1420 NW Lovejoy St Unit 725
Portland, OR 97209
- 2 beds
- 1 bath
- 1,140 sqft
- $381 per sqft
- 1910 build
- – on site
Welcome to this exceptional top-floor penthouse in the historic Marshall Wells Lofts. As you step inside, you'll be greeted by an open floor plan with stunning 14' ceilings made from old-growth timber, all illuminated by abundant natural light streaming in from the courtyard. The unique cork flooring adds warmth and character to the space.This home has been thoughtfully updated since the building's conversion to condos in 2001, featuring sleek granite countertops in the kitchen, modern lighting, Shoji screens in one bedroom, and a spacious custom walk-in closet. The bathroom has also been remodeled for added convenience and style. Nearly all the kitchen appliances are brand new, enhancing the home's functionality. A versatile bonus space, currently used as a second bedroom, provides endless possibilities.Additionally, you'll enjoy the convenience of a deeded parking space and a generous 105-square-foot storage unit located near the parking stall on the second floor. All appliances, including the washer and dryer, are included. This is true loft-style living at its finest.The location is unbeatable, situated right on the streetcar line and just moments from Safeway. You'll also have easy access to an array of coffee shops, parks, restaurants, shopping, and entertainment in the vibrant Pearl District. According to Walk Score, this is a “Walker’s Paradise” with a score of 98, “Excellent Transit” with a score of 83, and a “Biker’s Paradise” with a score of 98.A bit of history about the building: Originally built in 1910, the structure was Warehouse #2 for the Marshall-Wells Hardware Company, a major wholesale distributor of hardware, saddlery, paints, and mining and railroad supplies. For a complete history of the building, please refer to the attachment in the listing.
Last checked:
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Last updated Mar 14, 2025
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MLS# 568390588 —
The Building
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Year Built:1910
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New Construction:false
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Architectural Style:Loft
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Roof:Composition
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Stories:1
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Basement:None
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Foundation Details:Slab
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Exterior Description:Other
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Window Features:DoublePaneWindows
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Security Features:FireSprinklerSystem, IntercomEntry, LimitedAccess, SecurityGate
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Condominium Unit Level:7
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Condominium Floor Plan:Loft
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Condominium Elevator:true
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Condominium Storage Unit No:S-115
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Stories Total:7
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Unit Location:UpperFloor
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Unit Number:725
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Floor Number:7
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Building Area Description:Tax Rcrd
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Building Area Total:1140.0
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Building Area Calculated:1140
Interior
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Interior Features:CorkFloor, Elevator, GarageDoorOpener, Granite, HighCeilings, Laundry, PlumbedForCentralVacuum, TileFloor, WasherDryer
Room Dimensions
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Main Level Area Total:1140
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:On NW Lovejoy between NW 14th and NW 15th
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Latitude:45.529657
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Longitude:-122.686091
The Property
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Parcel Number:R530172
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Parcel Number 2:R530286
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Parcel Number 3:R530464
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:UpdatedRemodeled
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Lot Features:Commons, Gated, Level, StreetCar
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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) 515-8426
- Office phone:
- (503) 515-8426
Taxes
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Tax Year:2025
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Tax Legal Description:MARSHALL-WELLS LOFTS CONDOMINIUMS, LOT 725
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Tax Annual Amount:7169.94
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Condominium Parking Tax:327.45
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Condominium Storage Tax:37.00
Beds
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Bedrooms Total:2
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://vimeo.com/1065245172?share=copy
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas
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Water Source:PublicWater
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Fuel Description:Electricity
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Internet Service Type:Other
Appliances
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Appliances:Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Granite, Island, Microwave, Pantry, PlumbedForIceMaker, SolidSurfaceCountertop
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Condominium Washer Dryer:IncludedInUnit
Schools
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Elementary School:Chapman
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Middle Or Junior School:West Sylvan
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High School:Lincoln
The Community
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Subdivision Name:PEARL DISTRICT/ MARSHALL WELLS
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Senior Community:false
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Association Amenities:Commons, ExteriorMaintenance, Gated, HotWater, Insurance, Management, Sewer, Trash, Water
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Condominium Concierge:false
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Association Fee:974.0
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Association Fee Frequency:Monthly
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Condominium Units In Complex:154
Parking
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Attached Garage:true
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Garage Type:Attached
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Garage Spaces:1.0
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Condominium Garage Type:Deeded
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Parking Total:1.0
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Parking Features:Deeded, Secured
Monthly cost estimate

Asking price
$435,000
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. |
$2,329
|
Taxes | $597 |
Insurance | $119 |
HOA fees | $974 |
Utilities | $107 See report |
Total | $4,126/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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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3/13/25
Mar 13, 2025
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Listed / Active | RMLS | $435,000 | 2.6% (1.4% / YR) |
5/11/23
May 11, 2023
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RMLS | $424,000 | ||
4/22/23
Apr 22, 2023
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RMLS | $424,000 |