$210,000
$10K PRICE DROP

The Lexis on the Park 1125 NW 9th Ave Unit 427 Portland, OR 97209

Pearl District Neighborhood

Estimated payment $1,902/month

Total Views 15,774
-- Bed
1 Bath
533 Sq Ft
$394 Price per Sq Ft

Highlights

  • Fitness Center
  • 1-minute walk to Nw 10Th & Marshall
  • Property is near Portland Streetcar
  • West Sylvan Middle School Rated A-
  • City View
  • 1-minute walk to Tanner Springs Park

About This Home

Gorgeous Sunlit Studio in the Heart of the Pearl District!This light-filled studio offers the perfect blend of comfort and city living in one of Portland’s most sought-after neighborhoods. Floor-to-ceiling windows frame stunning views of the Fremont Bridge and urban skyline, while updated flooring, walk-in closet, in-unit laundry, and a smart, open layout make the space feel warm and conveniently modern. Lovingly maintained in spotless condition, it's the definition of move-in ready! Ideal as a full-time home or a cozy home base for city adventures. Building amenities include a well-equipped gym, community room, bike storage, and courtyard, Plus the rare bonus of a deeded parking and storage. The city is right outside your door! Many of Portland’s best restaurants, parks, shops, and entertainment options are all just moments from home, and with the streetcar, AMTRAK, riverfront trail, MAX, and easy highway access nearby the entire city is your oyster! Check out the virtual tour, or better yet, come see it for yourself. Once you see it in person you won't want to leave!

Listing Agent

Tyler Reese

Works Real Estate License #201234624 Listed on: 06/26/2025

Works Real Estate

Co-Listing Agent

Andrew Ramey

Works Real Estate License #201228242

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 2004 | Remodeled

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking
  • Controlled Entrance

Property Views

  • Park or Greenbelt

Home Design

  • Studio
  • Built-Up Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 533 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Laundry

  • Laundry in unit
  • Washer and Dryer

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Level Entry For Accessibility

Location

  • Upper Level
  • Property is near Portland Streetcar

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R570542

Community Details

Overview

  • 139 Units
  • Lexis Condominiums Association, Phone Number (503) 224-1460
  • On-Site Maintenance

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,346

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$422 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2004
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 4
  • CondominiumUnitsInComplex: 139
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • CondominiumTotalLevels: 5
  • Unit Floor Number: 4
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleHallway, MainFloorBedroomBath, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring, Quartz, WasherDryer
  • Appliances: Dishwasher, FreeStandingRange, Microwave, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Stories: 5
  • 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
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, StreetCar
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: City,ParkGreenbelt

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 314.94

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: ExteriorMaintenance, Gym, Insurance, MaintenanceGrounds, Management, PartyRoom, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 422.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Kin Living
  • CondominiumAssociationEmail: marissa.cade@kinliving.com
  • CondominiumAssociationName: Lexis Condominiums
  • CondominiumAssociationPhone: 503-224-1460
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Zoning: EX
  • Land Lease: No
  • Parcel #: R570542

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4346.35

Map

About The Lexis on the Park

Range of Values:

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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
2024 $4,346 $176,440 -- $176,440
2023 $4,346 $171,310 $0 $171,310
2022 $4,142 $166,330 $0 $0
2021 $4,211 $161,490 $0 $0
2020 $4,002 $156,790 $0 $0
2019 $3,855 $152,230 $0 $0
2018 $3,741 $147,800 $0 $0
2017 $3,586 $143,500 $0 $0
2016 $3,282 $139,330 $0 $0
2015 $3,196 $135,280 $0 $0
2014 $3,095 $131,340 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2025 07/29/25 Price Changed $210,000 -4.5% $394 / Sq Ft
06/26/2025 06/26/25 For Sale $220,000 0.0% $413 / Sq Ft
02/07/2020 02/07/20 Sold $220,000 -8.3% $413 / Sq Ft View Prior Sale
01/26/2020 01/26/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $240,000 -- $450 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,900 Ticor Title Insurance Compan
Warranty Deed $167,890 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,605 Purchase Money Mortgage
Previous Owner $134,300 Fannie Mae Freddie Mac
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 152617321

Regional Multiple Listing Service (RMLS)

APN: R570542

Oregon Multnomah County Portland 97209 Pearl District

1125 NW 9th Ave Unit 427, Portland, OR

This home is located at 1125 NW 9th Ave Unit 427, Portland, OR 97209 and is currently priced at $210,000, approximately $393 per square foot. This property was built in 2004. 1125 NW 9th Ave Unit 427 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Listing Agent
Tyler Reese
Section Image
Works Real Estate
(503) 344-1712