Listing provided courtesy of Works Real EstateMLS# 407764223MLS ProviderContact Information: [email protected]
  • 59 days on site
  • 2 views

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 light fixtures and hardwood floors and has a full laundry room in the unit. Kitchen and living room windows allow for an airy crossflow that is merely unmatched. 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 its 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.

Source: Regional MLS, MLS#: 407764223

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

FANGFEI YANG

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    39
  • Population Density
    16,084
  • College Educated
    72%
  • Estimated Median Income
    $65,746
  • Estimated Total Home Owners
    3,244
  • Estimated Total Renters
    10,389
  • Owner / Renter Divide
    24% / 76%
  • Estimated Average Household Size
    1
  • Total Population
    19,824
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 20 NW 16TH AVE ##405


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/1/2026Source: Regional MLS Added to Database
May 01, 2026