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    • Price cut: $40K (6/5)
    $445,000

    2221 SW 1st Ave APT 1524, Portland, OR 97201

    2beds
    1,473sqft
    : 
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    Residential, Condominium
    Built in 1973
    -- sqft lot
    $430,700 Zestimate®
    $302/sqft
    $1,141/mo HOA

    What's special

    Outdoor poolNewly renovated indoor poolSeamless indoor-outdoor living experienceLocker room
    Welcome to your dream condo located in the Grant Tower of the prestigious American Plaza Towers community! Prepare to be mesmerized by the unbelievable views that await you - take in the majestic sights of Mount Hood, the serene Willamette River, the iconic Tillicum Bridge, and the vibrant South Waterfront right from the comfort of your living space. Step inside to discover an open and light-filled floor plan, thoughtfully designed to maximize both space and comfort. Cozy up next to the fireplace in the living room on cooler evenings or enjoy the seamless indoor-outdoor living experience by stepping out to the large view deck accessible from the living room and primary bedroom. The second bedroom is cleverly equipped with a Murphy bed, providing versatility for your needs & guests. The condo also comes with a deed parking space #15 and a generously sized storage unit B-3 #6, ensuring convenience and ample space for your belongings. Investment potential is excellent, as there is no rental cap for the building. With 53 guest parking spaces available, your visitors will always have a place to park comfortably. For added peace of mind, 24/7 concierge and security services are provided. Indulge in an array of amenities within the community, including an outdoor pool, a newly renovated indoor pool, saunas, locker room and meeting rooms equipped with kitchens perfect for hosting gatherings or events. Conveniently located on the Max and bus line, transportation will never be an issue. And for those associated with Oregon Health & Science University (OHSU), you'll be delighted to know that it's just a 5-minute drive. This luxurious condo has an option to be FULLY FURNISHED with outstanding decor, offering a turnkey solution for your new home or investment property, Lease to own is an Option to consider starting Jan 1 2026 $3200 a month
    297 days
    |
    162
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Svaren 503-267-9828,

    Svaren Realty

    Source: RMLS (OR),MLS#: 797318545MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      Rooms
      • Room types: Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Balcony, Bathroom, Sliding Doors, Engineered Hardwood
      • Level: Main
      Bedroom 2
      • Features: Closet, Engineered Hardwood
      • Level: Main
      Dining room
      • Features: Builtin Features, Engineered Hardwood
      • Level: Main
      Kitchen
      • Features: Dishwasher, Disposal, Microwave, Double Oven, Free Standing Refrigerator
      • Level: Main
      Living room
      • Features: Balcony, Fireplace, Great Room, Living Room Dining Room Combo, Sliding Doors, Engineered Hardwood
      • Level: Main
      Heating
      • Baseboard, Mini Split, Fireplace(s)
      Cooling
      • Heat Pump
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater
      • Laundry: Hookup Available, Laundry Room
      Features
      • Closet, Built-in Features, Balcony, Great Room, Living Room Dining Room Combo, Bathroom, Tile
      • Flooring: Engineered Hardwood, Vinyl
      • Doors: Sliding Doors
      • Windows: Double Pane Windows
      • Number of fireplaces: 1
      • Fireplace features: Electric, Gas
      Interior area
      • Total structure area: 1,473
      • Total interior livable area: 1,473 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Deeded, Off Street, Garage Door Opener, Condo Garage (Attached), Attached
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: Accessible Approachwith Ramp, Garage On Main, One Level, Utility Room On Main, Walkin Shower, Accessibility
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Upper Floor
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City, Mountain(s), River
      • Has water view: Yes
      • Water view: River
      Lot
      • Features: Commons, Level, Light Rail, On Busline
      Details
      • Parcel number: R105190

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Residential, Condominium
      Materials
      • Stone
      • Foundation: Concrete Perimeter
      • Roof: Other
      Condition
      • Resale
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: Condo Elevator, Condo Concierge
      • Security: Intercom Entry, Security Gate, Security Guard, Security Lights
      HOA
      • Has HOA: Yes
      • Amenities included: Cable T V, Concierge, Exterior Maintenance, Insurance, Maintenance Grounds, Management, Meeting Room, Pool, Sauna, Sewer, Trash, Water
      • HOA fee: $1,141 monthly
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $302/sqft
      • Tax assessed value: $394,940
      • Annual tax amount: $9,150
      • Date on market: 9/16/2025
      • Listing terms: Cash,Conventional,FHA,Lease Option,VA Loan
      • Road surface type: Concrete

        Estimated market value

        $430,700

        $409,000 - $452,000

        $2,731/mo

        Price history

        DateEventPrice
        7/7/2026Listed for rent$3,400+13.3%$2/sqft
        Source: Zillow Rentals Report a problem
        6/5/2026Price change$445,000-8.2%$302/sqft
        Source: RMLS (OR) #797318545 Report a problem
        12/14/2025Price change$485,000+5.7%$329/sqft
        Source: RMLS (OR) #797318545 Report a problem
        9/16/2025Listed for sale$459,000+9.3%$312/sqft
        Source: RMLS (OR) #797318545 Report a problem
        11/27/2024Listing removed$3,000$2/sqft
        Source: Zillow Rentals Report a problem
        11/17/2024Price change$3,000-6.3%$2/sqft
        Source: Zillow Rentals Report a problem
        11/12/2024Listed for rent$3,200-5.9%$2/sqft
        Source: Zillow Rentals Report a problem
        6/15/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/1/2024Listed for rent$3,400+13.3%$2/sqft
        Source: Zillow Rentals Report a problem
        11/1/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/6/2023Price change$3,000-11.8%$2/sqft
        Source: Zillow Rentals Report a problem
        8/26/2023Price change$3,400-8.1%$2/sqft
        Source: Zillow Rentals Report a problem
        8/10/2023Price change$3,700+5.7%$3/sqft
        Source: Zillow Rentals Report a problem
        7/28/2023Listed for rent$3,500$2/sqft
        Source: Zillow Rentals Report a problem
        12/27/2022Listing removed--
        Source: Zillow Rentals Report a problem
        12/6/2022Listed for rent$3,500$2/sqft
        Source: Zillow Rentals Report a problem
        6/27/2022Sold$420,000+9.1%$285/sqft
        Source: Public Record Report a problem
        5/8/2020Sold$385,000-5.5%$261/sqft
        Source: RMLS (OR) #19613471 Report a problem
        4/2/2020Pending sale$407,500$277/sqft
        Source: Plaza Realty #19613471 Report a problem
        1/17/2020Listed for sale$407,500$277/sqft
        Source: Plaza Realty #19613471 Report a problem
        12/3/2019Pending sale$407,500$277/sqft
        Source: Plaza Realty #19613471 Report a problem
        11/2/2019Price change$407,500-2.7%$277/sqft
        Source: Plaza Realty #19613471 Report a problem
        8/10/2019Listed for sale$419,000$284/sqft
        Source: Plaza Realty #19613471 Report a problem
        8/7/2019Pending sale$419,000$284/sqft
        Source: Plaza Realty #19613471 Report a problem
        8/1/2019Listed for sale$419,000$284/sqft
        Source: Plaza Realty #19613471 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,425 -18.9%$364,490 +3%
        2024$9,150 +9.7%$353,880 +3%
        2023$8,338 +3.5%$343,580 +3%
        2022$8,059 -0.5%$333,580 +3%
        2021$8,102 +1%$323,870 +3%
        2020$8,025 +11.9%$314,440 +11%
        2019$7,173 $283,270 -4.4%
        2018$7,173 +3%$296,400 +11%
        2017$6,962 +14%$267,010 +3%
        2016$6,106 $259,230 +3%
        2015$6,106 +2.7%$251,690 +3%
        2014$5,945 +10.2%$244,360 +3%
        2013$5,398 +4.3%$237,240 +3%
        2012$5,174 +3.9%$230,340 +3%
        2011$4,978 +5.5%$223,630 +3%
        2010$4,718 +2.7%$217,120 +3%
        2009$4,593 $210,800

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        93 / 100
        Walker's Paradise
        87 / 100
        Excellent Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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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