220 SW 1ST AVE, Portland, OR 97204 | MLS #691061809 | Oregon First Inc.
 
Listing provided courtesy of LUXE Forbes Global PropertiesMLS# 691061809MLS Provider
  • 211 days on site
  • 21 views

The Lombard Building presents a rare opportunity to acquire a meticulously renovated historic property in Portland's central core. Originally built in 1889, the building combines architectural character with modern functionality. The building's location delivers convenient connectivity with multiple MAX stations within a 5-minute walk, Union Station a 15-minute walk, and PDX airport a 21-minute drive. The surrounding Old Town/Chinatown district offers tenants and customers an amenity-rich environment with dining, shopping, and entertainment options, plus close proximity to waterfront parks and the Pearl District. With turnkey condition, tenant income, and unmatched transit access in one of Portland's most dynamic neighborhoods, this represents a compelling core investment opportunity. Seller has an active real estate license in OR.

Source: Regional MLS, MLS#: 691061809

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  • Property Type
    Commercial Sale
  • Lot
    0.06 acres

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MATTHEW MCCARTHY

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  • Median Age
    40
  • Population Density
    3,495
  • College Educated
    18%
  • Estimated Median Income
    $0
  • Estimated Total Home Owners
    42
  • Estimated Total Renters
    470
  • Owner / Renter Divide
    8% / 92%
  • Estimated Average Household Size
    1
  • Total Population
    1,162
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* 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 220 SW 1ST AVE


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
12/1/2025Source: Regional MLS Added to Database
December 01, 2025