Active

Price cut: $10K (11/10)

$425,000

1500 SW 5th Ave Unit 1601, Portland, OR 97201

2beds

1,319sqft

$4,420/mo

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Residential, Condominium

Built in 1973

-- sqft lot

$-- Zestimate^®

$322/sqft

$1,300/mo HOA

What's special

Western viewSpacious unitWalls of windowsCalm primary suiteConvenient kitchenFunctional layoutSerene outdoor space

Simplify your everyday life with condo living at the Portland Plaza. Surrounded by walls of windows, the western view is nothing but mesmerizing. Experience the West Hills' colorful fall seasons, the spectacular sunset, and the twinkling evening lights of the city. This spacious unit offers a functional layout that incorporates a convenient kitchen, wall of cabinetry in the dining room leading into a large living area. Plenty of wall space for all your favorite paintings and art throughout. A calm primary suite allows for rest and an extra bedroom can serve as your flex space.This lovely community offers many amenities like any other in downtown Portland. A full city block of serene outdoor space is a perfect place for you to soak up the sunshine or enjoy gathering with friends for BBQ dinners. Come and see this wonderful place, the Portland Plaza and the unit 1601!

46 days
717
55

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Rooms

Room types: Entry, Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Features: Double Closet, Double Sinks, Quartz, Soaking Tub, Suite, Wallto Wall Carpet
Level: Main
Area: 260
Dimensions: 20 x 13

Bedroom 2

Features: Closet, Wood Floors
Level: Main
Area: 132
Dimensions: 12 x 11

Dining room

Features: Builtin Features, Wood Floors
Level: Main
Area: 160
Dimensions: 20 x 8

Kitchen

Features: Dishwasher, Disposal, Quartz, Tile Floor
Level: Main
Area: 99
Width: 9

Living room

Features: Wood Floors
Level: Main
Area: 464
Dimensions: 29 x 16

Heating

Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dishwasher, Disposal, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
Laundry: Laundry Room

Features

Quartz, Soaking Tub, Built-in Features, Closet, Double Closet, Double Vanity, Suite, Tile
Flooring: Tile, Wood, Wall to Wall Carpet
Windows: Aluminum Frames
Basement: Full
Fireplace features: Outside

Interior area

Total structure area: 1,319
Total interior livable area: 1,319 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Secured, Condo Garage (Other), Detached
Garage spaces: 1

Accessibility

Accessibility features: Main Floor Bedroom Bath, One Level, Accessibility, Handicap Access

Features

Stories: 1
Entry location: Upper Floor
Patio & porch: Covered Patio, Patio
Exterior features: Water Feature
Fencing: Fenced
Has view: Yes
View description: City, Seasonal, Territorial

Lot

Features: Commons, Level, Light Rail, On Busline, Seasonal, Street Car

Details

Parcel number: R286378

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Residential, Condominium

Materials

Other
Foundation: Concrete Perimeter
Roof: Built-Up

Condition

Updated/Remodeled
New construction: No
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Condo Elevator, Condo Concierge
Security: Entry, Intercom Entry, Security Guard
Subdivision: Cultural District

HOA

Has HOA: Yes
Amenities included: Commons, Concierge, Exterior Maintenance, Insurance, Library, Maintenance Grounds, Management, Meeting Room, Party Room, Pool, Sewer, Trash, Water, Weight Room
HOA fee: $1,300 monthly

Location

Region: Portland

Financial & listing details

Price per square foot: $322/sqft
Tax assessed value: $357,940
Annual tax amount: $6,554
Date on market: 9/28/2026
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/10/2026	Price change	$425,000-2.3%$322/sqft
Source: RMLS (OR) #277691169 Report a problem
9/28/2026	Listed for sale	$435,000+62.9%$330/sqft
Source: RMLS (OR) #277691169 Report a problem
7/17/1997	Sold	$267,000$202/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,843 -15.9%	$357,940 -4%
2024	$8,137 +14.6%	$372,950 +3%
2023	$7,098 -1.1%	$362,090 +3%
2022	$7,176 -13%	$351,550 +3%
2021	$8,245 +4.1%	$341,320 +3%
2020	$7,917 -2.5%	$331,380 +3%
2019	$8,121	$321,730 +3%
2018	$8,121 +8.7%	$312,360 +3%
2017	$7,468 +11.9%	$303,270 +3%
2016	$6,677	$294,440 +3%
2015	$6,677 +8.6%	$285,870 +3%
2014	$6,148 +25.1%	$277,550 +3%
2013	$4,914 +22.1%	$269,470 +6.8%
2012	$4,024 -1.4%	$252,240 -1.8%
2011	$4,083 -12.5%	$256,850 -1.8%
2010	$4,667 -7.9%	$261,630 +3%
2009	$5,067 -3%	$254,010 +3%
2008	$5,224 +0.2%	$246,620 +3%
2007	$5,213 +19.3%	$239,440 +3%
2006	$4,369	$232,470