109 SW Gibbs St
Portland, OR 97239
- 1 bed
- 1 bath
- 906 sqft
- $551 per sqft
- 2017 build
- – on site
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!
Listing courtesy of RMLS / MORE Realty
Last checked:
Checking…
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Last updated Dec 18, 2024
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MLS# 24132390 —
The Building
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Year Built:2017
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New Construction:false
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Architectural Style:Contemporary, NWContemporary
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Stories:1
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Basement:None
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Exterior Description:Brick, WoodSiding
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Exterior Features:Patio, Sprinkler
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Window Features:DoublePaneWindows
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Accessibility:true
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Accessibility Features:OneLevel
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Condominium Floor Plan:OneLevel
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Condominium Elevator:true
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Condominium Storage Unit No:4
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Stories Total:3
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Unit Location:GroundFloor
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Floor Number:1
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Building Area Description:tax record
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Building Area Total:906.0
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Building Area Calculated:906
Interior
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Interior Features:GarageDoorOpener, LuxuryVinylTile, Quartz, WasherDryer
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Gas
Room Dimensions
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Main Level Area Total:906
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Between SW 1st & 2nd on Gibbs in Lair Hill- Just east of Barbur Blvd
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Latitude:45.49957
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Longitude:-122.679237
The Property
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Parcel Number:R682181
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Approximately
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Lot Features:Commons
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View:false
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 505-2134
- Office phone:
- (503) 353-6673
Taxes
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Tax Year:2023
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Tax Legal Description:GIBBS STREET COMMONS CONDOMINIUM, LOT 3
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Tax Annual Amount:7738.28
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
The Listing
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Virtual Tour URL Unbranded:https://youtu.be/WAtzcBYOqgo
Heating & Cooling
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Heating:MiniSplit
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Heating:true
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Cooling:MiniSplit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Tankless
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Water Source:PublicWater
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Fuel Description:Electricity, Gas
Appliances
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Appliances:CookIsland, Dishwasher, FreeStandingRange, FreeStandingRefrigerator, GasAppliances, Island, Quartz, StainlessSteelAppliance
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Condominium Washer Dryer:IncludedInUnit
Schools
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Elementary School:Capitol Hill
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Middle Or Junior School:Jackson
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High School:Other
The Community
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Subdivision Name:LAIR HILL
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Senior Community:false
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Association Amenities:Commons, ExteriorMaintenance
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Condominium Concierge:false
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Association Fee:433.0
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Association Fee Frequency:Monthly
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Condominium Units In Complex:5
Parking
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Attached Garage:true
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Garage Type:Attached,Available
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Garage Spaces:1.0
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Condominium Garage Type:None
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Parking Total:1.0
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Parking Features:OffStreet, Secured
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Condominium Parking Space No:109
Monthly cost estimate
Asking price
$499,987
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,677
|
Taxes | $644 |
Insurance | $137 |
HOA fees | $433 |
Utilities | $78 See report |
Total | $3,969/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/23/24
Oct 23, 2024
|
Price Changed | RMLS | $499,987 | -3.8% |
10/10/24
Oct 10, 2024
|
Price Changed | RMLS | $519,987 | -1.0% |
9/26/24
Sep 26, 2024
|
Listed / Active | RMLS | $524,999 |