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
Active
Price cut: $50K (6/27)
$575,000
408 NW 12th Ave APT 608, Portland, OR 97209
1beds
1,290sqft
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
- 186 days |
- 273 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Turner 503-312-4642,
Lovejoy Real Estate
Source: RMLS (OR),MLS#: 457229034
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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
Zestimate®
$565,900
Estimated sales range
$538,000 - $594,000
Rent Zestimate®
$3,380/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $575,000-8%$446/sqft |
Source: | ||
| 4/27/2026 | Price change | $625,000-3.8%$484/sqft |
Source: | ||
| 2/5/2026 | Price change | $650,000-3.7%$504/sqft |
Source: | ||
| 1/6/2026 | Listed for sale | $675,000+21.6%$523/sqft |
Source: | ||
| 3/18/2005 | Sold | $555,000$430/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $340,590 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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 608