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20 NW 16th Ave #405, 
Portland, OR 97209

$155,000


Bed


1

Bath


367

Sq Ft


Condo


Virtual Tour

Active

Listed by

Nichole Sharman

Works Real Estate

503-714-7053

Last updated:

May 24, 2026, 12:29 PM

MLS#

407764223

Source:

PORTLAND

About This Home

20 NW 16th Ave #405

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 light fixtures and hardwood floors and has a full laundry room in the unit. Kitchen and living room windows allow for an airy crossflow that is merely unmatched. 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 its 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.

Home Facts

Condo

1 Bath

Built in 1927

Price Summary

155,000

$422 per Sq. Ft.

MLS #:

407764223

Last Updated:

May 24, 2026, 12:29 PM

Added:

24 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

367 Sq. Ft.


Structure

Structure

Architectural Style:

Studio

Building Area:

367 Sq. Ft.

Year Built:

1927


Finances & Disclosures

Finances

Price:

$155,000

Price per Sq. Ft:

$422 per Sq. Ft.

MLS Logo
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 Coldwell Banker Farley Company 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: May 24, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.