JUST LISTED: Rare 2.5% assumable FHA loan + 1 year free HOA dues

$549,900

8229 N Edison St, Portland, OR 97203

Don't miss this unicorn townhome. To sweeten the deal even further, the seller is offering a $5,616 credit to cover your first full year of HOA dues with an accepted offer!

Perched just blocks from Cathedral Park, this stunning 4-story, 3-bed, 2.5-bath townhome delivers a rare financial opportunity alongside unobstructed, jaw-dropping views of the iconic St. Johns Bridge, Willamette River, and Forest Park.

Step inside to an expansive, light-filled main level featuring 10+ ft ceilings, hardwood floors, a gas fireplace, and a formal dining area. The gourmet kitchen boasts a central island and spacious pantry, opening seamlessly to a private deck — perfect for dining al fresco. The flexible floor plan provides dedicated space for everyone, including a private primary suite with en suite bath. Upstairs, vaulted ceilings crown two additional spacious bedrooms, each with walk-in closets.

For next-level entertaining, head to the third-story lounge with a private balcony showcasing spectacular panoramic river and bridge views. The oversized 748 sq ft tandem garage fits two cars with room to spare for a workshop, gym, or gear storage. A pre-built, fully framed elevator shaft offers bonus storage on every level now — and the option to add an elevator later. Total peace of mind comes standard with a full building envelope update (siding, windows, and roof) completed in 2021.

Walk to McMenamins Theater, StormBreaker and Occidental breweries, coffee shops, parks, and downtown St. Johns dining. Unparalleled views, modern comforts, a premier location, a 2.5% interest rate, and a year of free HOA dues.

3 beds | 2.5 baths | 2,160 sq. ft.