Modern three-level Portland townhome offering distinctive architectural details and a prime location in the desirable Lair Hill neighborhood near OHSU, South Waterfront, and downtown Portland. This well-designed residence features a welcoming covered front porch entry and an open main level highlighted by dramatic vaulted tin ceilings, exposed brick accents, and durable sealed concrete flooring that create a warm yet contemporary urban feel. The kitchen blends character and function with Carrera marble countertops, a farmhouse sink, black GE appliance package, reclaimed barn wood wrapped peninsula, custom lighting, and generous space for cooking and gathering. The thoughtful floor plan provides excellent flexibility with three private en-suite bedrooms, each featuring built-in closets, transom windows, and individual heating and cooling controls for personalized comfort. A fourth bedroom or office offers additional versatility for guests, work-from-home space, or creative use. Infrastructure and convenience are equally impressive with Cat-5 and cable wiring to every room, dual instant hot water heaters, a stacked washer and dryer, ADT security system, and digital entry with Ring camera. The upper level opens to a private balcony ideal for enjoying fresh air and neighborhood views, while the street-level entry provides the feel of a traditional townhome rarely found in condo-style living. Additional highlights include two deeded parking spaces and a separate locked storage area for bikes, gear, or seasonal items. Ideally positioned with quick access to OHSU, the South Waterfront district, riverfront trails, public transit, parks, dining, and downtown employers, this property offers a unique opportunity to enjoy refined urban living in one of Portland’s most connected and historic neighborhoods.
Active
$875,000
121 SW Gibbs St, Portland, OR 97239
4beds
1,829sqft
Est.:
Residential, Condominium
Built in 2017
-- sqft lot
$853,000 Zestimate®
$478/sqft
$674/mo HOA
What's special
Farmhouse sinkBuilt-in closetsThree private en-suite bedroomsDramatic vaulted tin ceilingsOpen main levelTransom windowsExposed brick accents
- 11 days |
- 637 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 04:55am
Listed by:
Jim McCartan 503-314-2100,
Cascade Hasson Sotheby's International Realty,
Joe McCartan 971-400-0017,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 629814552
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 180
- Dimensions: 15 x 12
Bedroom 2
- Features: Closet, Ensuite, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 195
- Dimensions: 15 x 13
Bedroom 3
- Features: Closet, Ensuite, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 130
- Dimensions: 13 x 10
Dining room
- Features: Kitchen Dining Room Combo, High Ceilings
- Level: Main
- Area: 77
- Dimensions: 11 x 7
Kitchen
- Features: Kitchen Dining Room Combo, High Ceilings
- Level: Main
- Area: 231
- Width: 11
Living room
- Features: Bathroom, Exterior Entry, High Ceilings
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Floor 3rd, Granite, High Ceilings, Quartz, Balcony, Bathroom, Closet, Walkin Shower, Kitchen Dining Room Combo, Walk-In Closet(s), Marble
- Flooring: Wall to Wall Carpet
- Windows: Double Pane Windows
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,829
- Total interior livable area: 1,829 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Other, Garage Door Opener, Condo Garage (Deeded), Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Natural Lighting, Accessibility
Features
- Stories: 3
- Patio & porch: Deck, Patio, Porch
- Exterior features: Balcony, Exterior Entry
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Features: Level
Details
- Parcel number: R682179
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2017
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Green energy
- Construction elements: Reclaimed Material
Community & HOA
Community
- Features: Condo Elevator
- Security: Fire Sprinkler System
- Subdivision: Lair Hill
HOA
- Has HOA: Yes
- Amenities included: Exterior Maintenance, Sewer, Trash, Water
- HOA fee: $2,021 quarterly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $764,200
- Annual tax amount: $13,435
- Date on market: 3/11/2026
- Listing terms: Cash,Conventional
- Road surface type: Concrete, Paved
Estimated market value
$853,000
$810,000 - $896,000
$4,207/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $875,000+52.2%$478/sqft |
Source:  RMLS (OR) #629814552 Report a problem | ||
| 9/17/2015 | Sold | $575,000$314/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,436 +3.2% | $504,210 +3% |
| 2024 | $13,014 +3.4% | $489,530 +3% |
| 2023 | $12,582 +2.2% | $475,280 +3% |
| 2022 | $12,310 +1.7% | $461,440 +3% |
| 2021 | $12,102 +9% | $448,000 +3% |
| 2020 | $11,101 +3.8% | $434,960 +3% |
| 2019 | $10,693 | $422,300 +3% |
| 2018 | $10,693 +3% | $410,003 +96.9% |
| 2017 | $10,378 | $208,260 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,674/mo
Principal & interest
$4300
Property taxes
$700
HOA Fees
$674
More affordability tools
Climate risks
Neighborhood: Corbett-Terwilliger-Lair Hill
Getting around
78 / 100
Excellent TransitNearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 2.6 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.9 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Chapman
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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