1500 Southwest 5th Avenue, Unit 1602

Sold 3/4/26

Sold

Last Sold Price

$550,000

3 beds2 baths1,620 sqft$340/sqft

1500 SW 5th Ave, Unit 1602, Portland, OR 97201

CondoProperty Type

1973Year Built

$340/sq ftPrice per sq ft

$1,489/moHOA Fees

2 carsParking Spaces

Description

Prepare to fall in love with this truly rare, fully remodeled three bedroom residence perched high above the city in Portland’s iconic 1970s retro modern high rise, Portland Plaza. Unobstructed 270-degree panoramic mountain and river views create a dramatic backdrop from nearly every room, sunrise to sunset, the scenery is nothing short of breathtaking. This turn key home pairs timeless design with modern comfort, featuring tandem two-car parking, abundant storage, and an effortless lock-and-leave...Prepare to fall in love with this truly rare, fully remodeled three bedroom residence perched high above the city in Portland’s iconic 1970s retro modern high rise, Portland Plaza. Unobstructed 270-degree panoramic mountain and river views create a dramatic backdrop from nearly every room, sunrise to sunset, the scenery is nothing short of breathtaking. This turn key home pairs timeless design with modern comfort, featuring tandem two-car parking, abundant storage, and an effortless lock-and-leave lifestyle. Surrounded by Portland’s most beloved parks and lush landscaping, you’ll enjoy a tranquil setting while remaining perfectly positioned in the heart of the city. Portland Plaza occupies an entire city block and offers one of the most comprehensive full service living experiences in the region. Amenities include 24-hour concierge service, pool, fire pits, BBQ areas, herb gardens, fitness center, library, and a newly reimagined lobby and common spaces designed by renowned Portland architect Fritz Junker. The professionally managed association is exceptionally strong, with ample reserves and over $10M in recent modernization, offering long-term confidence and peace of mind. With low taxes, an unbeatable location, and world-class views, this residence delivers the very best of elevated urban living. Rare. Refined. Ready to enjoy.

Listed by: Jason Mendell • eXp Realty, LLC 503-349-4711

Listing closed: 03/04/2026 12:00 AM • Source: RMLS, MLS#: 724421390

Recent comparable sales

Median sold price

$520,000

Avg days on market

139

Sale-to-list ratio

87.5%

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Bedrooms: 2
Bathrooms: 1,506
Square Feet: Unavailable
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1124 Southeast Sherman Street, Unit 1, Portland, OR 97214

a black and white photo of a living room

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Bedrooms: 2
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2221 Southwest 1st Avenue, Unit 2125, Portland, OR 97201

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Location

Listing Courtesy of eXp Realty, LLC

Sold By Living Room Realty

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$4,954 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$670

HOA Dues

$1,489

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Property Information for 1500 Southwest 5th Avenue, Unit 1602

Property Details

Taxes: $8,036 / year
MLS Type: Residential / Condominium
County: Multnomah County
Style: Contemporary, Custom Style
Parking Features: Deeded, Secured
View: City, Mountain, River
Garage Spaces: 2.00
Parking Total: 2.00

Building Information

Building/Complex: 1500 Sw 5th Ave
Stories: 1
Year Built: 1973

Summary

Location and General Information

Country: US
Directions: The full block between SW 4th and 5th Ave, Market and Clay Streets

Road Surface: Concrete
Unit Location: Upper Floor

School Information

Elementary School: Ainsworth
High School: Lincoln

Middle Or Junior School: West Sylvan

Parking

Garage Type: Extra Deep, Shared, Tandem

Taxes and HOA

Tax Year: 2025
Tax Annual Amount: $8,036.12

Parcel Number: R286379
Association Fee: $1,489.00
Association Fee Frequency: Monthly
Tax Legal Description: THE PORTLAND PLAZA CONDOMINIUM, LOT 1602

Virtual Tour

Video Virtual Tour 1 URL: https://cedar-sky-media.aryeo.com/sites/1500-sw-5th-ave-portland-or-97201-9427530/unbranded
Video Virtual Tour 2 URL: https://my.matterport.com/show/?m=hRz8uwmqgMj&brand=0&mls=1&

Property

Lot Information

Lot Description: Level
SqFt Source: Tax

Property and Assessments

Property Sub Type: Condominium
Property Type: Residential

Water Description: Public Water
Property Condition: Resale
Year Built: 1973

Utilities

Cooling Description: Central Air
Fuel Description: Electricity

Heating Description: Baseboard, Forced Air
Hot Water Description: Electricity
Sewer Description: Public Sewer

Interior and Exterior Features

Exterior Features

Exterior Description: Metal Siding
Roof Type: Metal

Interior Features

Basement: Storage Space
Foundation Details: Slab

Fireplaces Total: 0
Interior Features: Elevator, Garage Door Opener, Quartz, Wallto Wall Carpet, Washer Dryer
SqFt Calculated: 1620
SqFt Lower Level Total: 0
SqFt Main Level Total: 1620
SqFt Upper Level Total: 0
Bedrooms Total: 3
Stories: 1
Baths Total: 2.0

Master Bedroom

Room Description: Primary Bedroom
Primary Bedroom Level: Main

Bedroom 2

Room Description: _2nd Bedroom
Bedroom 2 Level: Main

Bedroom 3

Room Description: _3rd Bedroom
Bedroom 3 Level: Main

Dining Room

Room Description: Dining Room

Family Room

Room Description: Family Room

Kitchen

Room Description: Kitchen
Kitchen Appliances: Builtin Range, Dishwasher, Disposal, Down Draft, Granite, Pantry, Quartz, Range Hood

Living Room

Room Description: Living Room

Baths

Baths Lower Level Full: 0
Baths Lower Level Partial: 0

Baths Lower Level Total: 0.0
Baths Main Level Full: 2
BathsMainLevelPartial: 0
Baths Main Level Total: 2.0
Bathrooms Full: 2
Baths Partial: 0
Total Bathrooms: 2
Baths Upper Leve lFull: 0
Baths Upper Level Partial: 0
Baths Upper Level Total: 0.0

Condominium

Condominium Information

Condo Floor Plan: Other
Condo Garage Type: Deeded

Condo Parking Tax: 1.00
Condo Storage Unit No: floor
Condo Unit Level: 25
Condo Units In Complex: 144
Condo Washer Dryer: Included In Unit
Condo Total Levels: 25

Amenities

Amenities Information

Association Amenities: Commons, Concierge, Exterior Maintenance, Front Yard Landscaping, Gated, Gym, Insurance, Internet, Maintenance Grounds, Management, Party Room, Pool, Sewer, Trash, Water, Weight Room

Multi Family

Multi-Family Information

SqFt Approximate Building Total: 1620

Property History for 1500 Southwest 5th Avenue, Unit 1602

Date	Event & Source	Price	Appreciation
Mar 2, 2026	Sold (Public Record) Public Record #1930246164	$550,000	—

Date	Event & Source	Price
03/02/2026	Sold (Public Record) Public Record #1930246164	$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Southwest 5th Avenue, Unit 1602

Taxable ValueLand-Additions$420,350Total-

Tax Record2025$8,036 ($670 / month)

Home Facts

Beds2Baths2Total Finished SqFt1,619 SqFtAbove Grade Finished SqFt1,619 SqFtStories1Lot Size9,583 SqFtStyleCondominiumYear Built1973Year Renovated1973ZoningCXCountyMULTNOMAHAPNR286379

Schools near 1500 Southwest 5th Avenue, Unit 1602

This home is within Portland School District 1j.


Rating	School	Type	Grades	Distance
5/10	Chapman Elementary School	Public - Serves this home	K to 5	1.9 mi
6/10	West Sylvan Middle School	Public - Serves this home	6 to 8	4.0 mi
8/10	Lincoln High School	Public - Serves this home	9 to 12	0.6 mi
8/10	Emerson School	Charter - Choice school	K to 5	0.3 mi
8/10	Metropolitan Learning Center	Public - Choice school	K to 12	1.1 mi
5/10	Benson Polytechnic High School	Public - Choice school	9 to 12	1.6 mi
NR	St Marys Academy	Private - Nearby school	9 to 10	0.1 mi
NR	Urban Ed Alternative School Outside in School	Private - Nearby school	12	0.4 mi
NR	Northwest Academy	Private - Nearby school	6 to 12	0.4 mi


Rating	School	Distance
5/10	Chapman Elementary School PublicK to 5 Serves this home	1.9 mi
6/10	West Sylvan Middle School Public6 to 8 Serves this home	4.0 mi
8/10	Lincoln High School Public9 to 12 Serves this home	0.6 mi
8/10	Emerson School CharterK to 5 Choice school	0.3 mi
8/10	Metropolitan Learning Center PublicK to 12 Choice school	1.1 mi
5/10	Benson Polytechnic High School Public9 to 12 Choice school	1.6 mi
NR	St Marys Academy Private9 to 10 Nearby school	0.1 mi
NR	Urban Ed Alternative School Outside in School Private12 Nearby school	0.4 mi
NR	Northwest Academy Private6 to 12 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1500 Southwest 5th Avenue, Unit 1602, Portland, OR 97201	$550,000	3	2	1,620	–
1500 Southwest 5th Avenue, Unit 2103, Portland, OR 97201	$352,500	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 506, Portland, OR 97201	$490,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 1504, Portland, OR 97201	$449,000	2	2	1,567	–
1500 Southwest 5th Avenue, Unit 1801, Portland, OR 97201	$515,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 405, Portland, OR 97201	$305,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 1505, Portland, OR 97201	$378,000	1	1	1,017	–
1500 Southwest 5th Avenue, Unit 2004, Portland, OR 97201	$355,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 2002, Portland, OR 97201	$467,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 203, Portland, OR 97201	$280,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 905, Portland, OR 97201	$337,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 2006, Portland, OR 97201	$310,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 2603, Portland, OR 97201	$280,000	2	2	1,319	9,583
1500 Southwest 5th Avenue, Unit 1603, Portland, OR 97201	$390,000	1	1	1,019	–
1500 Southwest 5th Avenue, Unit 2003, Portland, OR 97201	$630,000	2	2	1,319	–
1500 Southwest 5th Avenue, Unit 705, Portland, OR 97201	$399,900	2	2	1,319	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/04/2026 01:38 PM

Portland, OR

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