
The Ritz-Carlton Residences, Portland
550 SW 10th Ave, Portland, OR 97205
Downtown Portland
- Active Now
- 17
- Avg Price
- $1.3M
- $/SF
- $756
- HOA/Mo
- $2,160
- Walk Score
- 100
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Live listings, value-rated buildings, and market data for Portland condos.
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Buyer Leverage
These market-wide figures come from the 1,702-listing RMLS analysis described below. Red-rated stock averaged $6,552 more per year in HOA dues than green-rated stock.
Building Guide
Review live listings, prices, HOA costs, and relative value before you tour.
Market Data
Based on 1,702 Multnomah County condo MLS listings (sales, pending, and active) from the last 6 months through June 2026.
Analysis Period
383 of 682 sold units closed below list price — only 109 sold above.
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Active condos in Portland city limits only. Drag or zoom to refresh the map, then save this search to get alerts when new matches hit the market.
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By Neighborhood
97209 (Pearl District) led sold volume with 112 closings. 97205 (Downtown/PSU) leads on average sold price but has a thinner market.
Downtown / PSU
43 sold in dataset
NW Portland / Alphabet
31 sold in dataset
NE Portland / Irvington
12 sold in dataset
South Waterfront / Lair Hill
39 sold in dataset
Pearl District
112 sold in dataset
SE Portland / Sellwood
20 sold in dataset
Market Breakdown
In this dataset, green-rated buildings average $302/mo in HOA costs versus $848/mo for red-rated buildings, a $546 monthly difference before any special assessments.
17 units carry active balances averaging $29K. Always request the HOA reserve study and meeting minutes before making an offer; the color rating does not establish reserve funding.
Zip 97209 led sold volume with 112 closings in this dataset. It’s also among the more permissive areas for rentals relative to the rest of the city.
Only 8% of units with a known policy allow STR. Buyers looking to Airbnb should filter specifically for this. It’s a small subset concentrated in a few buildings.
The average sold unit sat for 106 days, and 56% of sales closed below list. Patience and lower offers are well-supported by the data.
South Waterfront inventory includes newer high-rises, river views, and mid-to-upper-tier pricing. Compare each building’s HOA costs and assessment flags rather than treating the neighborhood as one value tier.
Quintet and American Plaza both have annual HOA costs approaching or exceeding 5% of unit value in this dataset. Compare included services and current budgets before deciding whether the monthly cost fits.
FAQ
Quick answers on HOA docs, ratings, special assessments, and negotiation — grounded in this guide's MLS analysis.
Request the reserve study, current budget, recent meeting minutes, and any pending special assessment notices. The guide rating compares relative value and carrying costs; assessment and litigation flags are shown separately.
In this analysis, 17 units carried active special assessment balances averaging about $29K. Always ask for current assessment status on the specific building; the color rating does not establish reserve funding.
The rating compares HOA-to-price, tax-to-price, price per square foot, and days on market across Portland buildings. Green means better relative value, yellow means review cost flags, and red means a higher cost burden; it does not grade reserve funding.
Usually not. Only about 8% of units with a known policy allow short-term rentals. Filter specifically for STR-allowed buildings if that is a requirement.
Yes. Median days on market was 67 in this dataset, average sold DOM was 106, and most closed sales finished below list. Patience and data-backed offers are well supported.
Zip 97209 (Pearl District) led sold volume with 112 closings in this dataset. Downtown/PSU (97205) leads on average sold price but has thinner volume.
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SW Portland / Multnomah
22 sold in dataset
| Zip Code | Area | Avg Sold Price | Sales Volume |
|---|---|---|---|
| 97205 | Downtown / PSU | $794,179 | 43 |
| 97210 | NW Portland / Alphabet | $533,587 | 31 |
| 97212 | NE Portland / Irvington | $496,983 | 12 |
| 97239 | South Waterfront / Lair Hill | $471,994 | 39 |
| 97209 | Pearl District | $466,617 | 112 |
| 97202 | SE Portland / Sellwood | $465,495 | 20 |
| 97219 | SW Portland / Multnomah | $447,674 | 22 |
Just Listed
Latest active condos in Portland city limits.
2 beds · 1 bath1,034 SQFT
2 beds · 2 baths1,504 SQFT
1 bed · 1 bath1,025 SQFT
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Live Measures
RMLS · As Of August 31, 2026