Welcome to stylish urban living in the heart of Portland’s Eliot neighborhood! This beautifully appointed townhouse blends modern design, thoughtful functionality, & abundant natural light w/an unbeatable location. Relax & unwind on the inviting front porch before stepping inside to an open concept main level, designed for easy everyday living & entertaining. The living room features a cozy gas fireplace & high ceilings, while the sleek, modern kitchen offers quartz countertops/backsplash, SS appliances, a range, built-in dishwasher & microwave, and plenty of workspace. The adjacent dining area features slider access to the backyard, creating an effortless connection between indoor & outdoor living. A convenient half bath on the main level also houses the laundry, complete w/a full-size washer and dryer and storage above. Upstairs, you'll find two generously sized ensuite bedrooms, offering privacy and comfort for residents or guests. One bedroom features a vaulted ceiling, & both suites include plush carpeting, walk-in closets, quartz vanities, ceiling fans, & built-in features for added functionality & style. The fully fenced backyard provides an outdoor retreat w/a slab patio & garden areas that are perfect for morning coffee, summer evenings, or entertaining. An attached garage adds valuable convenience & storage. And the location is hard to beat! Enjoy easy access to the best of Portland w/cafés, coffee shops, restaurants, neighborhood shops, & mass transportation all within walking distance. NEW interior paint, carpet, kitchen & bath counters, backsplash. The community has recently completed a special assessment which the seller is paying. Improvements included new siding, windows, a sliding glass door, a new roof, and exterior painting were recently completed on top of the interior improvements. Modern comfort, low-maintenance living, outdoor space, and a vibrant central Portland location, this Eliot townhouse checks all the boxes! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250928]
Eliot, located between the Willamette River and NE 33rd Avenue, is a historic and industrial Portland neighborhood with riverfront edges and a warehouse-to-workshop streetscape. The neighborhood’s character concentrates around N Mississippi Avenue near Skidmore Street, where sidewalk patios, indie boutiques, and small galleries cluster in a steady hum. Community pillars include Mississippi Studios for live music, Prost! for beer-hall energy, and the historic Wonder Ballroom for concerts and events. Early-20th-century houses line leafy blocks, while brick commercial buildings and light-industrial lots shape the main corridors. Dawson Park and the nearby riverbank paths add open-air breathing room. I-5 and the Broadway Bridge frame the geography with a distinctly urban feel.
Provided by Walk Score and Local Logic
Market insights
550 NE Knott St · $424,900
DAYS ON MARKET
46 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$424,900
Median sale price in this area is $543,875. (28% higher than this home)
PRICE DROP
1 price drop
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Garage door opener
High ceilings
Vaulted ceiling
Washer and dryer included
Laundry area (main level)
Double-pane windows with vinyl frames
Gas fireplace (1) with fireplace in living room
Crawl space basement
Bedrooms
Primary bedroom (upper) with vaulted ceiling, walk-in closet, ensuite and built-ins
Second bedroom (upper) with built-ins and ceiling fan
Bathrooms
Two full bathrooms
One half bathroom (main level)
Kitchen
Quartz counters
Dishwasher
Disposal
Free‑standing range
Free‑standing refrigerator
Microwave
Range hood
Plumbed for ice maker
Stainless steel appliances
Laundry & utility
Main-level laundry
Washer and dryer included
Gas hot water
Flooring
Laminate flooring in main living areas
Wall-to-wall carpet in some bedrooms
Tile in kitchen/appliance areas
Heating & cooling
Wall heater
No central cooling
Exterior features
Fenced yard with garden
Patio and porch
Public road access
Yard
Commons area
Home design
Attached residential property (townhome style)
Updated/remodeled condition
Built in 1999
Parking
Attached 1-car garage
Driveway and on-street parking
Association-owned parking space
Security
Garage door opener
Construction
Wood siding exterior
Composition roof
Crawl space foundation
Building area approximately 1,302 sq ft
Utilities
Public water
Public sewer
Electricity and gas service
Green certified
HOA & community
HOA (Shamrock) with exterior maintenance and commons
Monthly HOA fee of $260
Other
Zoned RM2
Not a senior community
Land lease not applicable
Electricity and solar
View estimated energy costs and solar savings for this home
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.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Dec 10, 2025 • Active
Residential bldg/trade
Remodel
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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, 14 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 • 97212
Average low and high temperatures (°F)
47
36
50
38
57
44
65
46
70
51
76
55
82
59
82
63
76
58
63
49
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 550 NE Knott St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $387,500 and $559,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $388K to $559K.