Keller Williams Realty - 503-664-9825
Portland Condo ManiaMLS: 407764223 $155,000
Studio with 1 Bath20 NW 16TH AVE #405
PORTLAND OR 97209MLS: 407764223
Status: ACTIVE
List Price: $155,000
Price per SQFT: $422
Square Footage: 367Studio
1 Bath
Year Built: 1927
Zip Code: 97209
Listing Remarks
Beautiful 1920s light-filled top floor corner unit in the heart of Portland. This unique studio layout provides an entryway separate from the spacious living area. The only neighbors are below and on a small section of one wall. Exciting views and the building’s juxtaposition provide for a spectacular feeling of a home in the clouds. The condo’s South-facing direction guarantees a full-day experience of sunshine or weather watching. It features original tile and hardwood floors, and has a full laundry room in the unit. Kitchen and living room windows allow for an airy crossflow that is unmatched by other units in the Alphabet District. Building offers elevator, secure entry, bike room, and original details throughout. This historic converted hotel has renovations well underway, with plans for important updates to preserve the Empress’s structural integrity and attend to it’s cosmetic upkeep. Major projects that have been recently completed are a new roof and new plumbing. To-code electricity is nearly complete. The Owner’s Association Board has carefully assessed and articulated future agendas for maintenance timelines and expenses. Owners will not be caught off-guard by the stewardship responsibilities that come with the good fortune of living in such a time capsule. Close to I-405 but surprisingly quiet relative to bustling city sounds. This location is a commuter’s dream: public transit within blocks, PBOT parking permit is Zone K (lower than nearby Nob Hill/23rd), quick access to freeways in all directions. Steps from The Pearl, Powells, Providence park, NW 23rd, restaurants and shopping. Ten-minute walk to world-famous Forest park provides endless miles of hiking. Near Portland Japanese and Rose Gardens, Washington Park Zoo, and Waterfront Park. Basement storage unit and appliances are included. Since 2021 this home has been a mid-term rental for an average $1600/month. Purchasing furnished is an option.
Address: 20 NW 16TH AVE #405 PORTLAND OR 97209
Listing Courtesy of Works Real Estate 503-714-7053
Community: EMPRESS ... Listing 2 of 3
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Condo Mania Agent
Michele DesCombes
Keller Williams Professionals
Real Estate Agent - #201204624
Phone: 503-974-1444
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Listing Details
STATUS: Active LISTING CONTRACT DATE: 2026-05-01 BEDROOMS: 0 BATHROOMS FULL: 1 BUILDING AREA TOTAL: 367 YEAR BUILT: 1927 TAXES: $2,303 HOA FEES FREQUENCY: Monthly HOA FEES: $490 HOA AMENITIES: Commons, ExteriorMaintenance, Gas, HotWater, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water APPLIANCES INCLUDED: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Tile ARCHITECTURAL STYLE: Studio HEATING: Zoned INTERIOR FEATURES: HighCeilings, HookupAvailable, Laundry, SoakingTub, TileFloor, WasherDryer, WoodFloors LEGAL DESCRIPTION: EMPRESS CONDOMINIUMS, LOT 405 LOT FEATURES: CornerLot # GARAGE SPACES: 0 PARKING FEATURES: OnStreet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: BuiltUp STORIES TOTAL: 5 LISTING AGENT: NICHOLE SHARMAN LISTING OFFICE: WORKS REAL ESTATE LISTING CONTACT: nichole@worksrealestate.co
Estimated Monthly Payments
List Price: $155,000 20% Down Payment: $31,000 Loan Amount: $124,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $784 Estimate does not include taxes, fees, insurance.
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Property Location: 20 NW 16TH AVE #405 PORTLAND OR 97209
This Listing
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Condo Mania Agent
Angela Stevens
Keller Williams Professionals
Principal Real Estate Broker- #201003076
Phone: 503-974-1444
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Last Updated: 2026-05-01 19:40:04
