Perched in the iconic Marshall Wells building, this light-filled studio lives large in the heart of the Pearl. Built in 1910 by the Marshall Wells Hardware Company and designed by noted architect Daniel Burnham, this National Register-listed warehouse was thoughtfully converted in the early 2000s into residential lofts that honor its unique heavy-timber structure and light-filled industrial design. High ceilings, exposed beams, columns and dramatic almost floor-to-ceiling windows define the space and flood the unit with natural light. #417 offers a smart, open layout with meaningful updates throughout. Recent improvements include new LVP flooring with sound-deadening underlayment (2022), a dedicated water branch shutoff (2023), new refrigerator (2023), new barely-used range and dishwasher (2024), new double-sink bathroom vanity (2024), and new ceiling fan (2025). West-facing windows capture glowing sunset views over the West Hills, while mature trees provide a welcome visual buffer from I-405 during the spring, summer, and fall. At the heart of the building is a 5,000 s.f. open-air courtyard, offering a welcoming place to gather with neighbors or enjoy a quiet moment outdoors. Plus, with a Walk Score of 98, Bike Score of 97, and Transit Score of 83, you're moments from some of Portland's best restaurants, cafés, shops, and grocery stores. Includes a full-size secure indoor deeded parking space. With an incredibly well-managed HOA and one of the Pearl's most storied buildings, this is a rare opportunity to own a true Portland classic that blends history, light, and livability.
Sold
$245,000
1420 NW Lovejoy St APT 417, Portland, OR 97209
1beds
624sqft
Residential, Condominium
Built in 1910
-- sqft lot
$245,300 Zestimate®
$393/sqft
$1,800 Estimated rent
Home value
$245,300
$231,000 - $260,000
$1,800/mo
Zestimate® history
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List your homeWhat's special
Light-filled industrial designSmart open layoutUnique heavy-timber structureLight-filled studioHigh ceilingsDramatic almost floor-to-ceiling windowsExposed beams
Zillow last checked:
Listing updated:
Listed by:
Keri Friedman 971-266-1802,
Urban Nest Realty
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 207055289
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Beamed Ceilings, High Ceilings
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Dining room
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Features: Dishwasher, Disposal, Microwave, Free Standing Range, Free Standing Refrigerator
- Level: Main
- Area: 100
- Width: 10
Living room
- Features: Beamed Ceilings, High Ceilings
- Level: Main
- Area: 330
- Dimensions: 10 x 33
Heating
- Forced Air
Cooling
- Air Conditioning Ready
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Range, Free-Standing Refrigerator, Electric Water Heater
Features
- Ceiling Fan(s), High Ceilings, Beamed Ceilings
- Windows: Double Pane Windows
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 624
- Total interior livable area: 624 sqft
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Off Street, Condo Garage (Deeded), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Hallway, Main Floor Bedroom Bath, One Level, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Has view: Yes
- View description: Territorial
Details
- Parcel number: R530071
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Hard Concrete Stucco
- Foundation: Concrete Perimeter
- Roof: Built-Up
Condition
- Resale
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Intercom Entry, Security Gate
Community
- Community features: Condo Elevator
Location
- Region: Portland
- Subdivision: Pearl/Marshall Wells
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $492 monthly
- Amenities included: Commons, Exterior Maintenance, Maintenance Grounds, Management, Sewer, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Sold | $245,000-5.8%$393/sqft |
Source:  RMLS (OR) #207055289 Report a problem | ||
| 4/7/2026 | Pending sale | $260,000$417/sqft |
Source: RMLS (OR) #207055289 Report a problem | ||
| 1/7/2026 | Listed for sale | $260,000-7.1%$417/sqft |
Source: RMLS (OR) #207055289 Report a problem | ||
| 12/10/2021 | Sold | $280,000+0%$449/sqft |
Source: RMLS (OR) #21428446 Report a problem | ||
| 11/19/2021 | Pending sale | $279,900$449/sqft |
Source: RMLS (OR) #21428446 Report a problem | ||
| 11/18/2021 | Listed for sale | $279,900+99.9%$449/sqft |
Source: RMLS (OR) #21428446 Report a problem | ||
| 12/2/2002 | Sold | $140,000$224/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,339 -1.9% | $179,720 +3% |
| 2024 | $4,425 -1.3% | $174,490 +3% |
| 2023 | $4,485 +2.2% | $169,410 +3% |
| 2022 | $4,388 +1.7% | $164,480 +3% |
| 2021 | $4,314 +9% | $159,690 +3% |
| 2020 | $3,957 +3.8% | $155,040 +3% |
| 2019 | $3,812 | $150,530 +3% |
| 2018 | $3,812 +3% | $146,150 +3% |
| 2017 | $3,700 +14% | $141,900 +3% |
| 2016 | $3,245 | $137,770 +1590.4% |
| 2015 | $3,245 +1882.9% | $8,150 +2.9% |
| 2014 | $164 -0.3% | $7,920 +3% |
| 2013 | $164 +5% | $7,690 +2.9% |
| 2012 | $156 +0.4% | $7,470 +2.9% |
| 2011 | $156 +2.2% | $7,260 +3% |
| 2010 | $152 +2% | $7,050 +2.9% |
| 2009 | $149 +5.8% | $6,850 +2.9% |
| 2008 | $141 +0.1% | $6,660 +2.9% |
| 2007 | $141 +11.2% | $6,470 +2.9% |
| 2006 | $127 | $6,290 |
Find assessor info on the county website
Neighborhood: Pearl District
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 0.8 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
$245,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$245,300
- Oregon
- Multnomah County
- Portland
- 97209
- Pearl District
- 1420 NW Lovejoy St Apartment 417
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