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1040 NW Naito Pkwy APT O16, Portland, OR, 97209

1beds
1baths
756sqft
$180,000
$238price/sqft
$1,409/moest. monthly cost
$56,360/yrincome needed

About This Home

South facing second story condo with lots of natural light! The condo has recently been completely remodeled and includes central AC/heat. The upgraded kitchen boasts a huge built-in pantry with ample storage, freshly painted cabinetry, new quartz counter tops, eating bar, and new stainless steel appliances. New vinyl hardwood floors throughout the entire unit. Patio off the living room overlooks the quiet community pool, which includes a hot tub open year-round. Upstairs you'll find newer full size in unit washer/dryer, updated bathroom and large bedroom. Deeded, gated, off street parking included. Convenient to bus lines, light rail, shopping, restaurants, bike paths, and the river. HOA includes exterior maintenance, pool and hot tub, community grills, water, hot water, sewer, trash, onsite overnight security 6pm to 6am seven days a week, and on call security 24/7. Investors: no rental cap, can be rented with 30 day minimum rental, buyer due diligence.

Getting Around

89
WalkingVery Walkable
87
TransitExcellent Transit
96
BikeBiker's Paradise

Schools

5/10
5/10
8/10
Lincoln High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1982

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Eat Bar,Pantry,Quartz,Bathroom,Loft,Closet
  • Door features: Sliding Doors
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 756
  • Total interior livable area: 756 sqft

Kitchen

  • Features: Dishwasher, Disposal, Eat Bar, Microwave, Pantry,Free Standing Range, Free Standing Refrigerator, Plumbed For Ice Maker, Quartz, Vinyl Floor
  • Level: Main
  • Area: 132

Living Room

  • Features: Patio, Sliding Doors,Vinyl Floor
  • Level: Main
  • Area: 224

Master Bedroom

  • Features: Bathroom, Loft,Closet, Vinyl Floor, Washer Dryer
  • Level: Upper
  • Area: 224

Property

Details

  • Parcel number: R538208

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Upper Floor
  • Patio & porch: Patio
  • Spa features: Association

Parking

  • Parking features: Deeded,Off Street,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
    EarthquakeVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $910$10,920
Home Insurance *$38$456
Property Taxes $285$3,420
Electricity $176$2,119
Total$1,409$16,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,308/yr
40% on housing$42,270/yr
45% on housing$37,573/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 97209$203
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97209$322
Multnomah County$288

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)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$190,000
2026-04-21Listed for sale$205,000
2017-05-18Sold$265,000
2017-04-13Pending sale$269,900
2017-03-23Price change$269,900
2017-03-04Listed for sale$274,900
2016-03-08Listing removed$1,495
2016-02-18Price change$1,495
2015-12-31Listed for rent$1,750
2015-12-01Listing removed$259,900
2015-11-10Price change$259,900
2015-09-19Price change$264,900
2015-08-07Listed for sale$268,900
2004-05-21Sold$188,500

For Sale by Agent

AgentMeagan Fogle
BrokerageKeller Williams Realty Portland Elite

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