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Location


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Downtown


In the heart of Portland is a vibrant and culturally rich downtown district located on the west bank of the Willamette River. The area was originally referred to as “The Clearing,” because it served as a resting place for traders traveling along the river. In 1845, businessmen Amos Lovejoy and Francis Pettygrove purchased the land and began establishing an industrious city. Portland prospered from its proximity to rivers and railroads and became a major transportation center for the west coast. Success continued throughout World War II and subsequent decades as the shipbuilding, lumber and agricultural industries expanded.

 

VIBE AND STYLE

Downtown is an exciting neighborhood with cosmopolitan appeal. Driven by independently owned businesses and venture-savvy entrepreneurs, it thrives on a sustaining economy. Residents enjoy a fast-paced lifestyle full of social connections and city attractions. Young professionals, students and urban hipsters are attracted to the area for its central location and access to quality public transportation. Surrounding communities include Old Town and Goose Hollow.

Area homes reflect both Portland’s historic past and modern revitalization. New construction condos are available with a variety of floor plans, contemporary design and amazing city views. Traditional apartment and loft-style condos are also obtainable in more established buildings with modern amenities and upgrades. No matter the style, homebuyers are sure to find a home that meets their needs. 

 

LOCAL SCENE

Downtown has an energetic environment with an abundance of activities and places to explore. Choose from an array of independent retailers, shopping destinations, restaurants, bars, nightclubs and attractions, all located within walking distance. A night in the city wouldn’t be complete without catching a performance at the Portland Center for the Performing Arts. Located in five different venues, the PCPA offers over 900 performances a year including concerts, ballets, lectures, Broadway shows and stand-up comedy. 

 

OUTDOOR SANCTUARY

Urban downtown is abundant with parks and plazas that enhance Portland’s unique cityscape. Tom McCall Waterfront Park boasts acres of promenades and open green spaces along the Willamette River where locals stroll, run and bike. The Park Blocks include massive trees, open courtyards, and walking paths allowing residents to unwind in a bustling city center.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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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 Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.

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