OPEN HOUSE, SAT, 10/3, 12-2! Welcome to this sweet and inviting bungalow located in the heart of Portland’s vibrant Eliot neighborhood. Start your day w/offee on the welcoming front porch or unwind in the evening while taking in the energy of this beloved neighborhood. Inside, abundant natural light fills the home and highlights the newly refinished hardwood floors. The inviting living room is centered around a beautiful wood-burning fireplace, creating the perfect gathering space for cozy evenings at home. Built-ins add both character and functionality, while the adjacent dining room flows naturally into the kitchen. The remodeled kitchen features a French-door refrigerator, high ceilings, and a spacious walk-in pantry area with the flexibility to serve as an eating nook. The main level offers two bedrooms with high ceilings and Fir floors, along with a full bathroom featuring a tub/shower combination. Upstairs, you'll find three additional bedrooms (one non-conforming, and the perfect flex space for a family room, den, or play room) all with brand-new carpets, plus a second full bathroom with a shower. The spacious basement offers excellent ceiling height, a laundry area, abundant storage, and plenty of flexible space for a family room, home gym, hobby area, or additional living space. Outside, the fully fenced backyard is ready to enjoy, with raised garden beds, mature fruit trees, and a spacious, level yard offering endless possibilities for gardening, entertaining, play, or simply creating your own urban retreat. And the close in location is hard to beat. Enjoy easy access to Irving Park, neighborhood coffee shops, cafés, food carts, and public transportation, all within walking distance. This is Portland living at its best with an inviting home in a vibrant neighborhood including plenty of space, character, and flexibility. Newer interior/exterior paint, carpets, countertops, boiler, water heater, roof and more. Make this wonderful home your own after a visit.
Eliot, located between the Willamette River and NE 33rd Avenue, is a historic and industrial Portland neighborhood with riverfront edges and a warehouse-to-workshop streetscape. The neighborhood’s character concentrates around N Mississippi Avenue near Skidmore Street, where sidewalk patios, indie boutiques, and small galleries cluster in a steady hum. Community pillars include Mississippi Studios for live music, Prost! for beer-hall energy, and the historic Wonder Ballroom for concerts and events. Early-20th-century houses line leafy blocks, while brick commercial buildings and light-industrial lots shape the main corridors. Dawson Park and the nearby riverbank paths add open-air breathing room. I-5 and the Broadway Bridge frame the geography with a distinctly urban feel.
Provided by Walk Score and Local Logic
Market insights
517 NE Monroe St · $624,900
DAYS ON MARKET
32 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$624,900
Median sale price in this area is $543,875. (13% lower than this home)
PRICE DROP
1 price drop
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Hardwood floors
Laminate flooring
Wall-to-wall carpet
High ceilings
Built-in features
Coved trim in a bedroom
Laundry
Full unfinished basement
Wood-burning fireplace (1) with fireplace in living room
Vinyl and wood window frames
Bedrooms
Primary bedroom on main level with hardwood floors, closet and high ceilings
Second bedroom on main level with hardwood floors, closet and high ceilings
Third bedroom on upper level with closet and wall-to-wall carpet
Fourth bedroom on upper level with closet and wall-to-wall carpet
Bathrooms
Two full bathrooms (one on the main level and one on the upper level)
Kitchen
Dishwasher
Free‑standing range
Free‑standing refrigerator
Pantry
Stainless steel appliances
Nook
High ceilings
Laundry & utility
Laundry on site
Gas hot water
Flooring
Hardwood floors
Laminate flooring
Wall-to-wall carpet
Heating & cooling
Gravity and radiant heating
No central cooling
Exterior features
Fenced yard with raised beds and porch
Level lot
Paved street access
Wood siding
Home design
Single-family residence
Updated/remodeled
No significant view
Parking
Driveway and on-street parking
Construction
Built in 1923
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electric and gas service
Electricity and solar
View estimated energy costs and solar savings for this home
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
Jan 25, 2022 • Final
Electrical
Electrical
Apr 4, 2016 • Final
Residential bldg/trade
Perform voluntary anchoring of the structure to the existing concrete foundation.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97212
Average low and high temperatures (°F)
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44
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82
59
82
63
76
58
62
48
53
44
51
42
Jan
Feb
Mar
Apr
May
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Jul
Aug
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Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 517 NE Monroe St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $540,000 and $800,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $800K.