Peaceful Perch Above The Pearl! Have you ever wanted the best of both worlds—a home with boundless opportunities right outside your door that also feels tranquil and serene? If so, this is the condo for you! Leaving the bustling city below, step into this gorgeous 1 bedroom, 2 bath home, and find a quiet sense of ease. With soaring ceilings and expansive double paned widows, the space is wrapped in warm natural light even on those bluesy winter days. The thoughtful layout offers open, airy living with hardwood floors underfoot and the sounds of the city filtered to a whisper—it’s not just quiet, it’s remarkably quiet! A Murphy bed in the living room provides a lovely option for guests and discreetly folds away, freeing up your living space for entertaining. The spacious kitchen feels so inviting and provides a gorgeous space to whip up all your delicious dishes. When you’re ready for coffee in the morning, or something bubbly in the evening, a private balcony gives you a front-row seat to a cinematic city view—a peaceful perch while the city hums below. Ready for a good night’s sleep? Dream of what tomorrow holds in the large and graceful bedroom, complete with ensuite bathroom and built-ins. And, when you’re ready to rejoin the rhythm of the city, just step outside and enjoy the First Thursday Artwalk, a show at The Armory (a stunning historic theater venue), the urban oasis of Tanner Springs Park, and countless amazing restaurants and cafes, all within a few blocks! To make life that much easier, there is also in-unit laundry, attached garage parking, and a dedicated on site storage unit. Come home to the calm and live in the light at this distinctive and absolutely lovely Pearl District condo, a place where you can feel connected, yet completely at peace.
Sold
$525,000
408 NW 12th Ave APT 405, Portland, OR 97209
1beds
1,266sqft
Residential, Condominium
Built in 1998
-- sqft lot
$524,000 Zestimate®
$415/sqft
$3,258 Estimated rent
Home value
$524,000
$487,000 - $561,000
$3,258/mo
Zestimate® history
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List your homeWhat's special
Open airy livingPrivate balconyCinematic city viewSoaring ceilingsEnsuite bathroomSpacious kitchenHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Constance Rigney 503-860-4293,
Living Room Realty,
Matt Guy 503-939-8097,
Living Room Realty
Bought with:
Rachel Slosarik, 201240544
Reger Homes, LLC
Source: RMLS (OR),MLS#: 268050764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Features: Builtin Features, Hardwood Floors, Ensuite, High Ceilings
- Level: Main
Dining room
- Features: Daylight, Hardwood Floors, High Ceilings
- Level: Main
Kitchen
- Features: Builtin Refrigerator, Dishwasher, Hardwood Floors, Convection Oven, Double Oven, Free Standing Range, Quartz
- Level: Main
Living room
- Features: Balcony, Builtin Features, Daylight, Hardwood Floors, High Ceilings
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Built-In Refrigerator, Dishwasher, Double Oven, Free-Standing Gas Range, Range Hood, Wine Cooler, Convection Oven, Free-Standing Range, Electric Water Heater, Tank Water Heater
- Laundry: Laundry Room
Features
- Elevator, High Ceilings, Quartz, Balcony, Built-in Features
- Flooring: Hardwood, Tile, Wood
- Windows: Double Pane Windows, Daylight
- Basement: Storage Space
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,266
- Total interior livable area: 1,266 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Secured, Garage Door Opener, Condo Garage (Attached), Attached, Shared Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance, Main Floor Bedroom Bath, Minimal Steps, Natural Lighting, One Level, Parking, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Exterior features: Balcony
- Has view: Yes
- View description: City, Seasonal, Territorial
Lot
- Features: Corner Lot, Level
Details
- Parcel number: R215460
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Brick
- Roof: Flat
Condition
- Approximately
- New construction: No
- Year built: 1998
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Entry, Intercom Entry
Community
- Community features: Condo Elevator
Location
- Region: Portland
- Subdivision: Pearl District
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $949 monthly
- Amenities included: Commons, Exterior Maintenance, Gated, Maintenance Grounds, Management, Sewer, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $525,000$415/sqft |
Source:  RMLS (OR) #268050764 Report a problem | ||
| 9/10/2025 | Pending sale | $525,000$415/sqft |
Source: RMLS (OR) #268050764 Report a problem | ||
| 9/3/2025 | Listed for sale | $525,000-18.6%$415/sqft |
Source: RMLS (OR) #268050764 Report a problem | ||
| 10/1/2021 | Sold | $645,000$509/sqft |
Source: RMLS (OR) #21362198 Report a problem | ||
| 8/19/2021 | Pending sale | $645,000$509/sqft |
Source: RMLS (OR) #21362198 Report a problem | ||
| 7/30/2021 | Listed for sale | $645,000-5.8%$509/sqft |
Source: RMLS (OR) #21362198 Report a problem | ||
| 11/9/2020 | Listing removed | $685,000$541/sqft |
Source: Living Room Realty #20653033 Report a problem | ||
| 4/13/2020 | Price change | $685,000-2.1%$541/sqft |
Source: Living Room Realty #20653033 Report a problem | ||
| 2/28/2020 | Listed for sale | $700,000+72.8%$553/sqft |
Source: Living Room Realty #20653033 Report a problem | ||
| 1/27/2012 | Sold | $405,000-2.4%$320/sqft |
Source: RMLS (OR) #11477041 Report a problem | ||
| 12/31/2011 | Pending sale | $415,000$328/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11477041 Report a problem | ||
| 10/25/2011 | Listed for sale | $415,000+72.9%$328/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11477041 Report a problem | ||
| 1/22/1998 | Sold | $240,000$190/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,859 +9.6% | $386,430 +3% |
| 2024 | $8,992 -6.1% | $375,180 +3% |
| 2023 | $9,578 +1.5% | $364,260 +3% |
| 2022 | $9,435 +1.7% | $353,660 +3% |
| 2021 | $9,275 +9% | $343,360 +3% |
| 2020 | $8,508 +3.8% | $333,360 +3% |
| 2019 | $8,195 | $323,660 +3% |
| 2018 | $8,195 +3% | $314,240 +3% |
| 2017 | $7,954 +14% | $305,090 +3% |
| 2016 | $6,977 | $296,210 +3% |
| 2015 | $6,977 +2.7% | $287,590 +3% |
| 2014 | $6,794 +6.4% | $279,220 +3% |
| 2013 | $6,385 +18.9% | $271,090 +3% |
| 2012 | $5,369 +4.6% | $263,200 +3% |
| 2011 | $5,131 -4.8% | $255,540 +3% |
| 2010 | $5,391 +2.7% | $248,100 +3% |
| 2009 | $5,248 +5.9% | $240,880 +3% |
| 2008 | $4,954 +0.2% | $233,870 +3% |
| 2007 | $4,944 +11.4% | $227,060 +3% |
| 2006 | $4,439 | $220,450 |
Find assessor info on the county website
Neighborhood: Pearl District
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 0.6 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
$524,000
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Estimated market value
$524,000
- Oregon
- Multnomah County
- Portland
- 97209
- Pearl District
- 408 NW 12th Ave Apartment 405
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