Fantastic opportunity! East-facing McKenzie Lofts Penthouse! Expansive deck ready for the season! The outdoor area has water, electricity and is plumbed for natural gas - wonderful extra living area! Excellent fixtures and finishes including oak floors, a gas fireplace, and a new Island with Quartz surface & built-In microwave. The Sub-Zero refrigerator, Wolf stove, Asko dishwasher, and freshened cabinets deliver quality in the Kitchen! The open-plan Living area provides tremendous comfort whether entertaining or quietly relaxing - a true urban oasis! The originally screened 2nd bedroom has been opened and fitted with gorgeous walnut custom cabinetry, adding to the flexibility of the plan. This clever solution houses a Murphy Bed and efficient office as well as desirable storage. The Primary Suite is huge with a walk-through closet and laundry. Two assigned parking spaces and deeded storage add to the livability of this lovely home! Some furniture may be available. Dining ceiling fixture is not included. Enjoy the vibrant Pearl District location with parks, shops, restaurants, galleries, and theater just outside your front door! You will love living here!
Active
Price cut: $26K (5/30)
$599,000
408 NW 12th Ave APT 604, Portland, OR 97209
1beds
1,567sqft
Residential, Condominium
Built in 1998
-- sqft lot
$-- Zestimate®
$382/sqft
$1,453/mo HOA
What's special
Gas fireplaceFreshened cabinetsExcellent fixtures and finishesGorgeous walnut custom cabinetryWolf stoveOak floorsAsko dishwasher
- 71 days |
- 273 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Tom Cotter 503-260-7876,
Think Real Estate
Source: RMLS (OR),MLS#: 571016023
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Hardwood Floors, Suite, Walkin Closet, Washer Dryer
- Level: Main
Dining room
- Features: Garden Window
- Level: Main
Kitchen
- Features: Builtin Refrigerator, Dishwasher, Disposal, Hardwood Floors, Island, Microwave, Free Standing Range, Quartz
- Level: Main
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Refrigerator, Dishwasher, Disposal, Free-Standing Gas Range, Instant Hot Water, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Range, Electric Water Heater
Features
- High Ceilings, High Speed Internet, Kitchen Island, Quartz, Bathroom, Suite, Walk-In Closet(s)
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows, Garden Window(s)
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,567
- Total interior livable area: 1,567 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: On Street, Garage Door Opener, Condo Garage (Undeeded), Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Deck
- Has view: Yes
- View description: City
Lot
- Features: Commons
Details
- Additional parcels included: R215506
- Parcel number: R215489
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1998
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator
- Security: Entry, Intercom Entry, Limited Access
- Subdivision: Pearl District / Mckenzie
HOA
- Has HOA: Yes
- Amenities included: Commons, Exterior Maintenance, Maintenance Grounds, Management, Sewer, Trash, Water
- HOA fee: $1,453 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,050,000
- Annual tax amount: $12,182
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Price change | $599,000-4.2%$382/sqft |
Source:  RMLS (OR) #571016023 Report a problem | ||
| 5/20/2026 | Price change | $625,000-2.3%$399/sqft |
Source: RMLS (OR) #571016023 Report a problem | ||
| 5/1/2026 | Listed for sale | $640,000-17.4%$408/sqft |
Source: RMLS (OR) #571016023 Report a problem | ||
| 6/6/2013 | Sold | $775,000-3%$495/sqft |
Source: RMLS (OR) #13338410 Report a problem | ||
| 4/20/2013 | Listed for sale | $799,000+6.5%$510/sqft |
Source: realty trust group inc #13338410 Report a problem | ||
| 8/5/2005 | Sold | $750,000+25%$479/sqft |
Source: Public Record Report a problem | ||
| 10/22/2004 | Sold | $600,000+26.3%$383/sqft |
Source: Public Record Report a problem | ||
| 4/19/2001 | Sold | $475,000+14.2%$303/sqft |
Source: Public Record Report a problem | ||
| 2/19/1999 | Sold | $416,000$265/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,584 +27.8% | $699,260 +3% |
| 2024 | $14,545 -7.9% | $678,900 +3% |
| 2023 | $15,791 -1.4% | $659,130 +3% |
| 2022 | $16,014 -0.6% | $639,940 +3% |
| 2021 | $16,102 +4.8% | $621,310 +3% |
| 2020 | $15,371 +3.7% | $603,220 +3% |
| 2019 | $14,829 | $585,660 +3% |
| 2018 | $14,829 +3% | $568,610 +3% |
| 2017 | $14,393 +14% | $552,050 +3% |
| 2016 | $12,624 | $535,980 +3% |
| 2015 | $12,624 +2.7% | $520,370 +3% |
| 2014 | $12,292 +18.6% | $505,220 +13.2% |
| 2013 | $10,361 +19.1% | $446,210 +3% |
| 2012 | $8,699 -2.5% | $433,220 +3% |
| 2011 | $8,918 +0.5% | $420,610 +3% |
| 2010 | $8,873 +2.7% | $408,360 +3% |
| 2009 | $8,638 +5.9% | $396,470 +3% |
| 2008 | $8,154 +0.2% | $384,930 +3% |
| 2007 | $8,137 +11.4% | $373,720 +3% |
| 2006 | $7,306 | $362,840 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
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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- Oregon
- Multnomah County
- Portland
- 97209
- Pearl District
- 408 NW 12th Ave Apartment 604
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