20 NW 16th Ave #405, Portland, OR 97209
Local realty services provided by:Knipe Realty ERA Powered
Listed by: nichole sharman
Office: works real estate503-714-7053
MLS#:407764223
Source:PORTLAND
Price summary
- Price:$155,000
- Price per sq. ft.:$422.34
- Monthly HOA dues:$490
About this home
Beautiful 1920s light-filled top floor corner unit in the heart of Portland. This unique studio layout provides an entryway separate from the spacious living area. The only neighbors are below and on a small section of one wall. Exciting views and the building’s juxtaposition provide for a spectacular feeling of a home in the clouds. The condo’s South-facing direction guarantees a full-day experience of sunshine or weather watching. It features original light fixtures and hardwood floors and has a full laundry room in the unit. Kitchen and living room windows allow for an airy crossflow that is merely unmatched. Building offers elevator, secure entry, bike room, and original details throughout. This historic converted hotel has renovations well underway, with plans for important updates to preserve the Empress’s structural integrity and attend to its cosmetic upkeep. Major projects that have been recently completed are a new roof and new plumbing. To-code electricity is nearly complete. The Owner’s Association Board has carefully assessed and articulated future agendas for maintenance timelines and expenses. Owners will not be caught off-guard by the stewardship responsibilities that come with the good fortune of living in such a time capsule. Close to I-405 but surprisingly quiet relative to bustling city sounds. This location is a commuter’s dream: public transit within blocks, PBOT parking permit is Zone K (lower than nearby Nob Hill/23rd), quick access to freeways in all directions. Steps from The Pearl, Powells, Providence park, NW 23rd, restaurants and shopping. Ten-minute walk to world-famous Forest park provides endless miles of hiking. Near Portland Japanese and Rose Gardens, Washington Park Zoo, and Waterfront Park. Basement storage unit and appliances are included. Since 2021 this home has been a mid-term rental for an average $1600/month. Purchasing furnished is an option....
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Home facts
- Year built:1927
- Listing ID #:407764223
- Added:8 day(s) ago
- Updated:May 13, 2026 at 06:46 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Bathrooms Description:Soaking Tub
- Kitchen Description:Dishwasher, Free Standing Range, Free Standing Refrigerator, Tile
- Basement Description:Unfinished
- Living area:367 sq. ft.
Heating and cooling
- Heating:Zoned
Structure and exterior
- Roof:Built Up
- Year built:1927
- Building area:367 sq. ft.
- Lot Features:Corner Lot
- Architectural Style:Studio
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Lincoln
- Middle school:West Sylvan
- Elementary school:Chapman
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$155,000
- Price per sq. ft.:$422.34
- Tax amount:$2,303 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Double Pane Window(s), High Ceilings, Laundry, Tile Floor, Vinyl Frame Windows, Wood Floors
Parking
- Parking description:On street
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