Ask your agent about the rate buydown incentive with the preferred lender or the option for seller-paid six months of HOA dues with alternative pricing. Step into this remarkable top-floor penthouse in the historic Marshall Wells Lofts, where Portland’s industrial past meets refined urban living. Once a bustling 1910 warehouse for the Marshall-Wells Hardware Company, this iconic Pearl District address now blends heritage, artistry, and modern comfort in perfect harmony. Inside, soaring 14-foot ceilings crafted from old-growth timber immediately impress, while sunlight from the private courtyard fills the space, highlighting the warmth of the sustainable cork flooring. Facing the quiet interior courtyard offers a rare sense of peace - an urban retreat where the city hum fades into calm. The open floor plan creates a seamless flow between the kitchen, living, and dining areas—ideal for hosting friends or unwinding in comfort. Shoji screens frame the primary bedroom complete with a custom walk-in closet of your dreams and a remodeled bathroom designed for modern convenience. The versatile layout offers flexibility to fit your lifestyle—transform the extra space into a second bedroom, home office, or creative studio. Add a decorative divider for temporary use or build out a fully defined the space—the possibilities are yours. Convenience is unmatched with an included washer and dryer, a deeded parking space, and a 105 sq. ft. storage unit. The 7th floor is the only floor with access to gas utilities. Just outside your door, explore the vibrant Pearl District—grab coffee, dine at local favorites, or hop on the Portland Streetcar to connect across the city. With a Walk Score of 98, Transit Score of 83, and Bike Score of 98, this location defines effortless urban living.
Sold
$325,000
1420 NW Lovejoy St APT 725, Portland, OR 97209
1beds
1,140sqft
Residential, Condominium
Built in 1910
-- sqft lot
$324,700 Zestimate®
$285/sqft
$2,429 Estimated rent
Home value
$324,700
$305,000 - $347,000
$2,429/mo
Zestimate® history
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List your homeWhat's special
Top-floor penthouseSustainable cork flooringIncluded washer and dryerCustom walk-in closet
Zillow last checked:
Listing updated:
Listed by:
Randi Thompson 503-793-3587,
Premiere Property Group, LLC
Bought with:
Brooklyn Morgan, 201243976
MORE Realty
Source: RMLS (OR),MLS#: 623395486
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Cork Floor, High Ceilings, Walkin Closet
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Dining room
- Features: Cork Floor, High Ceilings
- Level: Main
- Area: 228
- Dimensions: 12 x 19
Kitchen
- Features: Dishwasher, Island, Microwave, Cork Floor, Free Standing Range, Free Standing Refrigerator, Granite, High Ceilings
- Level: Main
- Area: 128
- Width: 8
Living room
- Features: Cork Floor, High Ceilings
- Level: Main
- Area: 465
- Dimensions: 31 x 15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Features
- Central Vacuum, Elevator, Granite, High Ceilings, Kitchen Island, Walk-In Closet(s)
- Flooring: Cork
- Windows: Double Pane Windows
- Basement: Storage Space
Interior area
- Total structure area: 1,140
- Total interior livable area: 1,140 sqft
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Secured, Garage Door Opener, Condo Garage (Deeded), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance, Accessible Hallway, Natural Lighting, One Level, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Commons, Gated, Level
Details
- Additional parcels included: R530286,R530464
- Parcel number: R530172
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Hard Concrete Stucco
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Intercom Entry, Limited Access, Security Gate
Community
- Community features: Condo Elevator
Location
- Region: Portland
- Subdivision: Marshall Wells | Pearl Dist.
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $898 monthly
- Amenities included: All Landscaping, Commons, Exterior Maintenance, Gated, Hot Water, Insurance, Library, Maintenance Grounds, Management, Sewer, Trash, Utilities, Water
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $325,000$285/sqft |
Source:  RMLS (OR) #623395486 Report a problem | ||
| 12/10/2025 | Pending sale | $325,000$285/sqft |
Source: RMLS (OR) #623395486 Report a problem | ||
| 11/3/2025 | Listed for sale | $325,000-23.3%$285/sqft |
Source: RMLS (OR) #623395486 Report a problem | ||
| 5/11/2023 | Sold | $424,000$372/sqft |
Source: RMLS (OR) #23569803 Report a problem | ||
| 4/21/2023 | Pending sale | $424,000$372/sqft |
Source: RMLS (OR) #23569803 Report a problem | ||
| 3/31/2023 | Listed for sale | $424,000-3.6%$372/sqft |
Source: RMLS (OR) #23569803 Report a problem | ||
| 10/13/2021 | Sold | $440,000-2%$386/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 9/19/2021 | Pending sale | $449,000$394/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 9/8/2021 | Price change | $449,000-1.1%$394/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 8/24/2021 | Price change | $454,000-1.1%$398/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 8/12/2021 | Price change | $459,000-1.3%$403/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 7/22/2021 | Listed for sale | $465,000-6.8%$408/sqft |
Source: RMLS (OR) #21162249 Report a problem | ||
| 7/1/2020 | Listing removed | $499,000$438/sqft |
Source: Hasson Company Realtors #20296862 Report a problem | ||
| 5/13/2020 | Price change | $499,000-5.7%$438/sqft |
Source: Hasson Company Realtors #20296862 Report a problem | ||
| 3/3/2020 | Price change | $529,000-3.6%$464/sqft |
Source: Hasson Company Realtors #20296862 Report a problem | ||
| 1/30/2020 | Listed for sale | $549,000+18.1%$482/sqft |
Source: Hasson Company Realtors #20296862 Report a problem | ||
| 2/7/2018 | Sold | $465,000-2.9%$408/sqft |
Source:  RMLS (OR) #17348669 Report a problem | ||
| 1/4/2018 | Pending sale | $479,000$420/sqft |
Source: Sean Z Becker Real Estate #17348669 Report a problem | ||
| 10/25/2017 | Price change | $479,000-2.8%$420/sqft |
Source: Sean Z Becker Real Estate #17348669 Report a problem | ||
| 10/1/2017 | Price change | $493,000-3.1%$432/sqft |
Source: Sean Z Becker Real Estate #17348669 Report a problem | ||
| 9/5/2017 | Price change | $509,000-3.8%$446/sqft |
Source: Sean Z Becker Real Estate #17348669 Report a problem | ||
| 8/10/2017 | Listed for sale | $529,000+56%$464/sqft |
Source: Sean Z Becker Real Estate #17348669 Report a problem | ||
| 1/22/2016 | Listing removed | $1,950$2/sqft |
Source: Pearl Property Management Report a problem | ||
| 12/16/2015 | Price change | $1,950-13.3%$2/sqft |
Source: Pearl Property Management Report a problem | ||
| 11/9/2015 | Listed for rent | $2,250+15.4%$2/sqft |
Source: Pearl Property Management Report a problem | ||
| 11/28/2013 | Listing removed | $1,950$2/sqft |
Source: Pearl Property Management Report a problem | ||
| 11/6/2013 | Listed for rent | $1,950$2/sqft |
Source: Pearl Property Management Report a problem | ||
| 5/29/2008 | Sold | $339,000+1.8%$297/sqft |
Source: Agent Provided Report a problem | ||
| 3/8/2005 | Sold | $333,000+5.4%$292/sqft |
Source: Public Record Report a problem | ||
| 6/11/2003 | Sold | $316,000$277/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,049 -1.7% | $334,260 +3% |
| 2024 | $7,170 -8% | $324,530 +3% |
| 2023 | $7,789 -1.4% | $315,080 +3% |
| 2022 | $7,903 -1.5% | $305,910 +3% |
| 2021 | $8,023 +9% | $297,000 +3% |
| 2020 | $7,359 +3.8% | $288,350 +3% |
| 2019 | $7,089 | $279,960 +3% |
| 2018 | $7,089 +3% | $271,810 +3% |
| 2017 | $6,880 +14% | $263,900 +3% |
| 2016 | $6,035 | $256,220 +1612.7% |
| 2015 | $6,035 +1916.7% | $14,960 +3% |
| 2014 | $299 -0.3% | $14,530 +3% |
| 2013 | $300 +5% | $14,110 +3% |
| 2012 | $286 +0.4% | $13,700 +2.9% |
| 2011 | $284 +2.1% | $13,310 +2.9% |
| 2010 | $279 +1.9% | $12,930 +2.9% |
| 2009 | $274 +5.9% | $12,560 +3% |
| 2008 | $258 +0.2% | $12,200 +3% |
| 2007 | $258 +11.3% | $11,850 +3% |
| 2006 | $232 | $11,510 |
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
$324,700
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Estimated market value
$324,700
- Oregon
- Multnomah County
- Portland
- 97209
- Pearl District
- 1420 NW Lovejoy St Apartment 725
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