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About This Property
Welcome Home! Comfort, Convenience, and a Place to Call Your Own.
Bright, inviting, and thoughtfully designed, this 2 bedroom, 2 bathroom townhouse in Southeast Portland’s Powellhurst-Gilbert neighborhood offers 937 square feet of comfortable living space.
Natural light fills the open living and dining area, while the kitchen features a convenient breakfast bar and pendant lighting perfect for morning coffee, casual meals, or gathering with friends. Bamboo flooring adds warmth and character, and an energy efficient heat pump provides year round comfort.
Upstairs, you'll find two comfortable bedrooms and a full size stacking washer and dryer, making laundry day a breeze. Step outside to your private, fenced patio a cozy spot for entertaining, relaxing outdoors, or giving your four legged friend some fresh air. Dedicated off street parking adds everyday convenience. Located in an established neighborhood near parks, shopping, dining, public transportation, and I-205, this home puts everyday essentials within easy reach.
Light, bright, and ready for your next chapter come see what makes this home special!
Listed by Undra Adams, real estate broker licensed in OR with listing office Proud Ground.
More Information:
For more information about this property, contact Undra Adams, licensed broker in Oregon, at 503-493-0293 x106 or undra@proudground.org
Application Deadline - 12pm on Wed. OCT. 28th
See the Steps to Get Started.
Open House! Saturday Oct 17th. 12-2pm
Property Details
Address:
4572 SE 121ST AVE. Portland, OR 97266
Year Built: 2012
Est. Sq. Ft.: 937
Price: $175,650
Estimated Monthly Payment: $1,765/mo*
Estimated monthly HOA/Condo fees: $64
Estimated Appraised Value: $315,000
Estimated Monthly Property Taxes: $148
Proud Ground Monthly Fee: $51.50, increasing to $52.50 on 1/1/27
Estimated Recording Fees: $800
Max. front end/housing ratio: 40%
Max. back-end ratio: 45%
Minimum home buyer contribution to purchase: $500
1st time homebuyer required?: No
Land Lease or Covenant? Land Lease
*Payment amount assumes 6.875% interest on a 30-year, fixed-rate FirstHome loan of $175,150 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable.
To comfortably afford this home, we recommend an annual household income of at least $53,000. If your income is under this amount it might be difficult to qualify for the home loan.
You must be an income-qualified homebuyer. Owner-occupancy, resale, and other restrictions apply. Final monthly payment and down-payment amount will be determined by the lender based on current interest rates.
Priority will be given to households under 60% of the area median income based on the date of original application with Proud Ground.
Income Qualification
To qualify for this home, your total household income must be at or below a specific amount, based on household size. Proud Ground calculates your income by reviewing recent pay information and accounting for any expected raises or additional income that might occur during the first year you own your home. Household income includes gross annual income (before taxes), commissions, overtime, bonuses, child support, alimony, pensions, benefits, and income from anyone 18 or older living in the home, even if they’re not on the loan. Once you have purchased your home, no additional income certification is required. This is a strict guideline and no exceptions to maximum income limits can be made.
Please review the table to see if you qualify.
| Household Size | Maximum Gross Household Income |
|---|---|
| 1 | $71,900 |
| 2 | $82,150 |
| 3 | $92,400 |
| 4 | $102,650 |
| 5 | $110,900 |
| 6 | $119,100 |
| 7 | $127,300 |
| 8 | $135,500 |
Application Deadline - 12:00 pm on Wednesday October 28th
See the Steps to Get Started.
Funding Support Provided By
