For Sale68d on market

408 NW 12th Ave APT 608

Portland, OR, 97209 • Pearl District • Multnomah County

$650,000

$504/sqft

-$25,000 since Feb 5, 2026

Down payment assistance available

1Beds

2Baths

1,290Sqft

1998Built

Property DNA

8 highlights

Scenic Views

City · Trees/Woods

Contemporary Style

Built 1998 · 28 years of history

Pearl

Commons · Exterior Maintenance · Maintenance Grounds

Enhanced Security

Entry · Intercom Entry

Outdoor Living

Deck

1 Fireplace

Gas

1-Car Garage

Covered · Secured · Condo Garage (Undeeded) · Attached

Premium Finishes

Granite · Walk-In Closet(s)

This home is getting attention

Listed 68 days ago · 602 views · 12 saves

Market activity

Demand and pricing signals for this listing

602 views

People checking out this listing

12 saves

Buyers have saved this home

68 days on market

Established listing

$504/sqft

Price per square foot

About this home

Condo · Built 1998

Located in the heart of the Pearl District, this 6th floor penthouse condo at McKenzie Lofts offers west facing views, floor to ceiling windows and French doors that open onto a spacious deck that spans the width of the unit. With one bedroom and two full bathrooms, this layout provides 1,290 square feet of open living. The main living area features hardwood floors, a gas fireplace, built-in shelves with a library ladder + a Murphy bed for bonus guest space. The spacious kitchen is perfect for entertaining with stainless steel appliances, a gas range and lots of countertop space. The oak hardwood floors have been recently refinished and fresh interior paint throughout makes this unit light and bright. Deeded parking and storage included. Walk score=99; Bike Score=98

Standout features identified

Our analysis highlights gas fireplace, west facing views, and gas range as key attractions of this home.

Estimated monthly payment

Based on current rates

$5,302/month

Principal & Interest$3,201

Property Tax$650

Insurance$217

HOA$1,234

Down payment20% ($130,000)

3%50%

Est. 6.25% rate · 30yr fixed · $520,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeResidential, Condominium

Year Built1998

HeatingHeat Pump, Fireplace(s)

CoolingCentral Air

Parking1 Attached Garage space

HOA$1,234 monthly

Days on Zillow68 Days

Price/sqft$504

Property

Home typeCondo

Sub-typeResidential, Condominium

StyleContemporary

ConditionResale

Year built1998

Stories1

Systems

HeatingHeat Pump, Fireplace(s)

CoolingCentral Air

RoofFlat

ConstructionBrick, Metal Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingCovered, Secured, Condo Garage (Undeeded), Attached

Garage1 spaces

BasementFull

Fireplaces1

Location & Tax

NeighborhoodPearl District

ZoningEX

Annual tax$13,335

ParcelR215493

Bathrooms & Fees

Full baths2

HOA$1,234/mo

Features & details

19 categories of property features

Interior Features

Interior

Granite

Kitchen Island

Balcony

Built-in Features

Suite

Walk-In Closet(s)

Walkin Shower

Appliances

Dishwasher

Disposal

Free-Standing Gas Range

Free-Standing Range

Free-Standing Refrigerator

Gas Appliances

Microwave

Plumbed For Ice Maker

Stainless Steel Appliance(s)

Washer/Dryer

Electric Water Heater

Flooring

Hardwood

Tile

Wood

Heating

Heat Pump

Fireplace(s)

Cooling

Central Air

Laundry

Laundry Room

Fireplace

Gas

Windows

Double Pane Windows

Accessibility

Accessible Doors

Accessible Elevator Installed

Accessible Entrance

Accessible Hallway

Main Floor Bedroom Bath

Minimal Steps

One Level

Parking

Utility Room On Main

Walkin Shower

Accessibility

Exterior Features

Exterior

Balcony

Parking

Covered

Secured

Condo Garage (Undeeded)

Attached

Construction

Brick

Metal Siding

Patio & Porch

Deck

Lot Features

Corner Lot

Level

Community

Condo Elevator

Security

Entry

Intercom Entry

Views

City

Trees/Woods

Utilities

Cable Connected

Gas

Room details

4 rooms detailed

Master Bedroom

Main

Hardwood FloorsSuiteTile FloorWalkin ClosetWalkin Shower

Dining Room

Main

French DoorsHardwood Floors

Kitchen

Main

DishwasherGas AppliancesHardwood FloorsIslandMicrowaveFree Standing RefrigeratorGranitePlumbed For Ice Maker

Living Room

Main

BalconyBuiltin FeaturesFireplaceHardwood Floors

Listing insights

Market data and value estimates

StatusFor Sale

Days on market68

Est. value$634,400

Est. rent$3,628/mo

Tax rate0.96%

Price/sqft$504

On marketJan 6, 2026

PostedJan 7, 2026

Last sold$555,000

MLS statusActive

MLS updatedMar 14, 2026

Tour days9

Favorites12

How are the schools in Portland?

3 schools rated nearby

Chapman Elementary School

Elementary • Public • K-5

1.2 mi

West Sylvan Middle School

Middle • Public • 6-8

4.1 mi

Lincoln High School

High • Public • 9-12

0.6 mi

Location

Portland, OR, 97209

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Feb 5, 2026Price Change$650,000$504RMLS (OR)

Jan 6, 2026Listed For Sale$675,000$523RMLS (OR)

Mar 18, 2005Sold$555,000$430Public Record

Price Change$650,000

Feb 5, 2026•$504/sqft•RMLS (OR)

Listed For Sale$675,000

Jan 6, 2026•$523/sqft•RMLS (OR)

Sold$555,000

Mar 18, 2005•$430/sqft•Public Record

Tax history

20 years of records

YearTax paidAssessed value

Mar 16, 2025$13,335$579,700

Mar 16, 2024$10,418$549,420

Mar 16, 2023$11,392$562,820

Mar 16, 2022$11,523$546,430

Mar 16, 2021$11,575$530,520

Mar 16, 2020$11,078$515,070

Mar 16, 2019$12,604$500,070

Mar 16, 2018$12,604$485,510

Mar 16, 2017$12,290$471,370

Mar 16, 2016$10,609$457,650

Mar 16, 2015$10,609$444,330

Mar 16, 2014$9,975$431,390

Mar 16, 2013$8,147$418,830

Mar 16, 2012$6,788$406,640

Mar 16, 2011$6,951$394,800

Mar 16, 2010$7,969$383,310

Mar 16, 2009$8,108$372,150

Mar 16, 2008$7,654$361,320

Mar 16, 2007$7,638$350,800

Mar 16, 2006$6,858$340,590

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Neighborhood details

Local context around this listing

Portland, OR • Multnomah County

Nearby neighborhoods

Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns

Nearby cities

Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village

Nearby zip codes

97202972039720697217972199722997230972339723697266

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Value estimates

Live

Est. value$634,400

Est. rent$3,628/mo

30yr rate est.6.25%

Affordability$5,217/mo

Accepted financing

CashConventionalVA Loan

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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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-03-16 06:14:06 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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