freeway trench and pockety residential streets. The neighborhood’s energy concentrates around NE Broadway & NE 28th Ave, where sidewalk patios, indie boutiques, and late-night bites cluster under a steady stream of foot traffic. The Zipper anchors the area with a food hall feel, while The Hollywood Theatre and Laurelhurst Theater keep marquee lights on after dark. Early-20th-century bungalows and small apartment courts line the slopes above I-84. Bike routes and frequent transit stitch together parks, cafes, and corner markets. The gulch itself reads as a dramatic cut through the grid, shaping sound, views, and movement.

Provided by Walk Score and Local Logic

Offer insights

2150 NE Multnomah St · $489,900

Strong offer

$489K and above

75% chance or better to win

Why $489K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 66 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Ceiling fans
Garage door opener
Hardwood floors
High ceilings
Wall-to-wall carpet
Washer and dryer included
Double pane windows
Gas fireplace (1)

Bedrooms
Primary bedroom with bay window, ceiling fan, ensuite and walk-in closet (upper level)
Second bedroom with closet and wall-to-wall carpet (upper level)
Third bedroom with closet and wall-to-wall carpet (upper level)

Bathrooms
Two full bathrooms
One half bathroom

Kitchen
Dishwasher
Disposal
Free-standing gas range
Free-standing refrigerator
Microwave
Tile (kitchen flooring)
Eat bar

Laundry & utility
Washer and dryer included in unit
Gas hot water (tank)

Flooring
Hardwood floors
Wall-to-wall carpet
Tile

Heating & cooling
Forced air heating (gas)
Central air conditioning

Sale and tax history for 2150 NE Multnomah St

Sale History
Tax History

Date

Event

Price

RMLS #533849596

Aug 13, 2026

Listed

$489,900

$324/sq ft

RENT. #2

Jan 17, 2024

Rental Removed

$2,695

$2/sq ft

Jan 7, 2024

Listed for Rent

$2,695

$2/sq ft

Dec 6, 2023

Rental Removed

$2,695

$2/sq ft

Nov 25, 2023

Price Changed

$2,695

$2/sq ft

Nov 11, 2023

Price Changed

$2,895

$2/sq ft

Oct 27, 2023

Listed for Rent

$2,995

$2/sq ft

APPFOLIO #1

Jan 20, 2024

Rental Removed

$2,695

$2/sq ft

Jan 6, 2024

Listed for Rent

$2,695

$2/sq ft

Dec 9, 2023

Rental Removed

$2,695

$2/sq ft

Nov 27, 2023

Price Changed

$2,695

$2/sq ft

Nov 10, 2023

Price Changed

$2,895

$2/sq ft

Sep 17, 2023

Listed for Rent

$2,995

$2/sq ft

Public Records

Jul 29, 2016

Sold

$400,000

$264/sq ft

Public Records

Jun 10, 2015

Sold

$340,000

$225/sq ft

Public Records

Jul 6, 2004

Sold

$232,500

$154/sq ft

Public record

Public record
Zoning
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2004

Finished Sq. Ft.

1,514

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,514

Year built

2004

Style

Condo/Co-op

County

Multnomah County

APN

R547240

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 23, 2026.

R2.5

Residential 2,500 zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Zone overlays

Constrained Sites Overlay Zone
Environmental Conservation Overlay Zone

Permitted uses

Include but are not limited to:

Housing

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 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97232

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

81/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.8 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2150 NE Multnomah St

$484,650

$5,250 under list price of $490K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $630K.

SOLD APR 30, 2026
$315,000 Last sold price
1 bed1 bath972 sq ft
1220 NE 17th Ave Unit 16F, Portland, OR 97232
41 years older
basement
SOLD MAY 29, 2026
$380,000 Last sold price
2 beds1 bath1,040 sq ft
929 SE 16th Ave #3, Portland, OR 97214
$41/sq ft
46 years older
SOLD FEB 13, 2026
$510,000 Last sold price
3 beds3 baths1,312 sq ft
223 NE Ivy St Unit B, Portland, OR 97212
$65/sq ft
2 years older
SOLD SEP 2, 2026
$265,000 Last sold price
2 beds1 bath972 sq ft
1220 NE 17th Ave Unit 2F, Portland, OR 97232
$51/sq ft
41 years older
SOLD JUL 13, 2026
$445,000 Last sold price
3 beds2 baths1,281 sq ft
2825 SE Hawthorne Blvd, Portland, OR 97214
$23/sq ft
62 years older
finished basement
SOLD JUL 14, 2026
$630,000 Last sold price
2 beds2 baths1,530 sq ft
949 NW Overton St #512, Portland, OR 97209
$88/sq ft
3 years newer
basement

Rental earnings

Est. $2,764 per month, based on comparable rentals

Tour for free, no strings attached

Make a winning offer with the help of a local agent

Ask a question

(503) 739-9353