$204,900
$25K PRICE INCREASE

1040 NW Naito Pkwy Unit O9 Portland, OR 97209

Old Town Chinatown Neighborhood

Estimated payment $2,053/month

Total Views 5,201
1 Bed
1 Bath
690 Sq Ft
$297 Price per Sq Ft

Highlights

  • River Front
  • Gated Community
  • Main Floor Primary Bedroom
  • Lincoln High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

Waterfront Living at McCormick Pier!Enjoy the best of Portland’s waterfront lifestyle in this charming main-floor, single-story 1-bedroom condo—just steps from the boardwalk and minutes to downtown.This interior unit features:•A private deck with views of the community•A/C for year-round comfort•Stylish wood floors•Granite counters and stainless steel appliances in the kitchen•In-unit washer & dryer•Deeded parking space (#O4)—a rare and valuable findRelax in the beautifully maintained community pool, take advantage of the common BBQ areas, and stroll through the lushly landscaped grounds. Located in a gated security complex, this home offers peace of mind and convenience.With no rental cap, this condo also makes for a smart investment opportunity

Listing Agent

Michael Bivens

Bridgetown Equity Prop LLC License #201205519 Listed on: 07/29/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1982

Lot Details

  • River Front
  • 1 Common Wall
  • Landscaped

HOA Fees

Parking

  • Deeded Parking

Home Design

  • Flat Roof Shape
  • Cement Siding

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Security Gate
  • Laundry in unit

Kitchen

  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Ground Level
  • Property is near a bus stop

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Patio

Listing and Financial Details

  • Assessor Parcel Number R538201

Community Details

Overview

  • 300 Units
  • Mccormick Pier Condominium Ass Association, Phone Number (503) 222-3800
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,196

Year Built

Built in 1982

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1982
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 300
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Current Price For Status: 204900.0
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 12 Features: SlidingDoors
  • CondominiumTotalLevels: 2
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 1.0
  • Interior Amenities: HardwoodFloors, WoodFloors
  • Appliances: Dishwasher, FreeStandingRefrigerator, Granite, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Patio
  • Waterfront: Yes
  • View: No
  • Lot Features: Commons, Level, OnBusline
  • Road Surface Type: Paved
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 93.00

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: MainLevel
  • Association Amenities: AllLandscaping, Commons, Gated, MaintenanceGrounds, Management, Pool, Sewer, SpaHotTub, Trash
  • Senior Community: No
  • Association #2 Fee: 162.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 463.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Bluestone-Hockley /Maynard Tye
  • CondominiumAssociationEmail: mtye@bluestonecam.com
  • CondominiumAssociationName: McCormick Pier Condominium Ass
  • CondominiumAssociationPhone: 503-222-3800
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R538201

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4196.22

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,977 $208,050 -- $208,050
2024 $4,196 $203,710 -- $203,710
2023 $4,196 $197,780 $0 $197,780
2022 $4,415 $192,020 $0 $0
2021 $4,267 $186,430 $0 $0
2020 $4,134 $181,000 $0 $0
2019 $4,184 $175,730 $0 $0
2018 $4,319 $170,620 $0 $0
2017 $4,140 $165,660 $0 $0
2016 $3,603 $160,840 $0 $0
2015 $3,233 $156,160 $0 $0
2014 $2,960 $151,620 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Price Changed $204,900 +13.9% $297 / Sq Ft
07/29/2025 07/29/25 For Sale $179,900 -- $261 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $264,900 Wfg Title
Warranty Deed $155,599 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,920 Adjustable Rate Mortgage/ARM
Previous Owner $154,500 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 566065194

Regional Multiple Listing Service (RMLS)

APN: R538201

Oregon Multnomah County Portland 97209 Old Town Chinatown

1040 NW Naito Pkwy Unit O9, Portland, OR

For Sale

Condos

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Michael Bivens
Listing Agent
Michael Bivens
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Bridgetown Equity Prop LLC
(971) 261-1998