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]
TownhomeProperty Type
1999Year Built
1,306 sq ftLot Size
$330Price/Sq.Ft.
$260/moHOA Dues
1 car garageParking
Listed by Jeff Capen• Windermere Realty Trust
Contact: 503-888-5191
Bought with Danny Sommers• John L. Scott Portland Central
Est. $2,087 per month, based on comparable rentals
Sale and tax history for 550 NE Knott St
Sale History
Tax History
Date
Event
Price
RMLS #171342463
Nov 10, 2026
Sold
$430,000
$330/sq ft
Oct 17, 2026
Pending
—
Oct 6, 2026
Price Changed
$424,900
$326/sq ft
Sep 21, 2026
Relisted
—
Sep 2, 2026
Pending
—
Aug 13, 2026
Listed
$449,900
$346/sq ft
Public Records
Sep 22, 1998
Sold
$138,500
$106/sq ft
Public Records
Dec 31, 1997
Sold
$300,000
$230/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,843 (+3.7%)
2024
$4,669 (+4.0%)
2023
$4,490 (+2.2%)
2022
$4,393 (+1.7%)
2021
$4,318 (+9.0%)
2020
$3,961 (+3.8%)
2019
$3,816 (+3.0%)
2018
$3,704 (+4.3%)
2017
$3,550 (+9.3%)
2016
$3,248 (+2.7%)
2015
$3,163 (+1.5%)
2014
$3,115 (+2.4%)
2013
$3,043 (+10.5%)
2012
$2,753 (+3.9%)
2011
$2,650 (+5.4%)
2010
$2,514 (+2.7%)
2009
$2,448
Public record
Public record
Zoning
Permits
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1,457 Sq. Ft.
Year renovated
1999
Sq. Ft.
1,302
Year built
1999
Style
Single Family Residential
County
Multnomah County
APN
R199648
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
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.
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.
Property details
Parking
Parking Information
Parking Features: Driveway, On Street
Parking Total: 1
Garage Information
Garage Type: Attached
Garage Spaces: 1
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes
Appliances
Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Quartz, Range Hood, Stainless Steel Appliance(s), Tile
Hot Water Description: Gas
Interior Features
Interior Features: Ceiling Fan(s), Garage Door Opener, High Ceilings, Laminate Flooring, Laundry, Quartz, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer