$499,987
1 Bed
1 Bath
906 SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Condominium
Price Type
Year Built 2017
Neighborhood Lair Hill
Days on Website 61

Property Map

$499,987 – 109 Sw Gibbs St, Portland, OR 97239

Street View

Listing courtesy of MORE Realty.

Description

Prime opportunity for investors! This stylish 1-bedroom, 1-bath condo in Portland’s Historic Lair Hill neighborhood is perfect for both short-term and long-term rentals, catering to a range of tenants including professionals, students, and traveling nurses. The open-concept layout boasts high ceilings, exposed brick walls, a modern kitchen with quartz countertops and an island, plus an office nook ideal for remote work. High-end finishes continue throughout, including an elegant bathroom and a floor-to-ceiling stucco-style fireplace for cozy ambiance.The condo includes in-unit laundry, a private outdoor patio, secure garage parking, and dedicated storage. Located at the base of OHSU and minutes from Johns Landing and Macadam Avenue, it offers unbeatable access to top employers, shopping, and dining—making it highly appealing to renters. Don’t miss this chance to invest in a versatile, income-generating property in one of Portland’s most sought-after neighborhoods!

Property Details and Features

Property Access

  • Road Surface Type: Paved

Appliances & Equipment

  • Appliances: CookIsland,Dishwasher,FreeStandingRange,FreeStandingRefrigerator,GasAppliances,Island,Quartz,StainlessSteelAppliance

Basement

  • Basement: None

Bathrooms

  • 1 total bath
  • 1 full bathroom
  • 1 total main level bath
  • 1 main level full bath

Bedrooms

  • 1 total bedroom

Building

  • Architectural Style: Contemporary,NWContemporary
  • Building Area Calculated: 906
  • Building Area Description: tax record
  • Building Area Total: 906
  • Built in 2017
  • Condominium Elevator
  • Condominium Floor Plan: OneLevel
  • Condominium Garage Type: None
  • Condominium Parking Space No: 109
  • Condominium Storage Available
  • Condominium Storage Unit No: 4
  • Condominium Units In Complex: 5
  • Condominium Washer Dryer: IncludedInUnit
  • Main Level Area Total: 906
  • Stories: 1
  • Unit Location: GroundFloor
  • 3 stories

Cooling

  • Cooling Equipped
  • Cooling: MiniSplit

Disclosures

  • Disclosures: Disclosure

Accessibility Features

  • Accessibility Features: OneLevel
  • Handicap Accessible

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Exterior Features: Patio,Sprinkler

Fireplaces

  • Fireplace Features: Gas
  • Fireplace Included
  • Fireplaces Total: 1

Garage

  • Attached Garage
  • Garage Spaces: 1
  • Garage Type: Attached,Available

Heating

  • Heating Available
  • Heating: MiniSplit

Home Owner’s Association

  • HOA Required
  • Amenities: Commons,ExteriorMaintenance
  • Fee: $433
  • Fee Frequency: Monthly

Interior Features

  • Features: GarageDoorOpener,LuxuryVinylTile,Quartz,WasherDryer

Listing

  • Contract Status Change Date: 2024-09-26
  • Days On Market: 61
  • Last Transaction Date: 2024-11-02 13:25:29
  • List Price: $499,987
  • Listing Contract Date: 2024-09-26
  • Listing Id: 24132390
  • Mls Status: Active
  • Modification Timestamp: 2024-11-26 01:49:30
  • On Market Date: 2024-09-26
  • Previous List Price: $519,987
  • Standard Status: Active

Location

  • MLS Area Major: _148
  • Subdivision Name: LAIR HILL
  • County Or Parish: Multnomah

Lot

  • Features: Commons

Parking

  • Features: OffStreet,Secured
  • 1 total parking spot

Possession

  • Possession: CloseOfEscrow

Property

  • Property Condition: Approximately
  • Property Sub Type: Condominium

Schools

  • High School: Other
  • Middle Or Junior School: Jackson
  • Elementary School: Capitol Hill

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $7,738
  • Legal Description
  • Tax Year: 2023

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water Description: Tankless
  • Water Source: PublicWater

Windows

  • Features: DoublePaneWindows

Request More Info

  • Hidden
  • This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • Hidden
  • This field is for validation purposes and should be left unchanged.

This content last updated on November 26, 2024 15:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.