$199,500

Old Town Lofts 411 NW Flanders St Unit 312 Portland, OR 97209

Old Town Chinatown Neighborhood

Estimated payment $1,837/month

Total Views 17,137
1 Bed
1 Bath
588 Sq Ft
$339 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • 2-minute walk to Union Station/Nw 5Th & Glisan
  • Private Lot
  • West Sylvan Middle School Rated A-
  • Property is near Portland Streetcar
  • High Ceiling

About This Home

Welcome to this sophisticated studio in the Old Town Lofts! Offering modern comfort and vibrant city living. The urban studio is conveniently located steps from the elevator. This thoughtfully designed studio features an open floor plan to simplify your life, laminate flooring, soaring industrial ceilings, and an abundance of customized built-ins that maximize space and function. Plus, the convenience of in-unit laundry. Boasting the best parking spot in the building, as you step off the garage elevator in a secure garage. Enjoy the seamless indoor-outdoor flow with oversized dual glass doors opening to a peaceful patio and courtyard with a deciduous tree for year-round privacy, perfect for relaxing or entertaining. Located in the heart of Portland’s Old Town/Chinatown district, you’ll be steps from grocery stores, trendy restaurants, nightlife, coffee shops, train station, and transit with a walking score of 98! Whether you're looking for a low-maintenance urban retreat or an investment opportunity, this property offers both, with this building having NO rental cap. All furniture included in the sale if desired. This studio delivers the best of Portland living!

Listing Agent

Michele Montoya

MORE Realty License #200501263 Listed on: 11/03/2025

MORE Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 2001

HOA Fees

  • $453 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Studio
  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Views of Woods

Kitchen

  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Accessible Home Design

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

Outdoor Features

  • Patio

Location

  • Upper Level
  • Property is near Portland Streetcar

Schools

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

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Hot Water Heating System
  • Gas Available
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R517709

Community Details

Overview

  • 60 Units
  • Otl Condominiums Association, Phone Number (503) 445-1130
  • Historic Old Town/Pearl Dist. Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Storage Space

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,004

Year Built

Built in 2001

Lot Details

0

HOA Fees

$453 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2001
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 3
  • CondominiumUnitsInComplex: 60
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: Dishwasher,Island,Microwave
  • Room 12 Features: Patio,SlidingDoors
  • Room 13 Features: BuiltinFeatures
  • Room 9 Features: CeilingFan,Patio,SlidingDoors
  • CondominiumTotalLevels: 8
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp, AccessibleElevatorInstalled, OneLevel, Parking
  • Total Bathrooms: 1.0
  • Interior Amenities: CeilingFan, GarageDoorOpener, HighCeilings, HighSpeedInternet, LaminateFlooring, Laundry, TileFloor, WasherDryer
  • Room 4 Description: Storage
  • Room 4 Level: Lower
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Island, Microwave, PlumbedForIceMaker
  • 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
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Commons, LightRail, Private, StreetCar
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 50
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 299.63

Utilities

  • Energy Efficiency Features: HeatPump
  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: FiberOptics
  • Security: FireSprinklerSystem
  • Cooling: EvaporativeCooling, HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: CentralAir, Commons, ExteriorMaintenance, Gas, Heat, HotWater, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 453.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Sydney Castilla
  • CondominiumAssociationEmail: CMI@communitymgt.com
  • CondominiumAssociationName: OTL Condominiums
  • CondominiumAssociationPhone: 503-445-1130
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: R517709

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4004.1

Map

About Old Town Lofts

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
2025 $3,665 $191,720 -- $191,720
2024 $4,004 $188,000 -- $188,000
2023 $4,004 $182,530 $0 $182,530
2022 $4,035 $177,220 $0 $0
2021 $4,055 $172,060 $0 $0
2020 $3,426 $167,050 $0 $0
2019 $4,087 $162,190 $0 $0
2018 $3,986 $157,470 $0 $0
2017 $3,820 $152,890 $0 $0
2016 $3,477 $148,440 $0 $0
2015 $3,237 $144,120 $0 $0
2014 $2,964 $139,930 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 For Sale $199,500 -3.6% $339 / Sq Ft
07/15/2021 07/15/21 Sold $207,000 -2.6% $352 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $212,500 0.0% $361 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $212,500 -3.4% $361 / Sq Ft
04/22/2021 04/22/21 For Sale $219,900 -- $374 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $207,000 Old Republic Title
Deed $194,500 Wfg Title
Interfamily Deed Transfer -- None Available
Warranty Deed $180,000 Lawyers Title
Warranty Deed $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,050 New Conventional
Previous Owner $85,000 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 282059919

Regional Multiple Listing Service (RMLS)

APN: R517709

Oregon Multnomah County Portland 97209 Old Town Chinatown

411 NW Flanders St Unit 312, Portland, OR

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Michele Montoya
Listing Agent
Michele Montoya
Section Image
MORE Realty
(503) 487-5989