Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 303202102MLS ProviderContact Information: 503-709-4632

5277 N OBERLIN ST #1Portland, OR 97203

Condo · 2 Beds · 2 Full Baths · 1 Partial Bath · 1,001 Sq. ft.
$399,900 Active

5277 N OBERLIN ST #1 Overview

Time on Site:
87 days
Visits:
1

Welcome in'I'm a modern detached condo tucked into the heart of Portland's University Park neighborhood, originally designed and built by a renowned Street of Dreams builder known for thoughtful design, efficient use of space, and elevated finishes. Now lightly lived in, I offer a fresh, move-in ready feel with timeless appeal. Positioned as one of the most desirable homes in the community, my street-facing orientation and additional windows bring in exceptional natural light, creating a bright and open main level that feels both welcoming and functional. My great room layout seamlessly connects living, dining, and kitchen spaces'perfect for everyday living and entertaining. The kitchen features warm cabinetry, solid surface countertops, a full tile backsplash, stainless steel appliances, and a peninsula island with eat bar. A convenient half bath completes the main floor. Upstairs, both bedrooms showcase coffered ceilings for added character. The primary suite includes a private en-suite bath, while the secondary bedroom enjoys its own dedicated bathroom just outside the door. Laundry is thoughtfully placed between the bedrooms, and mini-split heating and cooling provide efficient, year-round comfort. Importantly, this is not an SDC waiver unit, meaning no income restrictions'a rare and valuable advantage within the community. Lease Option Available! Located just moments from the University of Portland, this home offers exceptional walkability to campus, parks, and neighborhood favorites like Cathedral Coffee and Chill N Fill. Whether you're looking for a primary residence or a strong rental opportunity, the location and flexibility make this an ideal investment'perfect timing to secure now and be ready for the upcoming school year. I'm ready to welcome you home.

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5277 N OBERLIN ST #1 Facts & Features

  • Type Condo
  • Sq. ft. 1,001
  • Price/Sq.ft. $400

Details

General

Association/HOA

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly

School Information

  • Elementary School: Astor
  • Middle Or Junior School: Astor
  • High School: Roosevelt

Building Information

  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: UNIVERSITY PARK

Tax Information

  • Tax Annual Amount: 5619.36
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,Lease Option,VA Loan
  • Parcel Number: R723825
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Zoning: R2.5

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1001.0

General Information

  • Accessibility Features: Natural Lighting
  • Appliances: Dishwasher,Disposal,Free-Standing Range,Microwave,Plumbed For Ice Maker,Solid Surface Countertop,Stainless Steel Appliance(s)
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Mini Split
  • Interior Features: High Ceilings,Hookup Available,Laundry
  • Security Features: Sidewalk
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows,Vinyl Frames

Unit Information

  • Unit Number: 1

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 2 Story,Detached Condo
  • Roof: Composition,Metal

General Information

  • Exterior Features: Porch,Public Road,Yard
  • Sewer: Public Sewer

5277 N OBERLIN ST #1 Neighborhood

Community

97203 (Portland) Demographics

32
Median Age
3,309
Population Density (per sq. mile)
52%
College Educated
$67,229
Estimated Median Income
7,360
Estimated Total Home Owners
5,445
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5277 N OBERLIN ST #1 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5277 N OBERLIN ST #1 Market Data

Based on the last 30 days in this zip code

$441,913
Average List Price
$309
Average Price per Square Foot
38
Properties Sold
92
Average Days on Market
137
Properties for Sale
Calculations provided by Reliance Network

5277 N OBERLIN ST #1 History

Date Event Value Agent
4/14/2026Source: Regional MLS Price Reduction
$399,900 -7.0%
4/3/2026Source: Regional MLS Added to Database
April 03, 2026
3/7/2024Source: Regional MLS Status Change
Sold
1/22/2024Source: Regional MLS Status Change
Pending
1/5/2024Source: Regional MLS Added to Database
January 05, 2024