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    1500 SW 5Th Ave, Unit 703 Portland, OR 97201

    For Sale
    $499,000

    High-end remodeled condo with city views and modern amenities.

    Property Features for 1500 SW 5Th Ave

    General Information

    Interior features
    Interior Feature 1, : "Security System", "Interior Feature 2": "Central Air", "Interior Feature 3": "Heat Pump", "Interior Feature 4": "Heat Pump", "Interior Feature 5": "Built-in Oven", "Interior Feature 6": "Convection Oven", "Interior Feature 7": "Dishwasher", "Interior Feature 8": "Disposal", "Interior Feature 9": "Double Oven", "Interior Feature 10": "Free-Standing Refrigerator", "Interior Feature 11": "Granite", "Interior Feature 12": "Island", "Interior Feature 13": "Microwave", "Interior Feature 14": "Plumbed For Ice Maker", "Interior Feature 15": "Solid Surface Countertop", "Interior Feature 16": "Stainless Steel Appliance", "Interior Feature 17": "Tile"
    Exterior features
    exterior_features, : ["Patio", "Porch"]

    Building Details

    Year built
    1973

    Source: The Hanzlik Group David Hanzlik & Associates Inc Agent The Hanzlik Group David Hanzlik & Associates Inc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Condo with City Views

    Condo 703 features northeast territorial views of Mt Hood. The home has undergone a total, high-end remodel. The open kitchen features granite counters and stainless steel appliances. Gourmet touches include a wine storage area, breakfast bar, and power receptacles inside the cupboards. The large living area opens to panoramic city views and the treetops of Keller Fountain. Both bathrooms have been updated with floating vanities and step-in showers. The primary bathroom has double sinks, herringbone tile, and an ADA-bidet toilet. Both bedroom closets are finished with built-in shelves. The condo has been freshly painted. The Portland Plaza offers security and amenities for its residents, including a guard/concierge always on premise (24/7). Grounds include 4 BBQ areas, a heated salt-water pool, herb gardens, flower beds, glass pergolas, a fire pit, water features, and private seating areas. Inside the building, there is a library, meeting room, and gym. Deeded parking and insurance, water, sewer, garbage, recycling, window washing, storage, management, and maintenance are included with the HOA. Condo 703 is suitable as a new home, pied-a-terre, a safe respite for a college/medical student, or a downtown rental (30-day minimum).
    Insight Report Location Intelligence

    Current Use by Public Records

    The Portland Plaza Condominium Complex Szekely Otto A MD Doctor Blink Charging Station Electric Vehicle Charging Station Bernhild Nieswandt, The Hanzlik ... Real Estate Agent Go Stay Kit Indoor Lodging

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6801994
    Latitude
    45.5129949

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    FAQs

    What type of property is this?
    Apartment building - High-end remodeled condo with city views and modern amenities.
    Where is this apartment building located?
    The property is located at 1500 SW 5Th Ave, Unit 703 Portland, OR.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Total, high-end remodel with open kitchen, granite counters, and deluxe stainless steel appliances.; - Unparalleled security with 24/7 guard/concierge service.; - Extensive grounds including a heated salt-water pool, BBQ areas, herb gardens, fire pit, and private seating.
    Request Owner's contact information
    1500 SW 5Th Ave, Unit 703 Portland, OR 97201
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    Portland, OR 97201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 SW 5Th Ave, Unit 703 Portland, OR 97201
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