245 SW MEADE ST # M2 Portland, OR $ 515,000
245 SW MEADE ST # M2
$ 515,000
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245 SW MEADE ST # M2

Portland, OR, 97201
$ 515,000
Bedrooms3 Baths2.1 Sq 1,493

Monthly Estimate*

$ 3,557

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Condo for sale in Portland, OR

for $515,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,493 square foot condo was built in 2005.

Award-Winning Architecture in Historic Lair Hill - Experience the intersection of incredible design, contemporary living, and neighborhood character at The Lair - an award winning condominium community in an established urban neighborhood. Designed by architect Rick Potestio and built by Don Tankersley Construction, this distinctive collection of residences has earned both an AIA Merit Award and an Urban Land Institute Award for its architectural achievement. Natural wood siding, architectural concrete, and expansive windows give the building a striking yet grounded presence, while its intimate scale and shared courtyard foster a sense of community. One of the largest floor plans available, this 3 bedroom, 2.5 bath townhouse-style condo offers approximately 1,493 sq.ft. of thoughtfully arranged living space. High ceilings, wood floors, and a gas fireplace bring warmth and character to the living spaces. The dining and living areas offer a comfortable setting for everyday life and gathering, while the homes layout creates separation between shared spaces and private retreats. Upstairs, the primary bedroom and an additional bedroom offer flexibility for guests, work, or additional living needs. The Lair’s appeal extends beyond its interiors. Set in historic Lair Hill, the community offers a neighborhood feel while remaining close to parks, the Willamette River, and downtown Portland. South Waterfront cafes+restaurants, OHSU and the Tilikum Crossing pedestrian bridge are all within convenient reach. An attached one-car garage adds everyday practicality. Don't miss this opportunity to enjoy award-winning architecture, an intimate community setting, and the enduring character of one of Portland’s most historic neighborhoods.

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Condo Active

Price

$ 515,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 9,144

Style

Contemporary

Year Built

2005

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

158006293

Features
Interior
Interior Amenities GarageDoorOpener Granite HighCeilings Laundry Skylight TileFloor WalltoWallCarpet WasherDryer WoodFloors
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas
Total Stories 3
Window Features DoublePaneWindows
Total Bathrooms 2.1
Unit Location GroundFloor
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Metal
Appliances Dishwasher Disposal FreeStandingGasRange FreeStandingRefrigerator Granite Microwave Pantry StainlessSteelAppliance
Zoning RM2
HOA Fee 825.0
Garage Spaces 1.0
Architectural Style Contemporary
Year Built 2005
Stories Count 3
Unit Number M2
Property Subtype Condominium
Tax Year 2025
Parcel Number R575494
Waterfront Features Seasonal
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities Commons ExteriorMaintenance Insurance Management Sewer Trash Water
HOA Y
Subdivision Name LAIR HILL
Full Baths 2
Status Active
Directions SW 2nd to Meade - Unit is 2nd from end of the complex
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Listing Terms CallListingAgent Cash Conventional
Elementary School Ainsworth
Tax Annual Amount 9144.42
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://youtube.com/shorts/Z9dNCWlGK2g?feature=share
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LAIR CONDOMINIUMS LOT M2
ADU False
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Exterior
Parking Features Driveway OnStreet
Lot Features Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Attached TuckUnder
Exterior Description Other WoodSiding
Building Area Total 1493.0
Road Surface Type Paved
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Internal Only
Street Number 1 245
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* Excluded Features
List By
Modern Homes Collective

Broker

marisa@modernhomesportland.com

Email

Affordability Calculator

$4,319
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,557
Monthly Property Taxes
$762
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/23/2026$515,000 Listed Price

Map


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245 SW MEADE ST # M2, Portland, OR, 97201 is a Condo for sale at $515,000 with 1,493 sqft. 245 SW MEADE ST # M2 has 3 bedrooms, 2.1 baths, and was built in 2005. The property's zip code is 97201 which is in Portland, OR