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$499,000

Beds
1
Baths
1.0
sq ft
Unknown

1314 NW Irving St Unit 204, Portland, OR 97209

1314 NW Irving St Unit 204

Portland, OR 97209

  • 82 days on market
    • Price drop $31,000↓
A rare opportunity to own a one-of-a-kind live/work loft that seamlessly blends Portland's industrial charm with modern comfort. Located in the vibrant Pearl District, this exclusive 1,732 sq. ft. residence in the historic Irving Street Lofts offers an open-concept design that is both spacious and functional. This home is defined by soaring ceilings, exposed concrete walls, and expansive south-facing warehouse windows that flood the space with natural light. Architectural columns with custom backlighting highlight the striking industrial design, while concrete floors enhance the contemporary aesthetic. The open living and dining area is perfect for entertaining, and a separate office or bedroom provides flexibility for work or creative pursuits. Additional in-unit storage and laundry for added convenience. The building’s rooftop terrace is a true urban oasis, featuring community garden boxes, BBQ areas, covered dining patios and WiFi. Secure parking in the basement is included through the end of the year. With a Walk Score of 99, Bike Score of 98, and Transit Score of 87, this location offers exceptional access to public transportation, restaurants, parks, and galleries. Low taxes and a successful history as a short-term rental with verifiable income records make this an ideal opportunity for those seeking a true live/work loft in one of Portland’s most iconic historic buildings.

Details

Property type

Condominium

Est. home value

$437,521

Lot size

Unknown

Price per sq ft

Unknown

Year built

1925

Annual property taxes

$4,836.49

Monthly HOA fee

$1,324

Price History

03/16/2025
PortlandOR

PortlandOR #392264176

Price change
$499,000
-5.85%
01/10/2025
PortlandOR

PortlandOR #392264176

Listed
$530,000
+15.09%
03/02/2022
PortlandOR

PortlandOR #22599249

Sold
$460,500
+13.7%

Schools & Community

Neighborhood: 

Pearl District

Elementary school: 

Chapman

Middle school: 

West Sylvan

High school: 

Lincoln

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$71,230
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$387,850
Cash to seller
$71,230

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

February 2022

Original loan amount

$414,450

Est. remaining balance

$387,850

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Eric Anderson and Siena Bendixen Park

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:20 PM

Listing updated: 04/02/2025 at 1:57 AM

Listed by: Lori Fenwick, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #392264176

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