20 NW 16TH AVE #405

Portland, 97209

  • Bed

  • 1 Bath

  • 367 SqFt

  • 1 DOM

  • Built: 1927

  • Status: Active

$155,000

X

20 NW 16TH AVE #405

Portland 97209

$155000

  • Bed

  • 1 Bath

  • 367 SqFt

  • 1 DOM

  • Built: 1927

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

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 tile and hardwood floors, and has a full laundry room in the unit. Kitchen and living room windows allow for an airy crossflow that is unmatched by other units in the Alphabet District. 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 it’s 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.

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Residence Information

  • 0

  • 367

  • 0

  • 367

  • Tax

  • 367

  • 0

  • 1

  • 0

  • 1

  • BuiltUp

  • Studio

  • OnStreet

  • 1

  • 1927

  • No

  • Brick, Stucco

  • Unfinished

  • Unfinished

  • Slab

  • DoublePaneWindows,Vi

  • Commons, ExteriorMain

Features and Utilities

  • Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Tile

  • HighCeilings, HookupAvailable, Laundry, SoakingTub, TileFloor, WasherDryer, WoodFloors

  • AccessibleApproachwithRamp, AccessibleElevatorInstalled, AccessibleEntrance, MinimalSteps, OneLevel

  • Recirculating

  • Zoned

  • PublicSewer

  • Recirculating

  • Electricity

Financial

  • 2302.86

  • 1

  • 490 / Month

  • Cash,Conventional,VALoan

  • 05-01-2026

  • 1600

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional,VALoan

  • $155,000

  • $155,000

  • May 01, 2026 17:59

Schools

Elementary : Chapman N/A Ratings
Middle : West Sylvan N/A Ratings
High : Lincoln N/A Ratings

Map

Listing courtesy of Works Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: May 02, 2026 03:17 | Listing last modified May 01, 2026 17:59. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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