WAIT! THIS IS THE BEST OPPORTUNITY TO OWN IN THE PEARL! MOTIVATED SELLER!! Listed at $100,000 BELOW market value—this is a rare INVESTMENT PLAY. Estimated $3,600–$4,000/month rent means potential immediate cash flow (buyer to verify). Upper-floor 2-bed, 2-bath with sweeping views of the Willamette, skyline, and duck pond. Light-filled open layout with hardwoods, quartz kitchen with gas range, spa-like primary with heated floors, custom closets, and a private balcony. Premium amenities include a full fitness center with sauna, outdoor BBQ courtyard, and paved riverfront trails. Deeded parking and storage included in a secure, professionally managed building. On the quieter edge of the Pearl—steps to top restaurants, cafés, parks, and galleries. Own luxury at a massive discount with strong rental potential. Schedule your private tour today! (Estimated rents are not guaranteed; buyer to perform due diligence and verify all information, including rental policies with HOA/City.)
Sold
$450,000
1260 NW Naito Pkwy Unit 705, Portland, OR 97209
2beds
1,585sqft
Residential, Condominium
Built in 2007
-- sqft lot
$453,800 Zestimate®
$284/sqft
$3,112 Estimated rent
Home value
$453,800
$422,000 - $486,000
$3,112/mo
Zestimate® history
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$4,021/mo
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List your homeWhat's special
Serene duck pondPanoramic viewsHigh-end finishesGas rangeCustom closet systemsPrivate balconyCity skyline
Zillow last checked:
Listing updated:
Listed by:
David Sobolik 503-939-4241,
Knipe Realty ERA Powered
Bought with:
Wendy Foster, 201245054
Reger Homes, LLC
Source: RMLS (OR),MLS#: 368052737
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Walkin Closet
- Level: Main
Kitchen
- Features: Island
- Level: Main
Living room
- Features: Great Room
- Level: Main
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Built-In Refrigerator, Dishwasher, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Features
- Quartz, Kitchen Island, Great Room, Walk-In Closet(s)
- Flooring: Wood
Interior area
- Total structure area: 1,585
- Total interior livable area: 1,585 sqft
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Garage Door Opener, Condo Garage (Other), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Deck, Patio
- Exterior features: Sauna
- Has view: Yes
- View description: City, River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
Lot
- Features: Level
Details
- Additional structures: GuestQuarters
- Parcel number: R618737
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Metal Siding, Stone
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator, Condo Concierge
HOA
- Has HOA: Yes
- HOA fee: $1,219 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $284/sqft
- Annual tax amount: $10,985
- Date on market: 3/28/2025
- Cumulative days on market: 192 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $450,000$284/sqft |
Source:  RMLS (OR) #368052737 Report a problem | ||
| 10/6/2025 | Pending sale | $450,000$284/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 9/9/2025 | Price change | $450,000-2.2%$284/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 9/4/2025 | Price change | $460,000-1.1%$290/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 8/28/2025 | Price change | $465,000-1.1%$293/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 8/20/2025 | Price change | $470,000-1.1%$297/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 8/12/2025 | Price change | $475,000-1%$300/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 7/28/2025 | Price change | $480,000-1%$303/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 7/17/2025 | Price change | $485,000-2.8%$306/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 6/5/2025 | Price change | $499,000-9.3%$315/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 5/8/2025 | Price change | $549,900-4.3%$347/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 3/28/2025 | Listed for sale | $574,900+4.7%$363/sqft |
Source: RMLS (OR) #368052737 Report a problem | ||
| 5/23/2015 | Sold | $549,000$346/sqft |
Source: RMLS (OR) #14307660 Report a problem | ||
| 1/16/2015 | Listing removed | $549,000$346/sqft |
Source: Pinnacle, An American Management Service Northwest Co #14307660 Report a problem | ||
| 11/15/2014 | Price change | $549,000-5.2%$346/sqft |
Source: Pinnacle, An American Management Service Northwest Co #14307660 Report a problem | ||
| 10/21/2014 | Listed for sale | $579,000-3.3%$365/sqft |
Source: Pinnacle, An American Management Service Northwest Co #14307660 Report a problem | ||
| 9/1/2014 | Listing removed | $599,000$378/sqft |
Source: Pinnacle, An American Management Service Northwest Co #14307660 Report a problem | ||
| 1/23/2014 | Listed for sale | $599,000$378/sqft |
Source: Pinnacle, An American Management Service Northwest Co #14307660 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Pearl District
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Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 1.3 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 4.5 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Chapman
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$453,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$453,800
- Oregon
- Multnomah County
- Portland
- 97209
- Pearl District
- 1260 NW Naito Pkwy Unit 705
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