OFF MARKET

Off market oct 2023 for $325K

$288,283

Est. refi paymentEst. refi $2,518/mo

•

1,254

sq ft

2309 SW 1st Ave #541, Portland, OR 97201

About this home

Outstanding Downtown Value! Excellent Rental Investment Opportunity w/high rental demand and no Cap! 2 BD/2 BA w/Kitchen that opens to a light filled Dining/Living Room area & Large Balcony w/Downtown & lush tree views! Engineered Wood Flooring throughout. Quality Wood Doors, Closets, Base Moldings and Door Frames provide appealing accents. Contemporary hallway lighting. Ductless heat/AC Unit, Gas Fireplace & Washer/Dryer. Expansive Breakfast Bar that can seat 4. Great location in South Downtown w/tree-lined SW 1st Ave. Near the Cultural District, OHSU, PSU & the Waterfront. MAX/Bus Lines border the complex and the Street Car is 2 blocks away! Outstanding Property Amenities include 24/7 Concierge, Indoor and Outdoor Pools, 2 Exercise Rooms, 2 Meeting/Party Rooms, 2 Locker Rooms, 3 Saunas & 53 Guest Parking Spaces! Beautifully Updated & Maintained Plaza Level. Pet Friendly Complex. HOA Fee includes: Xfinity Cable Package, Internet Sewer,Water,Garbage and access to the many property amenities! Huge Bang for the Buck!

CondoProperty Type

1980Year Built

$230Est. Price/Sq.Ft.

1 car garageParking

Listed by Jan Huffstutter • Plaza Realty

Bought with Drew Coleman • Opt

Redfin checked: 3 minutes ago

•Source:RMLS #23667499

Redfin Estimate

$288,283

$37K since sold in October 2023$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.6% lower than the average sale price ($309K) of 6 comparable homes.

SOLD SEP 11, 2026
$314,900
A
2 beds2 baths1,267 sq ft
2221 SW 1st Ave #2421, Portland, OR 97201
SOLD AUG 21, 2026
$288,000
B
2 beds2 baths1,268 sq ft
2211 SW 1st Ave #303, Portland, OR 97201
BOUGHT WITH REDFIN JUN 5, 2026
$265,000
C
2 beds2 baths1,254 sq ft
2309 SW 1st Ave #741, Portland, OR 97201
SOLD AUG 17, 2026
$390,000
D
2 beds2 baths1,473 sq ft
2221 SW 1st Ave #1124, Portland, OR 97201
SOLD JUL 8, 2026
$295,000
E
2 beds2 baths1,332 sq ft
2221 SW 1st Ave #623, Portland, OR 97201
SOLD JUL 8, 2026
$300,000
F
2 beds2 baths1,593 sq ft
2309 SW 1st Ave #342, Portland, OR 97201

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$24,651

Est. take-home

List your home with Redfin and save $2,883

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,844/mo

Redfin rental estimate

List your home for rent

Market trends in American Plaza Towers, OR

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

New listings for sale

3D WALKTHROUGH
$1,750,000
6 beds5 baths5,637 sq ft
2233 SW 18th Ave, Portland, OR 97201
Steve Nassar • Premiere Property Group, LLC
VIDEO TOUR
$515,000
3 beds3 baths1,493 sq ft
245 SW Meade St Unit M2, Portland, OR 97201
Marisa Swenson • Modern Homes Collective
$825,000
2 beds3 baths1,913 sq ft
1920 S River Dr Unit E1204, Portland, OR 97201
Emily Franc • Cascade Hasson Sotheby's International Realty
See all

Provided by Redfin

Sale history for 2309 SW 1st Ave #541

Tax history for 2309 SW 1st Ave #541

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1980

Sq. Ft.

1,254

Year built

1980

Style

Condo/Co-op

County

Multnomah County

APN

R105561

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

Central Residential zone

The RX zone is a high density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service oriented uses. Development is intended to be pedestrianoriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

Day care facility
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space

Property details

Parking

Parking Information
Parking Features: Deeded, Off Street
Parking Total: 1

Garage Information
Garage Type: Attached
Garage Spaces: 1
Has Attached Garage: Yes

Interior

Appliances
Appliances: Built-in Oven, Built-in Range, Dishwasher, Disposal, Free-Standing Refrigerator, Range Hood
Hot Water Description: Electricity

Interior Features
Has Accessibility: Yes
Accessibility Features: One Level
Interior Features: Garage Door Opener, High Speed Internet, Washer/Dryer, Wood Floors
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Gas
Window Features: Aluminum Frames

Bathroom Information
Bathrooms Full: 2
Bathrooms Full Main Level: 2
Bathrooms Total Integer: 2
Bathrooms Total Main Level: 2
Baths Total: 2

Room 4 Information
Description: Utility Room
Features: Built-in Features
Features Cont: Washer/Dryer
Level: Main

Room 7 Information
Description: 2nd Bedroom

Room 9 Information
Description: Dining Room

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen
Features: Built-in Range, Dishwasher
Features Cont: Built-in Oven, Free-Standing Refrigerator
Level: Main

Room 12 Information
Description: Living Room
Features: Balcony, Fireplace
Level: Main

Room 13 Information
Description: Primary Bedroom

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Exterior Features: Covered Patio, Pool, Sauna, Security Lights
Exterior Description: Other

Lot Information
Lot Features: Commons, Level, Light Rail, Trees
Parcel Number: R105561
Road Surface Type: Concrete

Property Information
Property Type: Residential
Property Sub Type: Condominium
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 1,254
Stories Total: 22
Security Features: Intercom Entry, Security Lights
View YN: Yes
View Description: City, Trees/Woods

Building Information
Year Built: 1980
Building Area Total: 1,254
Building Area Description: County Tax
Building Area Calculated: 1,254
Foundation Details: Concrete Perimeter

Condominium Information
Condominium Washer Dryer: Hookup Available
Condominium Units In Complex: 337
Condominium Total Levels: 22
Condominium Storage Unit No: B-2/#8
Condominium Storage Avail YN: Yes
Condominium Rent Cap YNUR: No
Condominium Public Remarks: 24/7 Concierge.On-Site Property Management.Indoor/Outdoor Pools.Jacuzzi.2 Locker Rooms,3 Saunas,2 Meeting Rooms w/Fireplaces,Kitchens & Pianos.Bike/Kayak Storage.53 Guest Parking Spaces.Pet Friendly.MAX/Bus Lines Border Property.2 Blks to Street Car.
Condominium Pet Policies YNUR: See Remarks
Condominium Parking Tax: 342.00
Condominium Parking Space No: 408
Condominium Garage Type: Deeded
Condominium Elevator YN: Yes
Condominium Deck Avail YN: Yes
Condominium Conversion YN: No
Condominium Concierge YN: Yes

Financial

Tax Information
Tax Year: 2022
Tax Legal Description: AMERICAN PLAZA TOWERS CONDOMINIUM, FAMILY UNIT LOT 541
Tax Annual Amount: $5,017.80

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard, Ductless, Heat Pump
Cooling YN: Yes
Cooling: Heat Pump

Location

Unit Information
Unit Location: Lower Floor

HOA Information
Has HOA: Yes
Association Amenities: Cable TV, Commons, Concierge, Exterior Maintenance, Internet, Maintenance Grounds, Management, Meeting Room, Party Room, Pool, Sauna, Sewer, Spa/Hot Tub, Trash, Water, Weight Room
Association Fee: $668
Association Fee Frequency: Monthly

School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln

Location Information
Directions: SW 1st & Lincoln. Go up Entrance Driveway. Madison Tower on the left. Concierge w/Lockbox in Lincoln
Unparsed Address: 2309 SW 1ST AVE 541, Portland, OR 97201

Community Information
Senior Community YN: No

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,254
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: 1980
County: Multnomah County
APN: R105561

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Ainsworth Elementary School

Public K-5 • Assigned • 1.0mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 4.0mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.1mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 hot days expected this year, 15 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

Air Factor

We're working on getting current and accurate air risk information for this home.

Provided by First Street

Historical weather

Portland, OR • 97201

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$274,000 – $332,000

Reach more buyers when you sell with Redfin. Save up to $2,883 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

3D WALKTHROUGH

$550,000

3 beds2 baths1,868 sq ft

2211 SW 1st Ave #1704, Portland, OR 97201

Bamboo flooring • 9-foot ceilings • Panoramic views

Kristin Gillis • Premiere Property Group, LLC

$599,000

2 beds2 baths1,830 sq ft

3570 S River Pkwy #401, Portland, OR 97239

Garden terrace • Outdoor space • River view

Sean Becker • Sean Z Becker Real Estate

$450,000

2 beds3 baths1,785 sq ft

2606 S Water Ave, Portland, OR 97201

Private elevator • City views • South waterfront

Terri Robertson • John L. Scott Portland Central

3D WALKTHROUGH

$329,000

2 beds2 baths1,366 sq ft

205 S Montgomery St #205, Portland, OR 97201

Open living area • Covered patios • Large rooftop deck

Stuart Stevens • Realty Portland

$335,000

1 bed1 bath820 sq ft

1930 S River Dr Unit W605, Portland, OR 97201

Glass panel balcony • Granite countertops • Bosch appliances

Joe Liu • Keller Williams PDX Central

3D & VIDEO TOUR

$149,999

1 bed1 bath415 sq ft

1005 SW Park Ave #302, Portland, OR 97205

Updated kitchen • Granite countertops • Subway tile bathroom

Lauren Rose • Ello Realty

New listings for sale in 97201

3D WALKTHROUGH

$1,750,000

6 beds5 baths5,637 sq ft

2233 SW 18th Ave, Portland, OR 97201

Butler's pantry • Sunny breakfast area • Covered porches

Steve Nassar • Premiere Property Group, LLC

VIDEO TOUR

$515,000

3 beds3 baths1,493 sq ft

245 SW Meade St Unit M2, Portland, OR 97201

$825 HOA • Garage • Built 2005

Marisa Swenson • Modern Homes Collective

$825,000

2 beds3 baths1,913 sq ft

1920 S River Dr Unit E1204, Portland, OR 97201

Panoramic views • Granite counters • Soaring ceilings

Emily Franc • Cascade Hasson Sotheby's International Realty

Home values near 2309 SW 1st Ave #541

Data from public records.

Address	Redfin Estimate
2309 Southwest 1st Ave Apartment 1643, Portland, OR 2 Beds \| 2 Baths \| 1332 Sq. Ft.	$309,072
2309 Southwest 1st Ave Apartment 1441, Portland, OR 2 Beds \| 2 Baths \| 1254 Sq. Ft.	$314,433

Address	Redfin Estimate
2309 Southwest 1st Ave Apartment 1341, Portland, OR 2 Beds \| 2 Baths \| 1254 Sq. Ft.	$239,123
2309 Southwest 1st Ave Apartment 942, Portland, OR 2 Beds \| 2 Baths \| 1593 Sq. Ft.	$393,308

Address	Redfin Estimate
2309 Southwest 1st Ave Apartment 1041, Portland, OR 2 Beds \| 2 Baths \| 1254 Sq. Ft.	$307,941
2309 Southwest 1st Ave Apartment 143, Portland, OR 1 Beds \| 2 Baths \| 1497 Sq. Ft.	$290,373

Property information provided by RMLS when last listed in 2023. This data may not match . Learn more.

More real estate resources

Cities
Zip Codes
Neighborhoods
Popular Searches

Vancouver homes for sale
Beaverton homes for sale
Lake Oswego homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

97219 homes for sale
97206 homes for sale
97225 homes for sale
97229 homes for sale
97202 homes for sale

University District homes for sale
Neighbors West-Northwest homes for sale
American Plaza Towers homes for sale
Northwest Portland homes for sale
Downtown Portland homes for sale

Houses for rent in Portland	Agents near me	Lake Oswego, OR homes for sale	Portland Housing Market
Houses for sale near me	Portland, OR homes for sale	Salem, OR homes for sale
Land for sale near me	Bend, OR homes for sale	Hillsboro, OR homes for sale
Open Houses near me	Beaverton, OR homes for sale	Portland Property Records
Condos for sale near me	Eugene, OR homes for sale	OR New Listings