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Home + Sea Realty
3 Beds2.5 Baths1,493 sqft

245 SW Meade St M2, Portland

$515,000

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ActiveMLS®: 158006293Listing held by another brokerage, marked RMLS
Price per sqft
$344.94
Built in
2005
Property size
1,493 sqft
Property type
Residential
Days on market
1

Overview

Award-Winning Architecture in Historic Lair Hill - Experience the intersection of incredible design, contemporary living, and neighborhood character at The Lair - an award winning condominium community in an established urban neighborhood. Designed by architect Rick Potestio and built by Don Tankersley Construction, this distinctive collection of residences has earned both an AIA Merit Award and an Urban Land Institute Award for its architectural achievement. Natural wood siding, architectural concrete, and expansive windows give the building a striking yet grounded presence, while its intimate scale and shared courtyard foster a sense of community. One of the largest floor plans available, this 3 bedroom, 2.5 bath townhouse-style condo offers approximately 1,493 sq.ft. of thoughtfully arranged living space. High ceilings, wood floors, and a gas fireplace bring warmth and character to the living spaces. The dining and living areas offer a comfortable setting for everyday life and gathering, while the homes layout creates separation between shared spaces and private retreats. Upstairs, the primary bedroom and an additional bedroom offer flexibility for guests, work, or additional living needs. The Lair’s appeal extends beyond its interiors. Set in historic Lair Hill, the community offers a neighborhood feel while remaining close to parks, the Willamette River, and downtown Portland. South Waterfront cafes+restaurants, OHSU and the Tilikum Crossing pedestrian bridge are all within convenient reach. An attached one-car garage adds everyday practicality. Don't miss this opportunity to enjoy award-winning architecture, an intimate community setting, and the enduring character of one of Portland’s most historic neighborhoods.

Details

Interior

Interior features
Garage Door Opener, Granite, High Ceilings, Laundry, Skylight, Tile Floor, Wall to Wall Carpet, Washer / Dryer, Wood Floors
Appliances
Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Granite, Microwave, Pantry, Stainless Steel Appliance
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows

Exterior and lot

Lot features
Trees
Architectural style
Contemporary
Roof
Metal
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway, On Street
Total parking
1

Schools

High school
Lincoln
Middle school
West Sylvan
Elementary school
Ainsworth

Location

City
Portland
County
Multnomah
Zoning
RM2
Subdivision
LAIR HILL

Taxes and dues

Annual taxes
$9,144 (2025)
HOA dues
$825 / month

Location

245 SW Meade St M2, Portland, OR 97201

Map showing the location of 245 SW Meade St M2, Portland, OR 97201
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,328 /mo

20% · $103,000
7.00%
Principal and interest
$2,741
Property tax (2025)
$762
HOA dues
$825
Total
$4,328

Estimate only, and not an offer of credit. Assumes 20% down ($103,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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