$375,000

Estimated payment $3,066/month

Total Views 928,471
1 Bed
1 Bath
749 Sq Ft
$501 Price per Sq Ft

Highlights

  • City View
  • 2-minute walk to Nw 13Th & Lovejoy
  • Marble Countertops
  • West Sylvan Middle School Rated A-
  • Property is near Portland Streetcar
  • Corner Lot

About This Home

Historic Soul Meets Modern Luxury in the Heart of the Pearl. Step into a space where Portland's industrial past and contemporary sophistication collide. Welcome to your dream loft in the iconic Marshall Wells Building. Located in the vibrant Pearl District, this one-of-a-kind, third-floor residence blends historic charm with fully reimagined luxury. Originally built in 1910 as part of the Marshall-Wells Hardware Company, this nationally recognized warehouse is now one of Portland’s most sought-after addresses. Enjoy a sun-drenched patio with a garden, tranquil water feature, wind sculpture, Dogwood + Japanese Maple trees, lush greenery, gas grill, bench seating and bistro-style dining. Inside, the expansive loft stuns with 12-foot ceilings, exposed white beams, all-new wide-plank dark LTV flooring and high-end designer lighting that adds warmth and drama. The open-concept layout is ideal for creative living and entertaining, with space that adapts to your lifestyle. A rare find in the Pearl, the private tree-framed patio is wrapped in Star Jasmine and seasonal blooms—a tranquil space for morning coffee or winding down at dusk. The kitchen is a showstopper with custom-painted cabinetry, luxurious slab marble countertops and backsplash, brushed brass fixtures and an oversized brass sink that adds elegance and edge. The spa-inspired bathroom features a herringbone-tiled tub/shower, large slab marble vanity, brushed brass finishes and bold wallpaper. The laundry area includes a stacked washer/dryer. A custom-designed walk-in closet offers exceptional storage—a rarity in loft living. The secure, elevator-served building offers a private courtyard, bike storage, package room, deeded parking with dedicated storage and EV charging. Just steps to top restaurants, boutiques, galleries, parks and the Portland Streetcar—this isn’t just a home, it’s a lifestyle. HOA dues anticipated to decrease this fall following a reduction in earthquake insurance.

Listing Agent

Michael McKillion

Keller Williams Sunset Corridor Brokerage Phone: 503-730-3388 License #940600194 Listed on: 06/19/2025

Keller Williams Sunset Corridor

Co-Listing Agent

Whitney Bishop

Keller Williams Sunset Corridor Brokerage Phone: 503-730-3388 License #201203839

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,474

Year Built

  • Built in 1910

Lot Details

  • Level Lot
  • Sprinkler System
  • Garden

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Property Views

  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 749 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security Gate
  • Intercom

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp
  • Level Entry For Accessibility
  • Accessible Parking

Outdoor Features

  • Patio
  • Outdoor Water Feature

Location

  • Upper Level
  • Property is near Portland Streetcar
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R530049

Community Details

Overview

  • 164 Units
  • Marshall Wells Lofts Association, Phone Number (503) 222-3800
  • Pearl District/Marshall Wells Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Security

  • Resident Manager or Management On Site
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,474

Year Built

Built in 1910

Lot Details

0

HOA Fees

$640 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1910
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 3
  • CondominiumUnitsInComplex: 164
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Current Price For Status: 375000.0
  • Open House: No
  • Room 11 Features: BeamedCeilings,Dishwasher,Disposal,Microwave,UpdatedRemodeled
  • Room 12 Features: BeamedCeilings,EatingArea,Patio,SlidingDoors
  • Room 13 Features: BeamedCeilings
  • CondominiumTotalLevels: 7
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp, OneLevel, Parking
  • Total Bathrooms: 1.0
  • Interior Amenities: Elevator, HighCeilings, Intercom, Laundry, LuxuryVinylPlank, Sprinkler, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, Marble, Microwave, StainlessSteelAppliance
  • 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: Other,Stucco
  • Exterior Features: Garden, Patio, WaterFeature
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline, StreetCar
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat
  • View: City,Mountain,Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: S-118
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 327.45

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Security: Entry, FireEscape, IntercomEntry, SecurityGate
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, HotWater, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Bluestone/Darcie Seal
  • CondominiumAssociationEmail: marshallwells@bluestonecam.com
  • CondominiumAssociationName: Marshall Wells Lofts
  • 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 #: R530049

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 5473.95

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
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 $5,474 $226,730 -- $226,730
2024 $5,582 $220,130 -- $220,130
2023 $5,582 $213,720 $0 $213,720
2022 $5,536 $207,500 $0 $0
2021 $5,442 $201,460 $0 $0
2020 $4,992 $195,600 $0 $0
2019 $4,809 $189,910 $0 $0
2018 $4,667 $184,380 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2025 06/19/25 For Sale $375,000 +12.8% $501 / Sq Ft
10/28/2022 10/28/22 Sold $332,500 -4.7% $444 / Sq Ft View Prior Sale
09/28/2022 09/28/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $349,000 -- $466 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $332,500 Fidelity National Title
Warranty Deed $370,000 Wfg Title
Warranty Deed $183,768 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,375 New Conventional
Previous Owner $147,014 No Value Available
Closed $18,376 No Value Available
Source: Public Records

About the Listing Agent

Michael McKillion

Keller Williams Sunset Corridor

(503) 782-9657

Section Image

A veteran of the industry, Michael has had the opportunity of conducting over 500 transactions while surpassing every standard in the business. His true love of helping people continues to guide him through each and every interaction. Michael leads this top producing team offering insight and stability to ensure every client gets total support becoming a client for life!

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 466791071

Regional Multiple Listing Service (RMLS)

APN: R530049