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$1,200,000

305 S Montgomery St Unit 508/507 Portland, OR 97201

3 beds
2 full
2,720 sqft
$441 / sqft
Condo

Property details

About 305 S Montgomery St Unit 508/507

**Unique Riverfront Penthouse at RiverPlace – A Rare Find!**Welcome to this exceptional riverfront penthouse at RiverPlace, a true gem where contemporary elegance meets breathtaking views. Originally two separate condos, this unique unit has been thoughtfully combined into one expansive living space, now spanning approximately 2,700 sq ft. Featuring three spacious bedrooms and 2.5 baths, there's even potential to convert the half bath back into a full bathroom by adding a shower. The third bedroom serves a dual purpose as a den or guest room, complete with a custom built-in wall bed, ideal for accommodating visitors or creating a cozy workspace.As you enter, you'll be captivated by the impressive vaulted ceilings and the abundance of natural light pouring in through the skylights. The great room showcases striking mid-century wood paneling, adding character and warmth to the space. Gather around the stunning river rock wood-burning fireplace during cooler evenings, or take advantage of the four expansive decks, each offering incredible river or partial river views for your enjoyment.This penthouse is designed with convenience in mind, boasting an abundance of storage options throughout, complemented by four separate storage units within the building. Parking is a breeze with four designated spaces—two side by side by the entrance and one tandem space—ensuring you and your guests will always have a spot.Modern amenities enhance the living experience, including surround sound throughout the condo, huge walk-in closets for ample storage, and a wet bar in the second family room, perfect for entertaining friends and family. This unit is truly a unicorn in the Portland real estate market, offering an unmatched lifestyle on the banks of the Willamette River. Don’t miss your chance to make this extraordinary penthouse your new home—schedule a showing today!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,720 sqft
Year built1986
ParkingDeeded Parking, Street Parking
MLS #334639731
Attached garage1 space
FireplaceWood Burning
ViewRiver

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Range Hood
  • Basement: No
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s), High Ceilings, Laundry, Skylight, Sound System, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Deeded Parking, Street Parking
  • View: River
  • Exterior: Deck
  • Architectural Style: 1 Story
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $1,200,000
  • Price/SqFt: $441
  • HOA Amount: $2926 Monthly
  • Directions: S Montgomery, River Drive
  • Year Built: 1986
  • Stories: 1
  • Living Area: 2,720 SqFt
  • MLS Number: 334639731
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Soldera Properties, Inc
  • Office Phone: (503) 334-1515
  • Listing Agent: Michael Maloney

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 1:28:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Emerson School

Public Charter KG-5

1.0 mi

105 NW Park Ave

10

Abernethy Elementary School

Public District KG-5

1.1 mi

2421 SE Orange Ave

9

Ainsworth Elementary School

Public District KG-5

1.3 mi

2425 SW Vista Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $102,439. Residents of Portland, OR typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

9%
<35k
40%
35k-100k
28%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
1%
Single, with Kids
24%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
37%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • MercedesMercedes
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 305 S Montgomery St Unit 508/507

The listing price of 305 S Montgomery St Unit 508/507 property is $1,200,000.

The property 305 S Montgomery St Unit 508/507 is a condo located in Portland, Oregon, 97201.

Active Listing: 305 S Montgomery St Unit 508/507 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 305 S Montgomery St Unit 508/507 are: Emerson School (GreatSchools Rating 7/10), Abernethy Elementary School (GreatSchools Rating 10/10), Ainsworth Elementary School (GreatSchools Rating 9/10), The Cottonwood School of Civics and Science (GreatSchools Rating 9/10), Winterhaven School (GreatSchools Rating 9/10), Le Monde French Immersion Public Charter School (GreatSchools Rating 8/10), Lincoln High School (GreatSchools Rating 7/10), Metropolitan Learning Center (GreatSchools Rating 7/10), Benson Polytechnic High School (GreatSchools Rating 9/10).

The property at 305 S Montgomery St Unit 508/507 has 3 bedrooms and 3 bathrooms.

The property 305 S Montgomery St Unit 508/507 is 2,720 SqFt (source: MLS/tax record).

The year of construction for 305 S Montgomery St Unit 508/507 is 1986.

This home is located at 305 S Montgomery St Unit 508/507 in Portland, OR and zip code 97201 in the Portland Downtown neighborhood. This 2,720 square foot home was built in 1986. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $1,200,000.

Portland, OR housing market in June 2025 saw over 355 listings sold above listed price, more than 190 sold at listed price and over 352 sold below. The number of listings in Portland, OR increased by 4.6% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $551,126 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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