This home's estimate is 15% lower than the average sale price ($552K) of 6 comparable homes.
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245 SW Meade St Unit M2, Portland, OR 97201
About this home
Welcome to an impeccably designed, award-winning condominium, tailored for those who appreciate a blend of sophistication and modern living. This distinguished townhouse-style unit features high ceilings, expansive windows that flood the space with natural light, rich walnut wood floors, and sleek granite and marble countertops. Located in the sought-after Lair Hill neighborhood, this condo seamlessly merges modern architecture with contemporary details. Just moments from scenic parks, waterfront trails, top hospitals, and an array of restaurants, this residence is at the heart of everything the Pacific Northwest has to offer. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232805]

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Market trends in Lair Hill, OR
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 2 HRS AGO$465,0003 beds4 baths2,161 sq ft2730 SW 1st Ave, Portland, OR 97201Suzann Baricevic Murphy • Where, Inc.
- COMING SOON$1,495,0004 beds4 baths4,535 sq ft1784 SW Montgomery Dr, Portland, OR 97201Marcia Walsh • Where, Inc
- $285,0002 beds2 baths1,332 sq ft2221 SW 1st Ave #823, Portland, OR 97201Jennifer Winter • Realty First
- 3D WALKTHROUGH$700,0002 beds2 baths1,600 sq ft2445 SW Montgomery Dr, Portland, OR 97201Nathan Austin • Keller Williams PDX Central
- 3D WALKTHROUGH$150,0002 beds2 baths958 sq ft851 SW Broadway Dr #52, Portland, OR 97201Mathew Wray • Keller Williams Realty Portland Premiere
- 3D WALKTHROUGH$940,0002 beds2 baths1,881 sq ft1414 SW 3rd Ave #2802, Portland, OR 97201Dennis Haggar • Coldwell Banker Bain
- 3D WALKTHROUGH$825,0004 beds3 baths3,232 sq ft2352 SW Market Street Dr, Portland, OR 97201Lori Hamilton • Coldwell Banker Bain
- 3D & VIDEO TOUR$1,195,0003 beds4 baths3,469 sq ft1941 SW Montgomery Pl, Portland, OR 97201Macey Laurick • Windermere Realty Trust
- $500,0002 beds3 baths1,785 sq ft2606 S Water Ave, Portland, OR 97201Terri Robertson • John L. Scott Portland Central
See all
Provided by Redfin
Redfin agents who toured
- Bright, well-maintained condo with high ceilings and large windows. Kitchen space is somewhat limited. Features an oversized garage with ample storage.2 years ago• May not reflect the current state of the homeRedfin Principal agent
Sale history for 245 SW Meade St Unit M2
$296/sq ft
$301/sq ft
$318/sq ft
$291/sq ft
$291/sq ft
$291/sq ft

The Lair. Award winning modern design by Rick Potestio. Built by Don Tankersley. This is one of the 3 largest units in a 13 unit complex. 2 br, 2 1/2 baths plus den. Walnut floors. Skylights. Vaulted ceilings. Filled with light. High end finishes throughout. Careful of comps, the last 3 sales in this building had sq ft showing much larger than reality.
$214/sq ft
$261/sq ft
** Price available after signing in.
Tax history for 245 SW Meade St Unit M2
*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
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.Include but are not limited to:
- Housing
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
Property details
Parking
- Parking Information
- Parking Features: On Street
- Parking Total: 1
- Garage Information
- Garage Type: Attached
- Garage Spaces: 1
- Has Attached Garage: Yes
Interior
- Virtual Tour Information
- Virtual Tour Type: Virtual
- Has Virtual Tour Unbranded: Yes
- Appliances
- Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Granite, Microwave, Pantry
- Hot Water Description: Gas
- Interior Features
- Interior Features: Garage Door Opener, Granite, High Ceilings, Laundry, Marble, Skylight(s), Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors
- Fireplace YN: Yes
- Fireplaces Total: 1
- Fireplace Features: Gas
- Bathroom Information
- Bathrooms Full: 2
- Bathrooms Full Upper Level: 2
- Bathrooms Partial: 1
- Bathrooms Partial Main Level: 1
- Bathrooms Total Integer: 3
- Bathrooms Total Main Level: 0.1
- Bathrooms Total Upper Level: 2
- Baths Total: 2.1
- Room 7 Information
- Area: 143
- Description: 2nd Bedroom
- Features Cont: Double Closet, Wall to Wall Carpet
- Length: 13
- Width: 11
- Level: Upper
- Room 8 Information
- Area: 99
- Description: 3rd Bedroom
- Features: Bookcases
- Features Cont: Double Closet, Wall to Wall Carpet
- Length: 11
- Width: 9
- Level: Main
- Room 9 Information
- Area: 108
- Description: Dining Room
- Features: Built-in Features
- Features Cont: Wood Floors
- Length: 12
- Width: 9
- Level: Main
- Room 10 Information
- Description: Family Room
- Room 11 Information
- Area: 80
- Description: Kitchen
- Features: Dishwasher, Microwave, Pantry
- Features Cont: Free-Standing Range, Granite, Wood Floors
- Length: 10
- Width: 8
- Level: Main
- Room 12 Information
- Area: 156
- Description: Living Room
- Features: Fireplace
- Features Cont: Wood Floors
- Length: 13
- Width: 12
- Level: Main
- Room 13 Information
- Area: 144
- Description: Primary Bedroom
- Features: Closet Organizer
- Features Cont: Bathtub With Shower, Double Closet, Double Sinks, Ensuite, High Ceilings, Suite, Wall to Wall Carpet
- Length: 12
- Width: 12
- Level: Upper
- Room 14 Information
- Description: Great Room
Exterior
- Exterior Features
- Roof: Flat
- Exterior Description: Other, Wood Siding
- Lot Information
- Lot Features: Private
- Parcel Number: R575494
- Property Information
- Property Type: Residential
- Property Sub Type: Condominium
- Property Attached YN: No
- Property Condition: Resale
- Upper Level Area Total: 697
- Main Level Area Total: 697
- Lower Level Area Total: 99
- Stories Total: 4
- View YN: Yes
- View Description: Trees/Woods
- Building Information
- Year Built: 2005
- Building Area Total: 1,493
- Building Area Description: appraiser
- Building Area Calculated: 1,394
- Condominium Information
- Condominium Yard YN: No
- Condominium Washer Dryer: Included In Unit
- Condominium Units In Complex: 13
- Condominium Total Levels: 4
- Condominium Storage Deeded Tax YN: No
- Condominium Storage Avail YN: No
- Condominium Storage Assigned YN: No
- Condominium Smoking Policy YNUR: Unknown
- Condominium Rent Policy: 3 units at a time
- Condominium Rent Cap YNUR: Yes
- Condominium Pet Policies YNUR: No
- Condominium Parking Tandem YN: No
- Condominium Parking Deeded YN 1: No
- Condominium Parking Assigned YN 1: No
- Condominium One Time Capital Improvement Contribution YNUR: Unknown
- Condominium Move In Out Fee YNUR: Unknown
- Condominium Garage Type: Attached
- Condominium Floor Plan: Other
- Condominium Elevator YN: No
- Condominium Deck Avail YN: No
- Condominium Conversion YN: No
- Condominium Concierge YN: No
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: LAIR CONDOMINIUMS, LOT M2
- Tax Annual Amount: $8,634.78
- Lease / Rent Information
- Land Lease YN: No
Utilities
- Utility Information
- Green Certification YN: Yes
- Fuel Description: Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: Yes
- Cooling: Central Air
Location
- Unit Information
- Unit Location: Ground Floor
- HOA Information
- Has HOA: Yes
- Association Amenities: Insurance, Management, Trash, Water
- Association Fee: $820
- Association Fee Frequency: Monthly
- School Information
- Elementary School: Ainsworth
- Middle Or Junior School: West Sylvan
- High School: Lincoln
- Location Information
- Directions: SW 2nd to Meade - Unit is 2nd from end of the complex
- Unparsed Address: 245 SW MEADE ST M2, Portland, OR 97201
- Community Information
- Senior Community YN: No
Public facts
- Beds: —
- Baths: 2.5
- Sq. Ft.: 1,338
- Stories: 2.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 2005
- Year Renovated: 2005
- County: Multnomah County
- APN: R575494
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
- New Construction Information
- New Construction YN: No
About this building
| $260,000 | 1 bed | 1 bath | 609 sq ft |
Around this home
Schools
Public K-5 • Assigned • 1.0mi
Public 6-8 • Assigned • 4.0mi
Public 9-12 • Assigned • 1.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 20 days in 30 years
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.
Nearby similar homes
New listings for sale in 97201
Home values near 245 SW Meade St Unit M2
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1373 Sq. Ft. | $424,990 |
- Beds | 2 Baths | 1183 Sq. Ft. | $546,422 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 609 Sq. Ft. | $266,731 |
2 Beds | 2 Baths | 1238 Sq. Ft. | $419,084 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 3 Baths | 1332 Sq. Ft. | $419,126 |
- Beds | 2 Baths | 1228 Sq. Ft. | $443,471 |
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