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  • Price cut: $50K (6/27)
    $575,000

    408 NW 12th Ave APT 608, Portland, OR 97209

    1beds
    1,290sqft
    : 
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    Residential, Condominium
    Built in 1998
    -- sqft lot
    $565,900 Zestimate®
    $446/sqft
    $1,234/mo HOA

    What's special

    Gas fireplaceWest facing viewsGas rangeLots of countertop spaceFloor to ceiling windowsHardwood floorsStainless steel appliances
    Located in the heart of the Pearl District, this 6th floor penthouse condo at McKenzie Lofts offers west facing views, floor to ceiling windows and French doors that open onto a spacious deck that spans the width of the unit. With one bedroom and two full bathrooms, this layout provides 1,290 square feet of open living. The main living area features hardwood floors, a gas fireplace, built-in shelves with a library ladder + a Murphy bed for bonus guest space. The spacious kitchen is perfect for entertaining with stainless steel appliances, a gas range and lots of countertop space. The oak hardwood floors have been recently refinished and fresh interior paint throughout makes this unit light and bright. Deeded parking and storage included. Walk score=99; Bike Score=98
    186 days
    |
    273
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Turner 503-312-4642,

    Lovejoy Real Estate

    Source: RMLS (OR),MLS#: 457229034MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      Rooms
      • Room types: Laundry, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Hardwood Floors, Suite, Tile Floor, Walkin Closet, Walkin Shower
      • Level: Main
      Dining room
      • Features: French Doors, Hardwood Floors
      • Level: Main
      Kitchen
      • Features: Dishwasher, Gas Appliances, Hardwood Floors, Island, Microwave, Free Standing Refrigerator, Granite, Plumbed For Ice Maker
      • Level: Main
      Living room
      • Features: Balcony, Builtin Features, Fireplace, Hardwood Floors
      • Level: Main
      Heating
      • Heat Pump, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
      • Laundry: Laundry Room
      Features
      • Granite, Kitchen Island, Balcony, Built-in Features, Suite, Walk-In Closet(s), Walkin Shower
      • Flooring: Hardwood, Tile, Wood
      • Doors: French Doors
      • Windows: Double Pane Windows
      • Basement: Full
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,290
      • Total interior livable area: 1,290 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Secured, Condo Garage (Undeeded), Attached
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway, Main Floor Bedroom Bath, Minimal Steps, One Level, Parking, Utility Room On Main, Walkin Shower, Accessibility
      Features
      • Stories: 1
      • Entry location: Upper Floor
      • Patio & porch: Deck
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City, Trees/Woods
      Lot
      • Features: Corner Lot, Level
      Details
      • Parcel number: R215493
      • Zoning: EX

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Residential, Condominium
      Materials
      • Brick, Metal Siding
      • Foundation: Slab
      • Roof: Flat
      Condition
      • Resale
      • New construction: No
      • Year built: 1998

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Condo Elevator
      • Security: Entry, Intercom Entry
      • Subdivision: Pearl
      HOA
      • Has HOA: Yes
      • Amenities included: Commons, Exterior Maintenance, Maintenance Grounds, Management, Sewer, Trash, Water
      • HOA fee: $1,234 monthly
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $446/sqft
      • Tax assessed value: $729,880
      • Annual tax amount: $13,335
      • Date on market: 1/6/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $565,900

        $538,000 - $594,000

        $3,380/mo

        Price history

        DateEventPrice
        6/27/2026Price change$575,000-8%$446/sqft
        Source: RMLS (OR) #457229034 Report a problem
        4/27/2026Price change$625,000-3.8%$484/sqft
        Source: RMLS (OR) #457229034 Report a problem
        2/5/2026Price change$650,000-3.7%$504/sqft
        Source: RMLS (OR) #457229034 Report a problem
        1/6/2026Listed for sale$675,000+21.6%$523/sqft
        Source: RMLS (OR) #457229034 Report a problem
        3/18/2005Sold$555,000$430/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,335 +28%$579,700 +5.5%
        2024$10,418 -8.6%$549,420 -2.4%
        2023$11,392 -1.1%$562,820 +3%
        2022$11,523 -0.5%$546,430 +3%
        2021$11,575 +4.5%$530,520 +3%
        2020$11,078 -12.1%$515,070 +3%
        2019$12,604 $500,070 +3%
        2018$12,604 +2.6%$485,510 +3%
        2017$12,290 +15.8%$471,370 +3%
        2016$10,609 $457,650 +3%
        2015$10,609 +6.4%$444,330 +3%
        2014$9,975 +22.4%$431,390 +3%
        2013$8,147 +20%$418,830 +3%
        2012$6,788 -2.4%$406,640 +3%
        2011$6,951 -12.8%$394,800 +3%
        2010$7,969 -1.7%$383,310 +3%
        2009$8,108 +5.9%$372,150 +3%
        2008$7,654 +0.2%$361,320 +3%
        2007$7,638 +11.4%$350,800 +3%
        2006$6,858 $340,590
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Pearl District

        Getting around

        99 / 100
        Walker's Paradise
        89 / 100
        Excellent Transit
        98 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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