Terrific value for a two bedroom/two bathroom condominium in a secure, well-kept building with a sweeping view of Portland Heights and the city. Freshly painted kitchen and bathroom cabinets - nice, sleek white cabinets with striking black counters and floor. Open floor plan, carpeted living areas and bedrooms. (Unit is empty but some photos show staging) A fireplace in this unit has been covered with paneling. In-unit washer and dryer, shelving/storage, plus storage unit near parking space. Multiple elevators for quick access. Recreational facilities include indoor and outdoor pools, saunas, community rooms, library, lots of community opportunities with art exhibits, book clubs, exercise, things to do to make life fun! Convenient location in the cultural district, close to waterfront, public transportation, shopping, coffee and restaurants. 24/7 concierge, lots of guest parking. Best priced unit in the complex!
Est. $2,851 per month, based on comparable rentals
Sale and tax history for 2309 SW 1st Ave #741
Sale History
Tax History
Date
Event
Price
RMLS #407635162
Jun 5, 2026
Sold
$265,000
$211/sq ft
May 10, 2026
Pending
—
Apr 28, 2026
Price Changed
$269,000
$215/sq ft
Mar 11, 2026
Listed
$299,000
$238/sq ft
RMLS #13685071
May 8, 2013
Sold
$297,000
$237/sq ft
Apr 15, 2013
Pending
—
Feb 11, 2013
Listed
$299,000
$238/sq ft
+11
Urban Chic updated 2 - bedroom, 2 bath condo in desirable Madison Tower. 7th floor City/Hills view, newer A/C, granite, Gaggenau oven/dishwasher. SS fridge & microwave. Fireplace behind entertainment center. 1 - deeded parking space included.
Public Records
Aug 12, 2004
Sold
$165,000
$132/sq ft
Public Records
Nov 29, 1995
Sold
$157,465
$126/sq ft
Public Records
Nov 25, 1992
Sold
$137,000
$109/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,612 (−10.5%)
2024
$6,274 (+9.7%)
2023
$5,720 (+3.5%)
2022
$5,528 (−0.5%)
2021
$5,556 (−0.9%)
2020
$5,604 (+1.3%)
2019
$5,533 (+3.0%)
2018
$5,370 (+4.3%)
2017
$5,147 (+9.3%)
2016
$4,710 (+2.7%)
2015
$4,586 (+3.2%)
2014
$4,444 (+24.8%)
2013
$3,562 (+21.0%)
2012
$2,945 (−1.3%)
2011
$2,982 (−10.1%)
2010
$3,318 (+2.2%)
2009
$3,247
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1980
Sq. Ft.
1,254
Year built
1980
Style
Condo/Co-op
County
Multnomah County
APN
R105571
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RX
D
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.
Accessibility Features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Main Floor Bedroom w/Bath, One Level, Utility Room On Main
Interior Features: Ceiling Fan(s), Garage Door Opener, High Speed Internet, Intercom, Laundry, Wall to Wall Carpet, Washer/Dryer
Fireplace YN: Yes
Fireplaces Total: 1
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 5 Information
Description: Storage
Level: Lower
Room 7 Information
Area: 143
Description: 2nd Bedroom
Features Cont: Closet, Wall to Wall Carpet
Length: 13
Width: 11
Level: Main
Room 9 Information
Area: 176
Description: Dining Room
Features: Ceiling Fan(s), Living Room/Dining Room Combo
Length: 16
Width: 11
Level: Main
Room 10 Information
Description: Family Room
Room 11 Information
Area: 126
Description: Kitchen
Features: Built-in Refrigerator, Dishwasher, Eat Bar
Features Cont: Built-in Oven, Granite, Tile Floor
Length: 14
Width: 9
Level: Main
Room 12 Information
Area: 176
Description: Living Room
Features: Balcony, Living Room/Dining Room Combo
Features Cont: Wall to Wall Carpet
Length: 16
Width: 11
Level: Main
Room 13 Information
Area: 187
Description: Primary Bedroom
Features: Bathroom
Features Cont: Walk in Closet, Wall to Wall Carpet
Length: 17
Width: 11
Level: Main
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Roof: Flat
Exterior Features: Covered Deck, In Ground Pool
Exterior Description: Block, Other
Lot Information
Lot Features: Commons, Light Rail, Street Car
Parcel Number: R105571
Road Surface Type: Paved
Property Information
Property Type: Residential
Property Sub Type: Condominium
Property Attached YN: No
Property Condition: Updated/Remodeled
Main Level Area Total: 1,254
Stories Total: 22
Security Features: Entry, Intercom Entry
View YN: Yes
View Description: City, Territorial
Building Information
Year Built: 1980
Building Area Total: 1,254
Building Area Description: rmls
Building Area Calculated: 1,254
Condominium Information
Condominium Yard YN: No
Condominium Units In Complex: 337
Condominium Unit Level: 7
Condominium Total Levels: 22
Condominium Total Elevators Private: 0
Condominium Total Elevators Common: 3
Condominium Storage Unit No: 741
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: No short term rental
Condominium Rent Cap YNUR: No
Condominium Pet Policies YNUR: Yes
Condominium Parking Tax: 636.00
Condominium Parking Tandem YN: No
Condominium Parking Space No: gu406
Condominium Parking Deeded YN 1: Yes
Condominium Parking Assigned YN 1: Yes
Condominium Parking Assigned Amount Frequency 1: Annually
Condominium Parking Assigned Amount 1: 636.0
Condominium One Time Capital Improvement Contribution YNUR: Unknown
Condominium Move In Out Fee YNUR: Yes
Condominium Move In Out Fee Amount: $950
Condominium Garage Type: Deeded
Condominium Floor Plan: One Level
Condominium Elevator YN: Yes
Condominium Deck Dimensions: 15x5
Condominium Deck Avail YN: Yes
Condominium Deck Area: 75
Condominium Conversion YN: No
Condominium Concierge YN: Yes
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: AMERICAN PLAZA TOWERS CONDOMINIUM, FAMILY UNIT LOT 741
Tax Annual Amount: $5,612.29
Lease / Rent Information
Land Lease YN: No
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: Mini Split, Wall Heater
Cooling YN: Yes
Cooling: Mini Split
Location
Unit Information
Unit Location: Upper Floor
HOA Information
Has HOA: Yes
Association Amenities: Commons, Concierge, Exterior Maintenance, Maintenance Grounds, Management, Meeting Room, Party Room, Pool, Recreation Facilities, Sewer, Trash, Water, Weight Room
Association Fee: $933
Association Fee Frequency: Monthly
School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln
Location Information
Directions: x SW Lincoln
Unparsed Address: 2309 SW 1ST AVE 741, 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: R105571
Home facts updated by county records on Oct 5, 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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97201
Average low and high temperatures (°F)
46
37
49
39
56
44
64
46
70
51
75
55
81
59
83
62
76
58
62
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.1 hrs
3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$288,000 – $348,000
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