Dreams Start Here
Affordable - Available First come, First serve
13405 SE Foster Road, Portland, Oregon 97236
County: Multnomah
Price: $256,000 or $1,970/mo* | MLS#: 24042536
Beds: 3 | Baths: 2 | Floors: 2 | Est. Sq Ft: 1,244
This newly constructed townhome featuring 3 bedrooms, 2 bathrooms with 2 floors. Located in SE Portland with thoughtful window placement that allows natural light into the townhome. Creating a vibrant and inviting ambiance. This townhome is energy efficient with heat pump to heat and cool the home. New Washer/Dryer, Refrigerator, Range and Dishwasher are included. Water and garbage included in HOA fee.
Home Energy Score 10
The home is eligible for Portland Housing Bureau’s Tax Abatement Program. This program has a $1,000 application fee that can be paid at closing.
Due to the legal structure of this property the only loans that are currently eligible for this home is the Oregon Bond Loan Program.
Please view the photos and submit your application if you’re interested in this home. The top applicant will be given a tour of the home prior to completing a sale agreement.
*Payment amount assumes 5.75% interest on a 30-year, fixed-rate Oregon Bond loan of $255,500 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable. You must be an income-qualified homebuyer with a minimum income of $60,000 to purchase this home with Proud Ground. 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.
Listed by Undra Adams, real estate broker licensed in OR with listing office Proud Ground. For more information about this property, contact Undra Adams, licensed broker in Oregon, at 503-493-0293 x106 or undra@proudground.org
Learn more about this opportunity by attending Proud Ground’s virtual Q & A session Register here
Obtenga más información sobre esta oportunidad asistiendo a la sesión virtual de preguntas y respuestas de Proud Ground Registrar aquí
Join a virtual information session to learn more about Proud Ground’s program. View Calendar here.
Household Size |
Maximum Household Income |
1 | $66,100 |
2 | $75,550 |
3 | $85,000 |
4 | $94,400 |
5 | $102,000 |
6 | $109,550 |
7 | $117,100 |
8 | $124,650 |
Year Built: 2024
Estimated monthly HOA/Condo fees: $274
Estimated Appraised Value: $335,000
Estimated Monthly Property Taxes: $125* w/ tax abatement
Proud Ground Monthly Fee: $50
Estimated Recording Fees: $800
Max. front end/housing ratio: 38%
Max. back-end ratio: 45%
Minimum home buyer contribution to purchase: $500
1st time homebuyer required?: Yes
Land Lease or Covenant? Leasehold Condo
Interested in applying for this home? Click the Application Instructions below.