Prepare to fall in love with this truly rare, fully remodeled three bedroom residence perched high above the city in Portland’s iconic 1970s retro modern high rise, Portland Plaza.Unobstructed 270-degree panoramic mountain and river views create a dramatic backdrop from nearly every room, sunrise to sunset, the scenery is nothing short of breathtaking.This turn key home pairs timeless design with modern comfort, featuring tandem two-car parking, abundant storage, and an effortless lock-and-leave lifestyle. Surrounded by Portland’s most beloved parks and lush landscaping, you’ll enjoy a tranquil setting while remaining perfectly positioned in the heart of the city.Portland Plaza occupies an entire city block and offers one of the most comprehensive full service living experiences in the region. Amenities include 24-hour concierge service, pool, fire pits, BBQ areas, herb gardens, fitness center, library, and a newly reimagined lobby and common spaces designed by renowned Portland architect Fritz Junker.The professionally managed association is exceptionally strong, with ample reserves and over $10M in recent modernization, offering long-term confidence and peace of mind. With low taxes, an unbeatable location, and world-class views, this residence delivers the very best of elevated urban living.Rare. Refined. Ready to enjoy.
Sold
$550,000
1500 SW 5th Ave Unit 1602, Portland, OR 97201
3beds
1,620sqft
Residential, Condominium
Built in 1973
-- sqft lot
$552,200 Zestimate®
$340/sqft
$3,754 Estimated rent
Home value
$552,200
$519,000 - $591,000
$3,754/mo
Zestimate® history
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$3,754/mo
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$3,754/mo
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$4,843/mo
Est. payment
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$4,843/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jason Mendell 503-349-4711,
eXp Realty, LLC
Bought with:
Veronica Powell, 200602206
Living Room Realty
Source: RMLS (OR),MLS#: 724421390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Heating
- Baseboard, Forced Air
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Down Draft, Range Hood, Washer/Dryer, Electric Water Heater
Features
- Elevator, Quartz, Granite, Pantry
- Flooring: Wall to Wall Carpet
- Basement: Storage Space
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
Property
Parking
- Total spaces: 2
- Parking features: Deeded, Secured, Garage Door Opener, Condo Garage (Deeded), Extra Deep Garage, Shared Garage, Tandem
- Garage spaces: 2
Features
- Stories: 1
- Entry location: Upper Floor
- Has view: Yes
- View description: City, Mountain(s), River
- Has water view: Yes
- Water view: River
Lot
- Features: Level
Details
- Parcel number: R286379
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Custom Style
- Property subtype: Residential, Condominium
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Condo Elevator, Condo Concierge
Location
- Region: Portland
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,489 monthly
- Amenities included: Commons, Concierge, Exterior Maintenance, Front Yard Landscaping, Gated, Gym, Insurance, Internet, Maintenance Grounds, Management, Party Room, Pool, Sewer, Trash, Water, Weight Room
Other
Other facts
- Listing terms: Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Sold | $550,000-8.3%$340/sqft |
Source:  RMLS (OR) #724421390 Report a problem | ||
| 2/4/2026 | Pending sale | $600,000+0%$370/sqft |
Source: RMLS (OR) #724421390 Report a problem | ||
| 12/23/2025 | Listing removed | $599,950$370/sqft |
Source: eXp Realty #242840709 Report a problem | ||
| 12/22/2025 | Listed for sale | $599,950+166.6%$370/sqft |
Source: eXp Realty #242840709 Report a problem | ||
| 9/11/1997 | Sold | $225,000$139/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,036 -15.2% | $420,350 +0.9% |
| 2024 | $9,471 +14.7% | $416,750 +3% |
| 2023 | $8,254 -1.1% | $404,620 +3% |
| 2022 | $8,350 -13.1% | $392,840 +3% |
| 2021 | $9,608 +4% | $381,400 +3% |
| 2020 | $9,237 +1.5% | $370,300 +3% |
| 2019 | $9,103 | $359,520 +3% |
| 2018 | $9,103 +4.5% | $349,050 +3% |
| 2017 | $8,713 +30.7% | $338,890 +17.2% |
| 2016 | $6,667 | $289,060 +3% |
| 2015 | $6,667 +8.6% | $280,650 +3% |
| 2014 | $6,138 +25.2% | $272,480 +3% |
| 2013 | $4,904 +21.9% | $264,550 +4.9% |
| 2012 | $4,024 -1.4% | $252,240 -1.8% |
| 2011 | $4,083 -12.4% | $256,850 +1.3% |
| 2010 | $4,659 -7.9% | $253,670 +3% |
| 2009 | $5,059 -0.1% | $246,290 +3% |
| 2008 | $5,066 +0.2% | $239,120 +3% |
| 2007 | $5,055 +16.9% | $232,160 +3% |
| 2006 | $4,324 | $225,400 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 1.9 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- 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
$552,200
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
$552,200
- Oregon
- Multnomah County
- Portland
- 97201
- Downtown
- 1500 SW 5th Ave Unit 1602
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