Fixer condo opportunity in American Plaza Towers. 1332 sq’ plus a spacious lanai with views of Mt Hood and Mt Saint Helens. Unparalleled property amenities: 24/7 Concierge, Saltwater Indoor Pool with spa, Outdoor Pool, Sauna, 2 Gyms, 2 sets of Locker Rooms with showers, Lounge/Party Room & More! HOA Fee covers access and maintenance of all amenities plus Sewer, Water, Garbage, High Speed Internet and Cable TV. Wine storage available, check with HOA for current pricing. 53 guest parking spaces on the Plaza Level. Fitness and other classes as well as monthly community events (visit AmericanPlazaTowers.com for more info). The complex borders MAX and Bus Lines. No Rental Cap, so also a great investment opportunity. Includes one deeded secure underground parking spot, with optional additional parking spot wired for EV as an add-on. Seller credit for flooring. Recently installed mini-split in living and master bedroom. Keep the original midcentury features for a vintage look, or take advantage of this low price and upgrade the space to make it your own.
Active
Price cut: $6K (10/6)
$279,000
2221 SW 1st Ave APT 823, Portland, OR 97201
2beds
1,332sqft
Residential, Condominium
Built in 1973
-- sqft lot
$-- Zestimate®
$209/sqft
$1,043/mo HOA
What's special
Original midcentury features
- 46 days
- 424
- 12
Zillow last checked:
Listing updated:
Listed by:
Jennifer Winter 503-440-1600,
Realty First
Source: RMLS (OR),MLS#: 755236780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Free-Standing Refrigerator, Electric Water Heater, ENERGY STAR Qualified Water Heater
- Laundry: Laundry Room
Features
- Elevator, High Speed Internet
- Basement: Storage Space
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,332
- Total interior livable area: 1,332 sqft
Property
Parking
- Parking features: Deeded, Secured, Garage Door Opener, Condo Garage (Deeded), Shared Garage
Accessibility
- Accessibility features: Handicap Access
Features
- Levels: One
- Stories: 1
- Entry location: Lower Floor
- Patio & porch: Covered Deck
- Exterior features: Dog Run, Sauna
- Has private pool: Yes
- Has spa: Yes
- Spa features: Association, Builtin Hot Tub
- Has view: Yes
- View description: City, Mountain(s), River
- Has water view: Yes
- Water view: River
Lot
- Features: Light Rail, On Busline
Details
- Parcel number: R105150
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Hard Concrete Stucco
- Foundation: Concrete Perimeter
- Roof: Built-Up
Condition
- Fixer
- New construction: No
- Year built: 1973
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator, Condo Concierge
- Security: Entry
- Subdivision: American Plaza Towers
HOA
- Has HOA: Yes
- Amenities included: All Landscaping, Cable T V, Commons, Concierge, Exterior Maintenance, Gated, Gym, Insurance, Internet, Maintenance Grounds, Management, Meeting Room, Party Room, Pool, Recreation Facilities, Sauna, Sewer, Spa Hot Tub, Trash, Water
- HOA fee: $1,043 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $338,890
- Annual tax amount: $6,359
- Date on market: 8/22/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Price change | $279,000-2.1%$209/sqft |
Source:  RMLS (OR) #755236780 Report a problem | ||
| 8/22/2026 | Listed for sale | $285,000$214/sqft |
Source: RMLS (OR) #755236780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,359 -12.7% | $309,850 +3% |
| 2024 | $7,286 +9.6% | $300,830 +3% |
| 2023 | $6,645 +3.5% | $292,070 +3% |
| 2022 | $6,420 -0.5% | $283,570 +3% |
| 2021 | $6,452 -0.8% | $275,320 +3% |
| 2020 | $6,503 -1% | $267,310 +3% |
| 2019 | $6,572 | $259,530 +3% |
| 2018 | $6,572 +3% | $251,980 +3% |
| 2017 | $6,378 +14% | $244,650 +3% |
| 2016 | $5,594 | $237,530 +3% |
| 2015 | $5,594 +2.7% | $230,620 +3% |
| 2014 | $5,448 +20.3% | $223,910 +3% |
| 2013 | $4,527 +21.1% | $217,390 +3% |
| 2012 | $3,739 -1.2% | $211,060 +3% |
| 2011 | $3,786 -10.7% | $204,920 +3% |
| 2010 | $4,240 +0.8% | $198,960 +3% |
| 2009 | $4,209 | $193,170 |
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.Climate risks
Neighborhood: Downtown
Nearby schools
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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