Shawn Realty 503-515-4499
4 bd • 2.5 ba • 2,260 sq ft
15938 SE ALDER ST, Portland, OR 97233
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- Bedrooms
- 4
- Total Baths
- 2.5
- Building Area
- 2,260 sq ft
- Price/Sq Ft
- $265/sq ft
- Year Built
- 1952
- Garage
- 4 spaces · Detached
- County
- Multnomah
- Annual Tax
- $5,941 (2025)
- HOA
- None
- Days on Market
- 86 days
- Open House
- None scheduled
Monthly payment
$4,246 per month
- Principal & interest$3,627
- Property taxes$495
- HOA dues$0
- Home insurance$125
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($59,900) on $599,000; loan $539,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $495/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $125/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
This isn’t just a cosmetic remodel—it’s a comprehensive renovation designed for modern living. Taken down to the studs and thoughtfully remodeled, this home pairs fresh finishes with major improvements behind and beyond the walls, creating a property that feels renewed from the inside out.The renovation includes new insulation, new electrical and plumbing throughout, central heating and air conditioning, a new roof, and new siding. Inside, bright and inviting living spaces feature updated flooring, recessed lighting, a striking stone fireplace, and a refreshed kitchen with generous cabinetry, quartz countertops, and stainless appliances.The newly finished basement dramatically expands the home’s versatility, adding two bedrooms and one-and-a-half bathrooms along with additional finished living space—ideal for guests, a home office, recreation, multi-generational living, or a separate in law living quarters.The improvements continue outside. Four new automatic garage doors enhance the expansive garage space, while new concrete walkways and retaining walls complement newly improved landscaping and an irrigation system. A covered deck overlooks the large, level yard, creating an inviting setting for entertaining, gardening, play, or simply enjoying the outdoors.With extensive improvements from the roof and siding to the electrical, plumbing, insulation, HVAC, finished basement, and exterior, this is a rare opportunity to enjoy the character and space of an established property with the comfort and convenience of a comprehensive renovation. Seller's agent is the son of the seller.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 4 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 2260 |
| Main Level (sq ft) | 1130 |
| Upper Level (sq ft) | 0 |
| Lower Level (sq ft) | 1130 |
| Lot Size (acres) | 0.39 |
| Lot Size (sq ft) | 16988 |
| Year Built | 1952 |
| Garage Spaces | 4 |
| County | Multnomah |
| Elementary School | Harold Oliver |
| Middle School | Centennial |
| High School | Centennial |
| Heating | Forced Air 90 |
| Cooling | Central Air |
| Appliances | Dishwasher, Free Standing Gas Range |
| Interior Features | Laminate Flooring, Quartz, Washer/Dryer |
| Exterior Features | Patio, Second Garage, Sprinkler, Yard |
| Basement | Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit |
| Style | 2 Stories, Daylight Ranch |
| Roof | Shingle |
| Fireplaces | 1 |
| View | No |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $5,941 |
| Tax Year | 2025 |
| Original List Price | $699,000 |
| RMLS # | 222942082 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Nasser Farhoud • Pinnacle Real Estate Service LLC
Listing updated: Nov 10, 2026 at 9:13am
Source: RMLS #222942082
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/14/2026 07:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty