2221 SW 1ST AVE # 2225 Portland, OR $ 559,000
2221 SW 1ST AVE # 2225
$ 559,000
Open House 3/1 1pm - 3pm
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2221 SW 1ST AVE # 2225

Portland, OR, 97201
$ 559,000
Bedrooms3 Baths2.0 Sq 1,950

Monthly Estimate*

$ 3,442

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Condo for sale in Portland, OR

for $559,000 with 3 bedrooms and 2 full baths. This 1,950 square foot condo was built in 1973.

Sellers are offering a 2-1 interest rate buydown significantly reducing the buyer’s monthly payment for the first two years. Rare fully remodeled corner residence delivers exceptional downtown value with windows on three sides—East, South, and West—filling the home with natural light throughout the day. Two deeded parking spaces in premium garage locations near the building entrance (one space with tandem flexibility for 2 compact vehicles) so essentially 3 parking spaces a rare and highly sought-after downtown convenience. Two covered view balconies showcase sweeping panoramic vistas of Mt. Hood, the Willamette River, South Waterfront, the West Hills, and Downtown Portland—creating a dramatic backdrop for everyday living and entertaining. The open, light-filled floor plan lives large and flows seamlessly between living, dining, and kitchen spaces.The fully remodeled chef’s kitchen features custom cabinetry, stainless steel appliances, quartz countertops, designer tile backsplash, and a generous island with seating and storage. The living room includes a gas fireplace and opens directly to the east-facing balcony. The primary suite is a true retreat with a second gas fireplace, marbled porcelain accent wall, west-facing balcony, and spa-inspired bath.Full-service amenities include 24-hour concierge, evening security, indoor and outdoor pools, spa, sauna, multiple fitness rooms, and 53 guest parking spaces. Ideally located near the Waterfront, PSU, MAX, Streetcar, and Downtown Cultural District. Rental cap not met. Pet friendly. Seller may consider alternate buyer concessions in lieu of buydown.

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Open House

3/1/2026 1:00 PM - 3:00 PM
2221 SW 1ST AVE # 2225 Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 559,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 10,909

Style

Stories1,Contemporary

Year Built

1973

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

687088324

Features
Interior
Interior Amenities BambooFloor GarageDoorOpener HighCeilings HighSpeedInternet HookupAvailable Laundry Quartz SoakingTub TileFloor WalltoWallCarpet WasherDryer
Basement Finished FullBasement StorageSpace
Total Fireplaces 2
Fireplace Features Gas
Hot Water Electricity
Total Stories 26
Window Features AluminumFrames DoublePaneWindows
Total Bathrooms 2.0
Unit Location UpperFloor
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating Ductless HeatPump MiniSplit
Cooling HeatPump MiniSplit
Roof Other
Appliances BuiltinRange ConvectionOven Dishwasher Disposal FreeStandingRefrigerator Island Microwave PlumbedForIceMaker Quartz SolidSurfaceCountertop StainlessSteelAppliance Tile
HOA Fee 2017.0
Garage Spaces 2.0
Architectural Style Stories1 Contemporary
Security Features Entry HandicapAccess IntercomEntry SecurityLights
Year Built 1973
Stories Count 1
Unit Number 2225
Property Subtype Condominium
Tax Year 2026
Parcel Number R105226
Accessibility AccessibleApproachwithRamp AccessibleDoors AccessibleEntrance MainFloorBedroomBath OneLevel Parking WalkinShower
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities AllLandscaping CableTV Commons Concierge ExteriorMaintenance Insurance Internet Laundry MaintenanceGrounds Management MeetingRoom PartyRoom Pool Sauna Sewer SpaHotTub Trash Water WeightRoom
HOA Y
Full Baths 2
Status Active
Directions 1st and Lincoln come up Entrance Driveway Grant is on your left
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Listing Terms Cash Conventional FHA VALoan
Elementary School Ainsworth
Tax Annual Amount 10909.14
Middle/Junior High School West Sylvan
Property Condition UpdatedRemodeled
Virtual Tour https://briteroom.aryeo.com/videos/01965a14-d586-718c-be11-350d53dda619
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description AMERICAN PLAZA TOWERS CONDOMINIUM FAMILY UNIT LOT 2225
ADU False
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Exterior
Exterior Amenities BuiltinHotTub Deck Garden InGroundPool Patio RaisedBeds Sauna SecurityLights Spa Sprinkler Yard
Parking Features Deeded OffStreet
Lot Features Commons Level LightRail OnBusline StreetCar Trees
Water Source PublicWater
Total Parking 2.0
Garage Type Attached Oversized
Exterior Description Other
Foundation Details ConcretePerimeter
Building Area Total 1950.0
Road Surface Type Concrete
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Internal Only
Street Number 1 2221
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

kgillis@premierepropertygroup.com

Email

Affordability Calculator

$4,351
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,442
Monthly Property Taxes
$909
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/11/2026$559,000 -6.05% Price Down
1/16/2026$595,000 -3.95% Price Down
11/19/2025$619,500 -3.05% Price Down
9/3/2025$639,000 -7.26% Price Down
7/7/2025$689,000 -8.13% Price Down
4/25/2025$750,000 Listed Price

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2221 SW 1ST AVE # 2225, Portland, OR, 97201 is a Condo for sale at $559,000 with 1,950 sqft. 2221 SW 1ST AVE # 2225 has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97201 which is in Portland, OR