1 bd • 1 ba • 694 sq ft
940 NW NAITO PKWY L15, Portland, OR 97209
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- Bedrooms
- 1
- Total Baths
- 1
- Building Area
- 694 sq ft
- Price/Sq Ft
- $272/sq ft
- Year Built
- 1982
- County
- Multnomah
- Annual Tax
- $4,087 (2025)
- HOA
- $524 / monthly
- Days on Market
- 70 days
- Open House
- None scheduled
Monthly payment
$2,048 per month
- Principal & interest$1,144
- Property taxes$341
- HOA dues$524
- Home insurance$39
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($18,900) on $189,000; loan $170,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $341/mo (RMLS annual tax ÷ 12)
- HOA dues: $524/mo (RMLS association fee, converted to monthly)
- Home insurance: $39/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
The Ultimate Waterfront Sanctuary at McCormick Pier. Live where the city meets the river. Tucked away in Portland’s premier gated, low-rise community, this single-level condo offers direct waterfront living, meaning you literally cannot get closer to the water. Enjoy an unmatched front-row seat to the Willamette River, Broadway Bridge , and wide-open skies. Located just steps from the Pearl District and downtown. Step right out your door to access 15-mile of paved river front trail system. Unit is completely buffered from Naito Parkway traffic behind secure gates. Walk to downtown dining and shopping, with MAX light rail, street car and bus lines just steps away. HOA includes recently renovated outdoor pool, hot tub, health club, BBQ areas, fire pits, and secure riverwalk access. Enjoy stair-free living with a ground floor unit. Condo has expansive private deck that provides the ultimate backdrop for morning coffee or evening wine. A bright open-concept layout featuring premium flooring, a spacious kitchen with granite countertops, breakfast bar, and stainless steel appliances. Unit has stackable washer/dryer, central furnace/AC and dedicated deeded parking space. Whether seeking a full-time urban retreat, a resort lifestyle, or a smart investment, this exceptional McCormick Pier Condo captures the best of Portland downtown urban living.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Condominium |
| Bedrooms | 1 |
| Total Baths | 1 |
| Full Baths | 1 |
| Partial Baths | 0 |
| Building Area (sq ft) | 694 |
| Year Built | 1982 |
| Stories | 3 |
| Garage Spaces | 0 |
| County | Multnomah |
| Subdivision | MCCORMICK PIER CONDOMINIUM |
| Elementary School | Chapman |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air |
| Cooling | Central Air |
| Appliances | Dishwasher, Disposal, Free-Standing Range, Free Standing Refrigerator, Granite, Pantry, Stainless Steel Appliance |
| Interior Features | Engineered Hardwood, Furnished, Granite, High Speed Internet, Laundry |
| Exterior Features | Builtin Barbecue, Builtin Hot Tub, Covered Deck, Fire Pit, In Ground Pool |
| Style | Contemporary, Modern |
| Roof | Flat |
| Fireplaces | 0 |
| View | Yes |
| Waterfront | Yes |
| Parking | Deeded, Secured |
| Sewer | Public Sewer |
| Water | Public Water |
| Association Fee | $524 |
| Association Fee Frequency | Monthly |
| Annual Taxes | $4,087 |
| Tax Year | 2025 |
| Original List Price | $219,900 |
| RMLS # | 224583275 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Morgan Braze • Kelly Right Real Estate of Portland, LLC
Listing updated: Oct 19, 2026 at 12:00pm
Source: RMLS #224583275 ![]()
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.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.

