2221 1st Ave
Portland, OR 97201
1 bd 1 ba 1,038 sqft Built 1973 condos
Most recent sale
$305,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $305,000 | MLS #22125014 |
| Apr 23, 2022 | Listed | $289,000 | MLS #22125014 |
| Apr 30, 2019 | Sold | $320,000 | MLS #19594775 |
| Jan 28, 2019 | Listed | $330,000 | MLS #19594775 |
| Oct 31, 2006 | Sold | $275,000 | MLS #6071614 |
| Aug 16, 2006 | Listed | $275,000 | MLS #6071614 |
| Nov 21, 2005 | Sold | $225,000 | MLS #5078081 |
| Oct 17, 2005 | Listed | $225,000 | MLS #5078081 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $212,260 | $4,742 |
| 2024 | — | — | $212,260 | $5,451 |
| 2023 | — | — | $200,080 | $5,030 |
| 2022 | — | — | $194,260 | $4,862 |
| 2021 | — | — | $188,610 | $4,889 |
| 2020 | — | — | $183,120 | $4,673 |
| 2019 | — | — | $177,790 | $4,501 |
| 2018 | — | — | $172,620 | $4,369 |
| 2017 | — | — | $167,600 | $4,188 |
| 2016 | — | — | $162,720 | $3,832 |
| 2015 | — | — | $157,990 | $3,732 |
| 2014 | — | — | $153,390 | $3,675 |
| 2013 | — | — | $148,930 | $3,478 |
| 2012 | — | — | $144,600 | $3,136 |
| 2011 | — | — | $140,390 | $3,125 |
| 2010 | — | — | $136,310 | $2,961 |
| 2009 | — | — | $132,340 | $2,883 |
| 2008 | — | — | $128,490 | $2,721 |
| 2007 | — | — | $124,750 | $2,716 |
Property facts
Year built
1973
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
1,038 sqft
Lot size
—
ZIP code
97201
City
Portland
Street
1st Ave
Coordinates
45.50686, -122.67900
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,076
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value
—
Frequently asked questions
When did 2221 1st Ave last sell?
2221 1st Ave most recently sold on May 27, 2022 for $305,000.
What is the current tax assessment for 2221 1st Ave?
The most recent total assessment for 2221 1st Ave (year 2025) is $212,260 with $4,742 in property tax.
How does 2221 1st Ave's assessment compare to its last sale price?
The current assessment is 30.4% below the last sale price of $305,000.
When was 2221 1st Ave built?
2221 1st Ave was built in 1973.
How does 2221 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 2221 1st Ave?
2221 1st Ave is a 1 bed, 1 bath, 1,038 sqft condos.
Is 2221 1st Ave a flip candidate?
No — 2221 1st Ave does not appear in our flips dataset.
Is 2221 1st Ave a tax-appeal candidate?
No — 2221 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$937.5K
2026 Q4
$937.5K
ZIP 97201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave