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305 S Montgomery St Unit 508/507

Portland, OR 97201

3 beds
3 baths
2,720 sqft
$441 per sqft
1986 build
– on site

**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!

Listing courtesy of RMLS / Soldera Properties, Inc

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# 334639731 —

The Building

Year Built:

1986
New Construction:

false
Architectural Style:

Stories1
Roof:

Composition
Stories:

1
Basement:

None
Exterior Description:

T111Siding
Exterior Features:

Deck
Window Features:

DoublePaneWindows
Security Features:

Entry
Accessibility:

true
Accessibility Features:

MainFloorBedroomBath, OneLevel, WalkinShower
Condominium Unit Level:

5
Condominium Floor Plan:

OneLevel
Condominium Deck Area:

437
Condominium Deck Dimensions:

6X11,20X10,6X14,5X13
Condominium Elevator:

true
Condominium Storage Unit No:

28, 44, 40
Stories Total:

5
Unit Location:

UpperFloor
Unit Number:

508/507
Floor Number:

5
Building Area Description:

Floorplan
Building Area Total:

2720.0
Building Area Calculated:

2720

Interior

Interior Features:

CeilingFan, HighCeilings, Laundry, MurphyBed, Skylight, SoundSystem, VaultedCeiling, WalltoWallCarpet, WasherDryer, WoodFloors
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

WoodBurning

Room Dimensions

Main Level Area Total:

2720

Financial & Terms

Bank Owned:

false
Land Lease:

false
Short Sale:

false
Home Warranty:

false

Location

Directions:

S Montgomery, River Drive
Latitude:

45.509595
Longitude:

-122.673743

The Property

Parcel Number:

R256554
Parcel Number 2:

R256553
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Resale
View:

true
View Description:

River
Farm:

false
Property Attached:

false
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

RIVERPLACE CONDOMINIUM NO 1, BLDG F LOT 508
Tax Annual Amount:

9105.25
Condominium Parking Tax:

344.00
Condominium Parking Tax 2:

344.00

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Full Baths:

2
Partial Baths:

1
Total Baths:

2.1
Total Baths Main Level:

2.1
Full Baths Main Level:

2
Partial Baths Main Level:

1

The Listing

Virtual Tour URL Unbranded:

https://view.ricoh360.com/9b5d1b15-aa6b-4133-aaf8-d43ed3e30566

Heating & Cooling

Heating:

ForcedAir
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Sewer:

PublicSewer
Hot Water Description:

Electricity
Water Source:

PublicWater
Fuel Description:

Electricity
Internet Service Type:

Cable

Appliances

Appliances:

ApplianceGarage, BuiltinRefrigerator, Dishwasher, FreeStandingRange, Pantry, RangeHood, Tile
Condominium Washer Dryer:

IncludedInUnit

Schools

Elementary School:

Ainsworth
Middle Or Junior School:

West Sylvan
High School:

Lincoln

The Community

Subdivision Name:

RIVERPLACE CONDOMINIUMS
Senior Community:

false
Association Amenities:

Commons, ExteriorMaintenance, Insurance, MaintenanceGrounds, Management
Condominium Concierge:

false
Association Fee:

2926.0
Association Fee Frequency:

Monthly
Condominium Units In Complex:

190

Parking

Attached Garage:

true
Garage Type:

Attached
Garage Spaces:

1.0
Condominium Garage Type:

Deeded
Parking Total:

1.0
Parking Features:

Deeded, OnStreet

Monthly cost estimate

Asking price

$1,200,000

Expense	Monthly cost
Mortgage	$6,425
Taxes	$758
Insurance	$330
HOA fees	$2,926
Utilities	$153 See report
Total	$10,592/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/11/25 Jul 11, 2025	Listed / Active	RMLS	$1,200,000

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This condo located in Northwest Portland, Portland, OR 97201 is currently for sale for $1,200,000. 305 S Montgomery St Unit 508/507 is a 2,720 square foot condo with 3 beds and 3 baths that has been on Estately for 1 days. 305 S Montgomery St Unit 508/507 is in the Northwest Portland neighborhood of Portland and has a WalkScore® of 87, making it very walkable. This condo is in the attendance area of Lincoln High School, Ainsworth Elementary School, and West Middle Sylvan Middle School.

Listing Courtesy of: RMLS and Soldera Properties, Inc.

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 Estately are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content © 2025 RMLS™, Portland, Oregon.

This content last updated on 07/11/2025 15:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.