$256,100
- 2 Beds
- 1 Bath
- 866 sqft
516 E 2nd St, Rainier, OR 97048
Currently Off Market - Sold May 23, 2025 for $260,000
Home Value
Trulia Estimate
$256KSince last month
Increased$2K (+0.7%)Since last year
Decreased$4K (-1.7%)Since last sale
Decreased$4K (-1.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -48% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $256K |
| August 2026 | $254K |
| July 2026 | $260K |
| June 2026 | $261K |
| May 2026 | $261K |
| April 2026 | $261K |
| March 2026 | $262K |
| February 2026 | $260K |
| January 2026 | $258K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $360,000 | 04/09/26 | 2 | 1 | 1,300 | |
0.16 | Single-Family Home | $350,000 | 12/03/25 | 3 | 1 | 1,112 | |
0.24 | Single-Family Home | $349,900 | 10/08/25 | 3 | 1 | 1,008 | |
0.16 | Single-Family Home | $258,250 | 11/14/25 | 1 | 1 | 524 | |
0.26 | Single-Family Home | $320,625 | 09/10/26 | 4 | 1 | 1,612 | |
0.17 | Single-Family Home | $355,000 | 05/08/26 | 3 | 2 | 2,085 | |
0.27 | Single-Family Home | $365,000 | 08/21/26 | 3 | 2 | 1,597 | |
0.48 | Single-Family Home | $284,000 | 07/01/26 | 3 | 2 | 1,632 | |
0.35 | Single-Family Home | $485,000 | 05/29/26 | 3 | 2 | 1,624 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $472,300 | 3 | 2 | 1,922 | Off Market | |
0.00 | - | - | - | - | Off Market | |
0.01 | $261,300 | 2 | 1 | 866 | Off Market | |
0.04 | $483,100 | 3 | 2 | 1,922 | Off Market | |
0.05 | $451,300 | 3 | 2 | 1,672 | Off Market | |
0.05 | $36,000 | - | - | - | Recently Sold | |
0.06 | - | - | - | - | Off Market | |
0.09 | $260,000 | Studio | 3 | 4,480 | Recently Sold | |
0.09 | $350,900 | 3 | 2 | 1,575 | Off Market | |
0.09 | $39,600 | 3 | 2 | 1,340 | Off Market | |
0.10 | $340,800 | 3 | 1 | 1,008 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2025
866 sqft
$296/sqft
1 Car Garage
About this House
This beautifully designed single-level home offers modern living with a relaxed, peaceful setting. The open floor plan creates a seamless flow from the stylish kitchen to the living area that overlooks a treed greenspace. Crafted with high-quality building materials, this duplex boasts exceptional durability and style while the large windows allow natural light to pour in. Enjoy the convenience of low-maintenance living while being just a short walk away from local shops, cafes, and all the charm this small town has to offer. Don’t miss out on this incredible opportunity to own a piece of this serene community with all the comforts of a brand-new home!
516 E 2nd St, Rainier, OR 97048 is a 2 bedroom, 1 bathroom, 866 sqft single-family home built in 2025. It last sold for $260,000 on May 23, 2025 (2% below the $264,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $256,100, with a rent estimate of $1,796/month.
Last check for updates: about 9 hours ago
Listed by Sarah Borders, (503) 396-9497
RE/MAX Powerpros
Bought with: Chandy Baldoni, (503) 899-7312, HomeSmart Realty Group
Source: RMLS (OR), MLS#615697572

Home Details for 516 E 2nd St
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MLS Status: Sold |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 866 Square Feet |
Appliances & Utilities Utilities: Cable Connected, DSLAppliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Electric Water HeaterDishwasherDisposalMicrowave |
Heating & Cooling Heating: Heat Pump,ZonedHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Windows, Doors, Floors & Walls Window: Vinyl FramesDoor: Sliding DoorsFlooring: LaminateCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Accessibility: Garage On Main, Minimal Steps, One Level, AccessibilityFloors: Laminate |
View Has a ViewView: River, Territorial, Trees/Woods |
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Exterior Home Features Roof: CompositionPatio / Porch: Deck, PorchFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Driveway,On Street,Garage Door Opener,Attached |
Frontage Road Frontage: Public RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 63 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential |
Building Construction Materials: Board & Batten SidingIs a New ConstructionAttached To Another Structure |
Property Information Condition: New ConstructionParcel Number: 18300 |
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Price List Price: $264,999 |
Status Change & Dates Off Market Date: Wed Apr 09 2025 |
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Direction & Address City: Rainier |
School Information Elementary School: Hudson ParkJr High / Middle School: RainierHigh School: Rainier |
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Building Area Building Area: 866 Square Feet |
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Not Senior Community |
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No HOA |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 615697572Water ViewWater View: River |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 23, 2025 Source: RMLS (OR) #615697572 | Sold | $260,000 |
May 1, 2025 Source: RMLS (OR) #615697572 | Pending | $264,999 |
Market trends in Rainier
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
25
6MoM
Around this home
What Locals Say about Rainier
At least 14 Trulia users voted on each feature.
88 % Say yards are well-kept
88 % Say parking is easy
81 % Say car is needed
76 % Say people would walk alone at night
75 % Say it's dog friendly
71 % Say there's wildlife
63 % Say they plan to stay for at least 5 years
60 % Say neighbors are friendly
60 % Say there's holiday spirit
58 % Say it's walkable to restaurants
57 % Say it's quiet
52 % Say there are sidewalks
50 % Say kids play outside
48 % Say it's walkable to grocery stores
35 % Say there are community events
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-09-21 01:34:11 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Frequently asked questions about 516 E 2nd St
- What is 516 E 2nd St estimated to be worth?Trulia's estimated value for 516 E 2nd St in Rainier, OR is $256,100.
- What is the price history for 516 E 2nd St?516 E 2nd St in Rainier, OR last sold for $260,000 in May 2025.
- Is Rainier a buyer's or seller's market?Rainier is currently a balanced market, based on recent for-sale activity.
- What do residents say about Rainier?Residents describe Rainier, OR as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Rainier, OR.
- Does 516 E 2nd St have air conditioning?Yes, 516 E 2nd St in Rainier, OR has air conditioning.
- Does 516 E 2nd St have laundry facilities?Yes, 516 E 2nd St in Rainier, OR has laundry facilities.

