305 S MONTGOMERY ST # 508/507 Portland, OR $ 995,000
305 S MONTGOMERY ST # 508/507
$ 995,000
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305 S MONTGOMERY ST # 508/507

Portland, OR, 97201
$ 995,000
Bedrooms3 Baths2.1 Sq 2,720

Monthly Estimate*

$ 6,208

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Condo for sale in Portland, OR

for $995,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,720 square foot condo was built in 1986.

**Unique Riverfront Penthouse at RiverPlace – A Rare Find!**Welcome to this exceptional riverfront penthouse at RiverPlace, a true gem where contemporary elegance meets breathtaking views. Originally two separate condos, this unique unit has been thoughtfully combined into one expansive living space, now spanning approximately 2,700 sq ft. Featuring three spacious bedrooms and 2.5 baths, there's even potential to convert the half bath back into a full bathroom by adding a shower. The third bedroom serves a dual purpose as a den or guest room, complete with a custom built-in wall bed, ideal for accommodating visitors or creating a cozy workspace.As you enter, you'll be captivated by the impressive vaulted ceilings and the abundance of natural light pouring in through the skylights. The great room showcases striking mid-century wood paneling, adding character and warmth to the space. Gather around the stunning river rock wood-burning fireplace during cooler evenings, or take advantage of the four expansive decks, each offering incredible river or partial river views for your enjoyment.This penthouse is designed with convenience in mind, boasting an abundance of storage options throughout, complemented by four separate storage units within the building. Parking is a breeze with four designated spaces—two side by side by the entrance and one tandem space—ensuring you and your guests will always have a spot. Modern amenities enhance the living experience, including surround sound throughout the condo, huge walk-in closets for ample storage, and a wet bar in the second family room, perfect for entertaining friends and family. New furnace installed July 2025. This unit is truly a unicorn in the Portland real estate market, offering an unmatched lifestyle on the banks of the Willamette River. Possible OWNER FINANCING AVAILABLE. Don’t miss your chance to make this extraordinary penthouse your new home—schedule a showing today!

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Condo Active

Price

$ 995,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 8,125

Style

Stories1

Year Built

1986

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

334639731

Features
Interior
Interior Amenities CeilingFan HighCeilings Laundry MurphyBed Skylight SoundSystem VaultedCeiling WalltoWallCarpet WasherDryer WoodFloors
Basement None
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Electricity
Total Stories 5
Window Features DoublePaneWindows
Total Bathrooms 2.1
Unit Location UpperFloor
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances ApplianceGarage BuiltinRefrigerator Dishwasher FreeStandingRange Pantry RangeHood Tile
HOA Fee 2926.0
Garage Spaces 1.0
Architectural Style Stories1
Security Features Entry
Year Built 1986
Stories Count 1
Unit Number 508/507
Property Subtype Condominium
Tax Year 2025
Parcel Number R256554
Accessibility MainFloorBedroomBath OneLevel WalkinShower
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities Commons ExteriorMaintenance Insurance MaintenanceGrounds Management
HOA Y
Subdivision Name RIVERPLACE CONDOMINIUMS
Full Baths 2
Status Active
Directions S Montgomery River Drive
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Listing Terms Cash Conventional
Elementary School Ainsworth
Tax Annual Amount 8125.23
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://view.ricoh360.com/9b5d1b15-aa6b-4133-aaf8-d43ed3e30566
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RIVERPLACE CONDOMINIUM NO 1 BLDG F LOT 508
ADU False
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Exterior
Exterior Amenities Deck
Parking Features Deeded OnStreet
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description T111Siding
Building Area Total 2720.0
Road Surface Type Paved
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Internal Only
Street Number 1 305
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* Excluded Features
List By
Soldera Properties, Inc

Broker

mikem@solderaproperties.com

Email

Affordability Calculator

$6,885
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$677
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2025$995,000 -17.08% Price Down
7/11/2025$1,200,000 Listed Price

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305 S MONTGOMERY ST # 508/507, Portland, OR, 97201 is a Condo for sale at $995,000 with 2,720 sqft. 305 S MONTGOMERY ST # 508/507 has 3 bedrooms, 2.1 baths, and was built in 1986. The property's zip code is 97201 which is in Portland, OR