Prepare to fall in love with this truly rare, fully remodeled three bedroom residence perched high above the city in Portland’s iconic 1970s retro modern high rise, Portland Plaza.Unobstructed 270-degree panoramic mountain and river views create a dramatic backdrop from nearly every room, sunrise to sunset, the scenery is nothing short of breathtaking.This turn key home pairs timeless design with modern comfort, featuring tandem two-car parking, abundant storage, and an effortless lock-and-leave lifestyle. Surrounded by Portland’s most beloved parks and lush landscaping, you’ll enjoy a tranquil setting while remaining perfectly positioned in the heart of the city.Portland Plaza occupies an entire city block and offers one of the most comprehensive full service living experiences in the region. Amenities include 24-hour concierge service, pool, fire pits, BBQ areas, herb gardens, fitness center, library, and a newly reimagined lobby and common spaces designed by renowned Portland architect Fritz Junker.The professionally managed association is exceptionally strong, with ample reserves and over $10M in recent modernization, offering long-term confidence and peace of mind. With low taxes, an unbeatable location, and world-class views, this residence delivers the very best of elevated urban living.Rare. Refined. Ready to enjoy.
Michele DesCombes • Keller Williams Realty Professionals
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Provided by Redfin
Sale history for 1500 SW 5th Ave #1602
Date
Event
Price
RMLS #724421390
Mar 4, 2026
Sold
$550,000
$340/sq ft
Feb 4, 2026
Delisted
—
Feb 2, 2026
Listed
$600,000
$370/sq ft
Public Records
Sep 11, 1997
Sold
$225,000
$139/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$9,471 (+14.7%)
$420,350
2023
$8,254 (−1.1%)
2022
$8,350 (−13.1%)
2021
$9,608 (+4.0%)
2020
$9,237 (+1.5%)
2019
$9,103 (+4.5%)
2018
$8,713 (+2.9%)
2017
$8,468 (+27.0%)
2016
$6,667 (+8.6%)
2015
$6,138 (+10.4%)
2014
$5,559 (+13.4%)
2013
$4,904 (+21.9%)
2012
$4,024 (−1.4%)
2011
$4,083 (−12.4%)
2010
$4,659 (−7.9%)
2009
$5,059
Tax history for 1500 SW 5th Ave #1602
Year
Property tax
Land + Additions
Assessment*
2024
$9,471 (+14.7%)
$420,350
2023
$8,254 (−1.1%)
2022
$8,350 (−13.1%)
2021
$9,608 (+4.0%)
2020
$9,237 (+1.5%)
2019
$9,103 (+4.5%)
2018
$8,713 (+2.9%)
2017
$8,468 (+27.0%)
2016
$6,667 (+8.6%)
2015
$6,138 (+10.4%)
2014
$5,559 (+13.4%)
2013
$4,904 (+21.9%)
2012
$4,024 (−1.4%)
2011
$4,083 (−12.4%)
2010
$4,659 (−7.9%)
2009
$5,059
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1973
Sq. Ft.
1,619
Year built
1973
Style
Condo/Co-op
County
Multnomah County
APN
R286379
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
CX
D
Central Commercial Zone
The Central Commercial (CX) zone is intended to provide for commercial and mixed use development within Portlands most urban and intense areas, specifically the Central City and the Gateway Regional Center. A broad range of uses are allowed to reflect Portlands role as a commercial, cultural, residential, and governmental center. Development is intended to be very intense with high building coverage, large buildings, and buildings placed close together. Development is intended to be pedestrianoriented with a strong emphasis on a safe and attractive streetscape. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
General retail
Hospital / medical center
Housing
Housing-Group
Office
Educational / school
Recreation-Other
Park & open space
Property details
Parking
Parking Information
Parking Features: Deeded, Secured
Parking Total: 2
Garage Information
Garage Type: Extra Deep, Shared, Tandem
Garage Spaces: 2
Interior
Virtual Tour Information
Virtual Tour Type: Other
Has Virtual Tour Unbranded: Yes
Virtual Tour Type 2: Virtual
Has Virtual Tour Unbranded 2: Yes
Appliances
Appliances: Built-in Range, Dishwasher, Disposal, Down Draft, Granite, Pantry, Quartz, Range Hood
Hot Water Description: Electricity
Interior Features
Interior Features: Elevator, Garage Door Opener, Quartz, Wall to Wall Carpet, Washer/Dryer
Basement: Storage Space
Bathroom Information
Bathrooms Full: 2
Bathrooms Full Main Level: 2
Bathrooms Total Integer: 2
Bathrooms Total Main Level: 2
Baths Total: 2
Room 7 Information
Description: 2nd Bedroom
Level: Main
Room 8 Information
Description: 3rd Bedroom
Level: Main
Room 9 Information
Description: Dining Room
Room 10 Information
Description: Family Room
Room 11 Information
Description: Kitchen
Room 12 Information
Description: Living Room
Room 13 Information
Description: Primary Bedroom
Level: Main
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Roof: Metal
Exterior Description: Metal Siding
Unreinforced Masonry Bldg: No
Lot Information
Lot Features: Level
Parcel Number: R286379
Road Surface Type: Concrete
Property Information
Property Type: Residential
Property Sub Type: Condominium
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 1,620
Stories Total: 25
View YN: Yes
View Description: City, Mountain(s), River
Building Information
Year Built: 1973
Building Area Total: 1,620
Building Area Description: Tax
Building Area Calculated: 1,620
Foundation Details: Slab
Condominium Information
Condominium Yard YN: Yes
Condominium Washer Dryer: Included In Unit
Condominium Units In Complex: 144
Condominium Unit Level: 25
Condominium Total Levels: 25
Condominium Total Elevators Private: 0
Condominium Total Elevators Common: 3
Condominium Storage Unit No: floor
Condominium Storage Deeded Tax YN: No
Condominium Storage Avail YN: Yes
Condominium Storage Assigned YN: Yes
Condominium Storage Assigned Amount: 0
Condominium Smoking Policy YNUR: Unknown
Condominium Rent Policy: 30 Day Min
Condominium Rent Cap YNUR: No
Condominium Pet Policies YNUR: Unknown
Condominium Parking Tax: 1.00
Condominium Parking Tandem YN: Yes
Condominium Parking Deeded YN 1: Yes
Condominium Parking Assigned YN 1: No
Condominium One Time Capital Improvement Contribution YNUR: No
Condominium Move In Out Fee YNUR: Yes
Condominium Move In Out Fee Amount: $500
Condominium Garage Type: Deeded
Condominium Floor Plan: Other
Condominium Elevator YN: Yes
Condominium Deck Avail YN: No
Condominium Conversion YN: No
Condominium Concierge YN: Yes
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: THE PORTLAND PLAZA CONDOMINIUM, LOT 1602
Tax Annual Amount: $8,036.12
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard, Forced Air
Cooling YN: Yes
Cooling: Central Air
Location
Unit Information
Unit Location: Upper Floor
HOA Information
Has HOA: Yes
Association Amenities: Commons, Concierge, Exterior Maintenance, Front Yard Landscaping, Gated, Gym, Insurance, Internet, Maintenance Grounds, Management, Party Room, Pool, Sewer, Trash, Water, Weight Room
Association Fee: $1,489
Association Fee Frequency: Monthly
School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln
Location Information
Directions: The full block between SW 4th and 5th Ave, Market and Clay Streets
Unparsed Address: 1500 SW 5TH AVE 1602, Portland, OR 97201
Community Information
Senior Community YN: No
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,619
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1973
Year Renovated: 1973
County: Multnomah County
APN: R286379
Home facts updated by county records on Oct 5, 2026