Listing provided courtesy of Where, Inc- MLS# 684290076MLS Provider

5432 NE 32ND AVEPortland, OR 97211

Condo · 3 Beds · 2 Full Baths · 1 Partial Bath · 2,134 Sq. ft. | 0.06 Acres
$1,475,000 Active

5432 NE 32ND AVE Overview

Time on Site:
68 days
Visits:
4

A rare opportunity to own a bespoke work of architecture nestled in the Alberta Arts district. Designed by architect Mark Holmquist'raised in Germany and Portland, Harvard-trained, and a former associate partner at Foster + Partners (of Apple Park fame)'this modern-day Gesamtkunstwerk was recently published in Dwell, selected for the AIA Portland Homes Tour and AIASF Design Awards. As if carved from a single block of cedar, the faceted pair of townhouses are made distinct through a series of geometric sleights of hand. Slipping one past the other, an unorthodox offset creates two reciprocal, lushly planted outdoor 'rooms'. A thickened party wall'expressed as a notch where the buildings lightly touch'conceals plentiful built-in storage, a critical acoustic decoupling, and allows for an unusually generous south-facing window wall. Upper decks, like the hollows of a tree, offer territorial views shrouded from the sidewalk below. The cascading steps of the front porch, paired with a dramatically cantilevered soffit above, welcome visitors in'a nod to Portland's bungalow vernacular. At the foyer, this compression gives way to the first glimpse of a gossamer stair, suspended from the roof above and threading all three levels in a continuous volume washed in light. Living, dining, and kitchen occupy the main split-level, with two bedrooms and baths on the 2nd. A vaulted, open 3rd floor offers the flexibility of ample additional living space, including a third bedroom. The palette is warm and natural, the finish details refined, and tactile. Solid white oak floors and millwork throughout balance a sleek, velvety European chef's kitchen with polished concrete underfoot. Only the two full baths'charcoal-hued retreats'depart from the airy theme. Guided by passive house principles, the homes are exceptionally energy efficient'and thanks to integrated rooftop solar, nearly net-zero. Built for comfort, longevity, and inspiration'designed as if for the architect themselves. Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10246489

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5432 NE 32ND AVE Facts & Features

  • Type Condo
  • Sq. ft. 2,134
  • Price/Sq.ft. $691
  • Lot 0.06 Acres

Details

General

School Information

  • Elementary School: Vernon
  • Middle Or Junior School: Vernon
  • High School: Jefferson

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: Concordia

Tax Information

  • Tax Annual Amount: 3841.0
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: R166007
  • Property Condition: New Construction
  • Property Sub Type: Attached
  • Property Type: Residential
  • Zoning: R2.5

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 2134.0

General Information

  • Appliances: Appliance Garage,Built-in Oven,Built-in Refrigerator,Convection Oven,Dishwasher,Disposal,Double Oven,ENERGY STAR Qualified Appliances,Induction Cooktop,Island,Microwave,Plumbed For Ice Maker,Quartz,Range Hood,Stainless Steel Appliance(s)
  • Basement: Crawl Space
  • Cooling: EnergyStar Air Conditioning,Heat Pump
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Forced Air95Plus,Heat Exchanger,Passive Solar
  • Interior Features: 3rd Floor,Concrete Floor,Dual Flush Toilet,Hardwood Floors,Heat Recovery Ventilator,High Ceilings,High Speed Internet,Laundry,Passive Solar,Quartz,Reclaimed Material,Tile Floor,Vaulted Ceiling(s),WaterSense Fixture(s),Wood Floors
  • Security Features: Limited Access,Security Gate,Security Lights,Sidewalk
  • Stories: 3
  • Window Features: Aluminum Frames,Triple Pane Windows

Exterior

Parking Information

  • Parking Features: On Street,Parking Pad
  • Parking Total: 0

Lot Information

  • Lot Features: Level,On Busline
  • Lot Size Dimensions: 25' x 100'
  • Lot Size Square Feet: 2613.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Modern,Townhouse
  • Roof: Metal

General Information

  • Exterior Features: Covered Deck,Deck,Fenced,Garden,Patio,Porch,Public Road,Security Lights,Xeriscape Landscaping,Yard
  • Sewer: Public Sewer

5432 NE 32ND AVE Neighborhood

Community

97211 (Portland) Demographics

36
Median Age
3,858
Population Density (per sq. mile)
62%
College Educated
$86,976
Estimated Median Income
9,252
Estimated Total Home Owners
5,084
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5432 NE 32ND AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5432 NE 32ND AVE Market Data

Based on the last 30 days in this zip code

$598,788
Average List Price
$307
Average Price per Square Foot
44
Properties Sold
74
Average Days on Market
118
Properties for Sale
Calculations provided by Reliance Network

5432 NE 32ND AVE History

Date Event Value Agent
6/2/2026Source: Regional MLS Price Reduction
$1,475,000 -6.3%
4/23/2026Source: Regional MLS Added to Database
April 23, 2026