Shawn Realty 503-515-4499
3 bd • 2.5 ba • 1,493 sq ft
245 SW MEADE ST M2, Portland, OR 97201
SaveKeep track of homes you like
Create a free account to save favorites and searches and get email updates. Sign up / Log in – or just keep browsing; no account is needed to view listings.
- Bedrooms
- 3
- Total Baths
- 2.5
- Building Area
- 1,493 sq ft
- Price/Sq Ft
- $345/sq ft
- Year Built
- 2005
- Garage
- 1 space · Attached, Tuck Under
- County
- Multnomah
- Annual Tax
- $9,144 (2025)
- HOA
- $825 / monthly
- Days on Market
- 20 days
- Open House
- None scheduled
Monthly payment
$4,834 per month
- Principal & interest$3,140
- Property taxes$762
- HOA dues$825
- Home insurance$107
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($51,500) on $515,000; loan $463,500
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $762/mo (RMLS annual tax ÷ 12)
- HOA dues: $825/mo (RMLS association fee, converted to monthly)
- Home insurance: $107/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Award-Winning Architecture in Historic Lair Hill - Experience the intersection of incredible design, contemporary living, and neighborhood character at The Lair - an award winning condominium community in an established urban neighborhood. Designed by architect Rick Potestio and built by Don Tankersley Construction, this distinctive collection of residences has earned both an AIA Merit Award and an Urban Land Institute Award for its architectural achievement. Natural wood siding, architectural concrete, and expansive windows give the building a striking yet grounded presence, while its intimate scale and shared courtyard foster a sense of community. One of the largest floor plans available, this 3 bedroom, 2.5 bath townhouse-style condo offers approximately 1,493 sq.ft. of thoughtfully arranged living space. High ceilings, wood floors, and a gas fireplace bring warmth and character to the living spaces. The dining and living areas offer a comfortable setting for everyday life and gathering, while the homes layout creates separation between shared spaces and private retreats. Upstairs, the primary bedroom and an additional bedroom offer flexibility for guests, work, or additional living needs. The Lair’s appeal extends beyond its interiors. Set in historic Lair Hill, the community offers a neighborhood feel while remaining close to parks, the Willamette River, and downtown Portland. South Waterfront cafes+restaurants, OHSU and the Tilikum Crossing pedestrian bridge are all within convenient reach. An attached one-car garage adds everyday practicality. Don't miss this opportunity to enjoy award-winning architecture, an intimate community setting, and the enduring character of one of Portland’s most historic neighborhoods.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Condominium |
| Bedrooms | 3 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 1493 |
| Year Built | 2005 |
| Stories | 3 |
| Garage Spaces | 1 |
| County | Multnomah |
| Subdivision | LAIR HILL |
| Elementary School | Ainsworth |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air |
| Cooling | Central Air |
| Appliances | Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Granite, Microwave, Pantry, Stainless Steel Appliance |
| Interior Features | Garage Door Opener, Granite, High Ceilings, Laundry, Skylight, Tile Floor, Wallto Wall Carpet, Washer/Dryer, Wood Floors |
| Style | Contemporary |
| Roof | Metal |
| Fireplaces | 1 |
| View | Yes |
| Waterfront | Yes |
| Lot Features | Trees |
| Parking | Driveway, On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Association Fee | $825 |
| Association Fee Frequency | Monthly |
| Annual Taxes | $9,144 |
| Tax Year | 2025 |
| Original List Price | $515,000 |
| RMLS # | 158006293 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Marisa Swenson • Modern Homes Collective
Listing updated: Oct 23, 2026 at 2:42pm
Source: RMLS #158006293
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
Ask Shawn Yu about this home
Choosing one fills in this home. Nothing is sent until you press Send.
Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty