Shawn Realty 503-515-44994 bd • 3 ba • 1,719 sq ft
43 NE 87TH AVE, Portland, OR 97220
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- Bedrooms
- 4
- Total Baths
- 3
- Building Area
- 1,719 sq ft
- Price/Sq Ft
- $378/sq ft
- Year Built
- 2026
- Garage
- 1 space · Attached
- County
- Multnomah
- Annual Tax
- $2,368 (2025)
- HOA
- None
- Days on Market
- 36 days
- Open House
- None scheduled
Monthly payment
$4,268 per month
- Principal & interest$3,935
- Property taxes$197
- HOA dues$0
- Home insurance$135
- 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% ($64,995) on $649,950; loan $584,955
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $197/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $135/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
Welcome to this thoughtfully designed, newly constructed 4-bedroom townhouse in Portland's charming Montavilla neighborhood. This attached home offers a versatile two-story floor plan with three bedrooms upstairs and a fourth on the main level, ideal for a home office, guest room, or flexible living space. The open-concept great room features a cozy gas fireplace and flows seamlessly into the dining area, creating an inviting space for everyday living and entertaining. Durable luxury vinyl plank flooring runs throughout the main level, while carpeting adds comfort upstairs. Built with energy efficiency in mind, the home is pre-wired for future air conditioning installation and solar-ready, offering flexibility for future upgrades. An attached garage adds everyday convenience. Enjoy easy access to Montavilla's vibrant neighborhood shops, cafés, restaurants, and popular Farmers Market. Nearby Mt. Tabor Park offers beautiful green spaces and outdoor recreation, while the historic Montavilla business district is home to an eclectic mix of independent businesses and neighborhood favorites. Enjoy the comfort and convenience of new construction in one of Portland's most distinctive and welcoming neighborhoods.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Attached |
| Bedrooms | 4 |
| Total Baths | 3 |
| Full Baths | 3 |
| Partial Baths | 0 |
| Building Area (sq ft) | 1719 |
| Lot Size (acres) | 0.06 |
| Lot Size (sq ft) | 2613 |
| Year Built | 2026 |
| Garage Spaces | 1 |
| County | Multnomah |
| Subdivision | MONTAVILLA |
| Elementary School | Vestal |
| Middle School | Harrison Park |
| High School | Leodis McDaniel |
| Heating | Forced Air 95 Plus |
| Cooling | Air Conditioning Ready |
| Appliances | Dishwasher, Free-Standing Range, Free Standing Refrigerator, Island |
| Interior Features | High Ceilings |
| Exterior Features | Patio, Yard |
| Basement | Crawl Space |
| Style | 2 Stories, Townhouse |
| Roof | Composition |
| Fireplaces | 1 |
| View | Yes |
| Lot Features | Level |
| Parking | Driveway, On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $2,368 |
| Tax Year | 2025 |
| Original List Price | $649,950 |
| RMLS # | 398244194 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Michael Smira • John L. Scott Portland Central
Contact: portlandcentral@johnlscott.com
Listing updated: Oct 9, 2026 at 2:19pm
Source: RMLS #398244194 
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 05:01. 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