1040 NW Naito Pkwy APT O9, Portland, OR, 97209
About This Home
Waterfront Living at McCormick Pier!Enjoy the best of Portland’s waterfront lifestyle in this charming main-floor, single-story 1-bedroom condo—just steps from the boardwalk and minutes to downtown.This interior unit features:•A private deck with views of the community•A/C for year-round comfort•Stylish wood floors•Granite counters and stainless steel appliances in the kitchen•In-unit washer & dryer•Deeded parking space (#O4)—a rare and valuable findRelax in the beautifully maintained community pool, take advantage of the common BBQ areas, and stroll through the lushly landscaped grounds. Located in a gated security complex, this home offers peace of mind and convenience.With no rental cap, this condo also makes for a smart investment opportunity. Come and sit on your south facing large deck which has the most sun. Just walk out the gate a few steps to a fabulous pool. Summer is coming so you need to make it happen.
Getting Around
Very Walkable
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 1982
Materials
- Roof: Flat
- Construction materials: Cement Siding
Type & Style
- Home type: Condo
- Property subType: Residential,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Refrigerator,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Granite,Tile
- Door features: Sliding Doors
- Flooring: Hardwood,Wood,Tile
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 690
- Total interior livable area: 690 sqft
Kitchen
- Features: Dishwasher,Free Standing Refrigerator, Granite, Tile Floor
- Level: Main
- Area: 49
Living Room
- Features: Sliding Doors,Wood Floors
- Level: Main
- Area: 280
Master Bedroom
- Features: Wood Floors
- Level: Main
- Area: 120
Property
Accessibility
- Accessibility features: Main Floor Bedroom Bath,Accessibility
Details
- Parcel number: R538201
Features
- Levels: One
- Stories: 1
- Entry location: Main Level
- Patio & porch: Patio
- Spa features: Association
- On waterfront: Yes
- Waterfront features: River Front
- Waterbody name: Willamette River
Lot
- Features: Commons,Level,On Busline
Parking
- Parking features: Condo Garage (Deeded)
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $42 | $504 |
| Property Taxes | $317 | $3,804 |
| Electricity | $176 | $2,119 |
| Total | $1,545 | $18,540 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-25 | Price change | $199,900 |
| 2025-09-05 | Price change | $204,900 |
| 2025-07-30 | Listed for sale | $179,900 |
| 2016-10-07 | Sold | $264,900 |
| 2016-08-06 | Listed for sale | $254,900 |
| 2003-10-07 | Sold | $155,599 |
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