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Marshall Wells Loft

Marshall Wells Loft

Marshall Wells Loft
Condominium Building
1420 NW Lovejoy St
Portland, OR 97209-2734
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

164 Units
7 Stories
1910 Year Built
$266K - $2.0M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Fitness Center
  • West Sylvan Middle School Rated A-
  • Elevator
  • Gated Community
  • City View
  • 5 min walk to Jamison Square

Historic warehouse turned urban loft living in the Pearl District

Marshall Wells Loft, a testament to Portland's industrial past, stands proudly in the vibrant Pearl District. Originally constructed in 1910 as a hardware warehouse, this 7-story building has been thoughtfully transformed into 164 unique residential units. The conversion preserves the structure's rich history while offering modern urban living. Designed by renowned Chicago architect Daniel Burnham, the building retains its industrial charm with exposed timber beams, high ceilings, and expansive windows that flood the interiors with natural light.

Versatile layouts with industrial-chic finishes

Marshall Wells Loft offers a diverse range of living spaces, from cozy studios to expansive 4-bedroom penthouses. Studios, measuring approximately 700 square feet, provide efficient living with one bathroom. One-bedroom units range from 624 to 2,038 square feet, with up to two bathrooms, and are priced from $260,000 to $429,000. These spaces often feature open floor plans, cork flooring, and large windows overlooking the courtyard or city views. Two-bedroom units, spanning 713 to 2,999 square feet with one to two and a half bathrooms, are available from $499,000 to $1,595,000. Many of these larger units boast split-level designs, offering flexibility for home offices or guest spaces. The rare three-bedroom units, around 2,800 square feet with two and a half bathrooms, are priced at approximately $1,410,000. For those seeking ultimate space, four-bedroom penthouses of about 2,900 square feet with three and a half bathrooms are available around $1,480,000. Throughout the building, residents enjoy the character of the original structure with exposed wood beams, steel brackets, and soaring ceilings up to 16 feet high. Many units feature updated kitchens with stainless steel appliances, granite countertops, and islands perfect for entertaining. Bathrooms in several units have been modernized with heated tile floors and high-end fixtures. Large, wood-framed windows not only preserve the building's historic aesthetic but also provide stunning views of the West Hills, Mount Hood, or the vibrant cityscape. Some units include unique elements such as gas fireplaces, built-in Murphy beds, or private outdoor spaces like patios or decks. In-unit laundry, air conditioning, and ample storage solutions, including walk-in closets with custom organizers, are common features throughout the building.

Secure urban oasis with historic charm

Marshall Wells Loft offers a blend of historic character and modern conveniences. The building's centerpiece is a beautifully landscaped interior courtyard, providing a tranquil retreat for residents. This open-air atrium features mature vegetation, creating a serene atmosphere in the heart of the city. For those with vehicles, the building provides secure, deeded parking spaces in an underground garage. Many units come with one or two assigned spots, a rarity in urban Portland. The garage also houses individual storage units, some with windows, offering extra space for residents' belongings. Bicycle enthusiasts will appreciate the dedicated bike storage area, catering to Portland's cycling culture. The building is equipped with a secure entry system and elevators, ensuring safety and convenience for residents. Package storage is available, addressing the needs of online shoppers. Some units have access to private outdoor spaces, such as patios or decks, perfect for gardening or outdoor relaxation. The building's dog-friendly policy, coupled with nearby dog parks, makes it an ideal home for pet owners. Environmentally conscious residents will appreciate the EV charging units available in the garage. The building's central air conditioning system ensures comfort throughout the changing seasons. While Marshall Wells Loft doesn't offer extensive resort-style amenities, its thoughtful preservation of industrial elements like exposed beams, high ceilings, and expansive windows creates a unique living experience that honors the building's rich history.

Epicenter of art, dining, and urban culture

Marshall Wells Loft is situated in the heart of Portland's Pearl District, a neighborhood renowned for its vibrant arts scene, diverse dining options, and urban sophistication. Once an industrial area, the Pearl has transformed into one of Portland's most desirable locations, blending historic charm with modern amenities. Art enthusiasts will find themselves surrounded by numerous galleries, showcasing everything from contemporary pieces to works by self-taught 20th-century artists. The neighborhood comes alive during the monthly First Thursday art walk, where galleries open their doors for evening viewings and local artists display their creations along the streets. Culinary adventures abound in the Pearl District. Residents can savor upscale Peruvian cuisine at Andina, known for its creative tapas and moody ambiance. For a more casual dining experience, Deschutes Brewery Portland Public House offers craft beers in a converted auto-body repair shop. Coffee lovers will appreciate the Moroccan-influenced Ovation Coffee & Tea, famous for its quickly-selling scones. Shopping options are plentiful and diverse. Powell's City of Books, the world's largest new and used bookstore, is a local landmark and bibliophile's paradise. Fashion-forward residents can explore boutiques like Anthropologie or hunt for deals at Nordstrom Rack, both within walking distance. For everyday needs, the neighborhood offers multiple grocery options. Two Whole Foods locations and a Safeway are conveniently located nearby, ensuring residents have easy access to both specialty and standard grocery items. Green spaces provide a refreshing contrast to the urban landscape. Jamison Square, with its popular wading fountain, is a favorite spot for families in the summer. Tanner Springs Park offers a unique urban wetland experience, complete with an art wall made of fused glass and railroad tracks. The Fields Park, just a short walk away, features a large off-leash dog area, perfect for pet owners. Cultural attractions are also within easy reach. Portland Center Stage offers theatrical performances, while numerous music venues host both local and touring acts. The neighborhood's industrial past is still visible in the form of converted warehouses and loading docks, now repurposed into trendy lofts, offices, and creative spaces.

Connected living with multiple transit options

Marshall Wells Loft benefits from its central location in the Pearl District, offering residents a variety of transportation options. The area's excellent walkability means many daily errands and activities can be accomplished on foot, reducing the need for frequent car use. For those preferring public transit, the Portland Streetcar stop at NW 13th & Lovejoy is just a five-minute walk from the building. This line provides easy access to downtown Portland, Portland State University, and connections to other parts of the city. Bus options are also plentiful, with stops for the Fremont/NW 18th and Thurman/NW 18th lines within a five-minute walk, and the Broadway/Halsey line accessible from NW Glisan & 16th, also about five minutes away on foot. Cycling enthusiasts will find the Pearl District exceptionally bike-friendly, with numerous bike lanes and routes connecting to other parts of the city. The building's secure bike storage makes it convenient for residents to maintain and access their bicycles. For car owners, the building's secure, deeded parking is a significant advantage in an area where street parking can be challenging. Major thoroughfares are easily accessible, connecting residents to other parts of Portland and beyond. Interstate 405 is nearby, providing quick routes to other areas of the city and connections to I-5 for longer journeys. When air travel is necessary, Portland International Airport is about a 25-minute drive from Marshall Wells Loft, making it convenient for both business and leisure travelers. The combination of walkability, public transit options, bike-friendly infrastructure, and convenient car access makes Marshall Wells Loft an ideal location for those who value flexibility in their transportation choices. Whether commuting to work, exploring the city, or running errands, residents have multiple efficient options at their disposal.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • City
  • Woods
  • Mountain
  • Seasonal
  • Territorial

Recreation

  • Fitness Center

Outdoor Features

  • Courtyard
  • Community Deck or Porch
  • Common Area

Amenities

  • Community Storage Space
  • Resident Manager or Management On Site
  • Gated Community

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 2 Car Garage
  • Common or Shared Parking
  • Tandem Parking
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Condo Association

  • $540 Monthly HOA Fees
  • Monthly HOA Fees Range from $508 - $1,729
  • Marshall Wells Lofts Condo HOA, Phone Number (971) 255-1332
  • Marshall Wells Subdivision
  • On-Site Maintenance

Building Design

  • Elevator
  • Fire Sprinkler System

Unit Features

  • Laundry Room

Activity

Views

122

Shares

2

Unit Information

Beds
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
2 Beds
1 Bed
1 Bed
2 Beds
Baths
1 Bath
2 Baths
1 Bath
1 Bath
1 Bath
1 Bath
2 Baths
1.5 Baths
1 Bath
2.5 Baths
Sq Ft
714
1,092
749
637
722
736
1,756
1,156
637
2,999
Price
$265,000
$399,900
$375,000
$290,000
$290,000
$277,000
$595,000
$399,000
$274,900
$1,299,000
Price / Sq Ft
$371 / Sq Ft
$366 / Sq Ft
$501 / Sq Ft
$455 / Sq Ft
$402 / Sq Ft
$376 / Sq Ft
$339 / Sq Ft
$345 / Sq Ft
$432 / Sq Ft
$433 / Sq Ft
List Date
03/06/2025
10/03/2024
06/19/2025
06/27/2025
06/04/2025
01/31/2025
04/24/2025
02/06/2024
02/18/2025
07/01/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
725 - 768
Est. Values
$291,899
1 Bedroom Units
Sq Ft Range
624 - 1,896
Est. Values
$266,138 - $588,760
2 Bedroom Units
Sq Ft Range
713 - 2,999
Est. Values
$345,118 - $1,999,804
3 Bedroom Units
Sq Ft Range
2,823 - 2,867
Est. Values
$1,250,659 - $1,348,208
All Units
Sq Ft Range
624 - 2,999
Est. Values
$266,138 - $1,999,804

Map

Area Factors

High Crime

Crime Score®

8 / 10

Biker's Paradise

Bike Score®

98 / 100

Walker's Paradise

Walk Score®

98 / 100

Excellent Transit

Transit Score®

84 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

63 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$169K - $1.0M
Range of Taxes in Building
$4,461 - $26,033
Range of Taxes per Sq Ft
$4.82 - $9.22

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
CMI Property Management
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.