2 bd • 1 ba • 901 sq ft
940 NW NAITO PKWY L12, Portland, OR 97209
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- Bedrooms
- 2
- Total Baths
- 1
- Building Area
- 901 sq ft
- Price/Sq Ft
- $222/sq ft
- Year Built
- 1982
- Garage
- 1 space · Carport
- County
- Multnomah
- Annual Tax
- $4,434 (2026)
- HOA
- $749 / monthly
- Days on Market
- 5 days
- Open House
- None scheduled
Monthly payment
$2,379 per month
- Principal & interest$1,219
- Property taxes$370
- HOA dues$749
- Home insurance$42
- 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% ($19,990) on $199,900; loan $179,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $370/mo (RMLS annual tax ÷ 12)
- HOA dues: $749/mo (RMLS association fee, converted to monthly)
- Home insurance: $42/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 only two-bedroom condo currently offered at McCormick Pier under $200K, this beautifully updated townhome-style residence delivers over 900 sq. ft. of space with incredible Willamette River views. Bright, open, and designed for everyday living, the main level brings everyone together around a fresh, modern kitchen. Quartz countertops, a spacious island made for gathering, and stainless steel appliances create a clean, contemporary feel, while a dedicated pantry keeps small appliances and kitchen essentials tucked away. Durable LVP flooring ties it all together. Slide open the door to your private deck and enjoy front-row seats to the river, passing boats, iconic bridges, and Portland's cityscapes. Upstairs, two generously sized bedrooms are separated by a full bath, offering flexibility for guests, creative space, or a home office with ever-changing views. Find your favorite way to enjoy miles of paved riverfront paths, with the Pearl District, Old Town, and downtown Portland all within easy reach. Enjoy the convenience of having the community pool and hot tub nearby, along with 24-hour security, BBQ areas, and waterfront fire pits. It's an impressive collection of amenities that makes the most of this one-of-a-kind waterfront setting. Need more perks? This home has them: a newer heat pump with central A/C, updated siding and fresh exterior paint, in-unit washer and dryer, and deeded covered parking. MAX, streetcar, and bus connections are nearby, along with neighborhood favorites like Lovejoy Bakers, The Fields Bar, Saturday Market, and the Pearl District's dining and shopping. **Two bedrooms. Over 900 sq. ft. Riverfront views. Central A/C. Covered deeded parking. All for under $200K.** That's more space and more lifestyle for your money, with the updates already done and nothing left to do but move in and enjoy. Opportunities like this at McCormick Pier don't come along often!
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Condominium |
| Bedrooms | 2 |
| Total Baths | 1 |
| Full Baths | 1 |
| Partial Baths | 0 |
| Building Area (sq ft) | 901 |
| Year Built | 1982 |
| Stories | 3 |
| Garage Spaces | 1 |
| County | Multnomah |
| Subdivision | MCCORMICK PIER CONDOMINIUM |
| Elementary School | Chapman |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air, Heat Pump |
| Cooling | Central Air, Heat Pump |
| Appliances | Cooktop, Dishwasher, Disposal, Free Standing Refrigerator, Island, Quartz, Stainless Steel Appliance |
| Interior Features | High Ceilings, Luxury Vinyl Plank, Quartz, Wallto Wall Carpet, Washer/Dryer |
| Exterior Features | Builtin Barbecue, Builtin Hot Tub, Fenced, Fire Pit, In Ground Pool, Patio |
| Style | 2 Stories, NW Contemporary |
| Roof | Flat |
| Fireplaces | 0 |
| View | Yes |
| Waterfront | Yes |
| Lot Features | Commons, Gated, Level, On Busline |
| Parking | Covered, Deeded |
| Sewer | Public Sewer |
| Water | Public Water |
| Association Fee | $749 |
| Association Fee Frequency | Monthly |
| Annual Taxes | $4,434 |
| Tax Year | 2026 |
| Original List Price | $199,900 |
| RMLS # | 526090462 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Randi Thompson • Premiere Property Group, LLC
Listing updated: Nov 5, 2026 at 8:29pm
Source: RMLS #526090462 ![]()
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.

