$334,900
NEW CONSTRUCTION $15K PRICE DROP

5465 N Fessenden St Portland, OR 97203

Portsmouth Neighborhood

Estimated payment $1,808/month

Total Views 55,829
2 Beds
1.5 Baths
809 Sq Ft
$414 Price per Sq Ft

Highlights

  • New Construction
  • Traditional Architecture
  • No HOA
  • Seasonal View
  • Quartz Countertops
  • 4-minute walk to Northgate Park

About This Home

Sustainably-Built New Construction Townhome Across from Northgate Park — Corner Unit with No HOA. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including quartz countertops, tile backsplashes, and stainless-steel appliances. Enjoy the benefits of spacious outdoor living with a spacious, private fenced backyard — perfect for entertaining, gardening, or simply unwinding in your own oasis. Built to Earth Advantage Platinum standards, this home delivers exceptional energy efficiency and sustainable design.Special Pricing Note: The listed price is available to buyers who qualify for Portland's SDC waiver program (household income of $140,280 or less and owner-occupancy required). Buyers who do not qualify will pay an additional $25,000. Don’t miss this opportunity to own a modern, eco-conscious home in a prime North Portland location. [Home Energy Score = 10. HES Report at

Listing Agent

Daniel Silvey

Knipe Realty ERA Powered Brokerage Phone: 503-201-8537 License #201209834 Listed on: 07/07/2025

Knipe Realty ERA Powered

Co-Listing Agent

Steve Yurecko

Knipe Realty ERA Powered Brokerage Phone: 503-201-8537 License #900500151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 809 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Seasonal Views
  • Security System Owned

Kitchen

  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Eco-Friendly Details

  • Green Certified Home

Schools

  • Cesar Chavez Elementary And Middle School
  • Roosevelt High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number New Construction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$558

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: ResidentialCommercial
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 21-116405 RS 4758463
  • Property Sub Type: Attached
  • Architectural Style: Stories2, Traditional
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Current Price For Status: 334900.0
  • Open House: No
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 1.1
  • Interior Amenities: LuxuryVinylPlank, Quartz
  • Basement: None
  • Window Features: VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingRange, Microwave, PlumbedForIceMaker, Quartz
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Fenced
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecuritySystemOwned
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cesar Chavez
  • High School: Roosevelt
  • Middle Or Junior School: Cesar Chavez

Lot Info

  • Land Lease: No
  • Parcel #: New Construction

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 558.33

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2025 07/28/25 Price Changed $334,900 -4.3% $414 / Sq Ft
07/07/2025 07/07/25 For Sale $349,900 -- $433 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

About the Listing Agent

Daniel Silvey
Daniel Silvey

Knipe Realty ERA Powered

(503) 447-7195

Section Image

Daniel Silvey earned his master’s in real estate development degree from Portland State University in 2016, CCIM designation in 2021, and MBA in 2023. Daniel serves his clients with a deep, 360-degree understanding of the industry in representing Landlords and Tenant in retail, office, and industrial leasing, and investors and users in the acquisitions and disposition of commercial properties. As the co-founder of development firm DBS Group LLC, Daniel has built close relationships with many of

View Daniel's Profile

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  • 3520 NE 44th Ave, Portland, OR 97213

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  • 3522 NE 44th Ave, Portland, OR 97213

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  • 3528 NE 44th Ave, Portland, OR 97213

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    • 2.5 Baths
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    Welcome to Beaumont Bostads, a thoughtfully designed Cottage Cluster Development nestled in the coveted Beaumont-Wilshire neighborhood of NE Portland. This 3-bedroom, 2.5-bathroom home blends modern Scandinavian aesthetics with the warmth of community living—while offering the privacy and independence of a fee simple home on its own lot, with no HOA. Meticulously crafted with custom design

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  • 5469 N Fessenden St, Portland, OR 97203

    $320,000 Sold Sep 09, 2025

    • 2 Beds
    • 1.5 Baths
    • 809 Sq Ft
    • 5469 N Fessenden St
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    Sustainably-Built New Construction Townhome Across from Northgate Park — No HOA. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including quartz countertops,

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  • 5477 N Fessenden St, Portland, OR 97203

    $355,000 Sold Aug 29, 2025

    • 2 Beds
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    • 5477 N Fessenden St
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    Sustainably-Built New Construction Townhome Across from Northgate Park — No HOA and HUGE side Yard. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including

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  • 4636 NE Sumner St, Portland, OR 97218

    $329,900 Sold Jan 30, 2025

    • 2 Beds
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    Purchase with as little as $0 down through Seller's preferred lender! FHA financing available for property. for additional information.Welcome to Sumner Garden Townhomes, 12 sustainably-built new construction townhomes adjacent to Sumner Community Garden in the Cully neighborhood of Northeast Portland. Each townhome features 2 bedrooms, one and a half bathrooms, with high-end finishes including

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  • 4638 NE Sumner St, Portland, OR 97218

    $315,000 Sold Apr 11, 2025

    • 2 Beds
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    Purchase with as little as $0 down through Seller's preferred lender for qualified buyers! FHA and conventional financing available for property. Welcome to Sumner Garden Townhomes, 12 sustainably-built new construction townhomes adjacent to Sumner Community Garden in the Cully neighborhood of Northeast Portland. Each townhome features 2 bedrooms, one and a half bathrooms, with high-end finishes

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 508374414

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Portland 97203 Portsmouth

5465 N Fessenden St, Portland, OR

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The 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 brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Daniel Silvey
Daniel Silvey
Listing Agent Section Image
Knipe Realty ERA Powered
(503) 447-7195