$178,000
2109 NW Irving St #407, Portland, OR 97210
Historic Nob Hill 1BR Condo — 513 sqft, Elevator & Deeded Storage
1 Bed · 1 Bath · 513 Sq Ft
Walk to Providence Park and NW 21st — compact, updated, investor-ready
1
Beds
1
Baths
513
Sq Ft
1910
Built
Condominium (lot included in association)
Lot
None; street parking
Garage
About 2109 NW Irving St
Bright, character-filled 1-bedroom condo in the historic Irving Street Towers — a true Nob Hill address with immediate access to NW 21st and 23rd Avenue shopping and Providence Park. This 513-square-foot unit preserves the charm of a 1910 FourSquare with 9' ceilings and classic built-ins while offering practical updates: an upgraded kitchen with stainless-steel appliances, a roomy walk-in closet, and thoughtful storage. The building provides elevator access and a deeded basement storage locker plus dedicated bike storage — a rare amenity package for a pied-à-terre or rental in this pocket of the city.
The living area is laid out efficiently for modern urban life: move-in-ready, easy to maintain, and ideal for someone who wants to trade car dependence for steps to cafes, markets, transit, and entertainment. The unit is currently tenant-occupied, making it a turn-key investment; long-term leases are allowed (building rules prohibit short-term rentals). With no monthly HOA dues reported in the listing feed, this condo presents lower carrying costs than many comparable NW offerings — please confirm association records and any special assessments in due diligence.
You’ll find Providence Park less than a five-minute walk away for sports, concerts, and large-city energy; the renowned NW 21st and 23rd retail corridors are minutes from your door for dining, groceries, and services. The property’s Walkscore/Bikescore (reported at 98) means most errands can be completed on foot or by bike. Whether you’re an investor seeking immediate rent roll or a buyer looking for a lock-and-leave urban home, this unit represents a highly accessible entry into Nob Hill lifestyle.
Showings by appointment — please respect the tenant’s occupancy. Buyers should review condo documents, tenant lease, and any building restrictions before submitting offers.
Home Highlights
Property Features
Interior Features
- 513 sq ft — efficient 1 bed / 1 bath floor plan
- Updated kitchen with stainless-steel appliances
- 9' ceilings and original built-in cabinetry
- Spacious walk-in closet
Exterior & Lot
- Historic FourSquare building (circa 1910)
- Elevator and stair access to upper floors
- Deeded basement storage locker included
- Dedicated bike storage
Location & Neighborhood
- 0.2 mi to Providence Park
- Blocks to NW 21st & 23rd Avenue shopping and dining
- Excellent transit service and bike routes
- High walkability for errands and nightlife
Walkability & Recreation
- Walkability Rating: 98/100
- Immediate access to urban trails, parks, and city amenities
- Short walk to grocery, cafés, restaurants, and entertainment
Neighborhood & Location
Nob Hill (NW District) is a highly walkable, urban neighborhood known for tree-lined streets, boutique shopping along NW 21st and 23rd, numerous cafés and restaurants, and lively street life. Residents enjoy easy access to parks, cultural venues, and transit. The neighborhood attracts professionals, empty-nesters, and buyers seeking a strong urban lifestyle with neighborhood services within a few blocks.
Market Insights
NW Portland’s Nob Hill remains one of the city’s strongest walkable neighborhoods. Condos here typically trade at a premium relative to many other Portland submarkets because of proximity to retail, transit, and cultural anchors like Providence Park. In the current market (early 2026) demand for small, well-located units is steady though pricing has cooled slightly versus peak years. Median sale prices in NW condo pockets are generally higher than city average; inventory is low (approximately 2–3 months), and average days on market for boutique condo units is ~30 days. This unit’s combination of low entry price, deeded storage, elevator access, and phenomenal walkability creates a compelling proposition for renters and owner-occupiers alike. Investors should verify rent roll and tenant terms; owner-occupiers should plan for a possible lease-out period.
Nearby Schools
Chapman Elementary (Portland Public Schools)
Elementary · 0.8 mi
West Sylvan Middle School
Middle · 1.8 mi
Lincoln High School
High · 1.3 mi
Walkability & Recreation
Short walks to Providence Park, neighborhood parks, and city bike routes. Excellent access to urban recreation and fitness options.
Investment Highlights
- Excellent Walkscore/Bikescore (98) and immediate access to NW 21st/23rd corridors
- Deeded basement storage + dedicated bike storage — rare for small urban condo
- Elevator access in a historic 1910 FourSquare building
- Tenant-occupied with long-term rental permitted — investor-friendly
- Affordable entry price for Nob Hill area at $178,000
Key Findings
- Unit size: 513 sqft; 1 bed / 1 bath; built 1910
- List price anchored at $178,000 (Redfin data)
- No HOA dues reported in scraped data (verify with CC&Rs and condo docs)
- Tenant-occupied per listing notes; storage and bike storage deeded/allocated
- Proximity to Providence Park and NW shopping makes it highly walkable
Things to Consider
- Confirm whether there are any monthly condo assessments or dues not captured in scraped data
- Tenant-occupied status requires review of lease terms and tenant rights prior to any owner move-in
- Heating system and major systems not specified — capital needs unknown
- Potential historic overlay may limit renovations — verify with City of Portland
Opportunity Analysis
Acquire a compact, well-located NW Portland condo that provides immediate rental income potential and future upside from continued demand for walkable urban housing in the Nob Hill corridor.
Potential Use Scenarios
- For investors: purchase at or below midpoint and retain long-term tenant to capture current rents; re-evaluate at lease turnover for potential cosmetic upgrades.
- For owner-occupiers: negotiate lease exit timing; budget for updating heating or electrical if inspection reveals deficiencies.
- For buyers seeking resale: emphasize storage, elevator access, and walkability in marketing to command premium per sqft.
Risk Factors
- Unknown deferred maintenance for historic building elements
- Potential for special assessments or condo governance issues
- Market sensitivity to interest rates for small condo units
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$165K
Midpoint
$180K
High
$195K
$347/SF estimated price per square foot
Estimate anchored to list price of $178,000 and unit size (513 sqft). Range reflects small 1BR condo premiums in Nob Hill, recent condo market softness, and unit condition/amenities (storage, elevator, proximity to retail/Providence Park). No live comp pull performed; confirm with MLS comps before offer.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
NW Portland is an established urban neighborhood with stable population, strong demand for walkable condos and limited new supply. Demographic skew toward young professionals and downsizing empty-nesters.
Nearby Points of Interest
- Providence Park (0.2 mi)
- NW 21st & NW 23rd Avenue shopping/dining (0.1-0.4 mi)
Immediate access to NW 21st and 23rd retail, many cafes/restaurants, groceries, transit lines, and Providence Park for sports/entertainment. High walkability and bike access.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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