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Madison Tower

Madison Tower

Madison Tower
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

2309 SW 1st Ave
Portland, OR 97201
104 Units
26 Stories
1973 Year Built
$322K - $884K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Concierge
  • Ainsworth Elementary School Rated A-
  • Fitness Center
  • Elevator
  • Indoor Pool
  • 1 min walk to Portland Center City Park

High-rise living in the heart of downtown Portland

Madison Tower, a 26-story condominium building, stands prominently in downtown Portland. Completed in 1973, this high-rise features 104 units and offers a straightforward, functional design with balconies on each floor. Located along the scenic shores of the Willamette River, Madison Tower provides residents with breathtaking views of Mt. Hood, Mt. St. Helens, and the West Hills. The building's prime location offers convenient access to the Waterfront, the Downtown Cultural District, and Portland State University.

Spacious units with modern amenities and stunning views

Madison Tower offers a variety of floor plans, ranging from 1-bedroom to 3-bedroom layouts. The smallest units, with 1 bedroom and 1 bathroom, span 1,242 square feet, while the largest units, featuring 3 bedrooms and 4 bathrooms, cover up to 2,661 square feet. One-bedroom units, ranging from 1,242 to 1,797 square feet, often include features such as large covered balconies, electric fireplaces, and remodeled kitchens with custom cabinets and quartz countertops. Two-bedroom units, sized between 1,254 and 2,062 square feet, typically offer 2 bathrooms, spacious living areas, and primary suites with walk-in closets and ensuite bathrooms. These units are priced from $325,000 to $499,500. The three-bedroom units, ranging from 2,049 to 2,661 square feet, boast 2 to 4 bathrooms, expansive living spaces, and multiple balconies. These units are priced from $418,300 to $1,075,000. Many units feature high-end appliances, including Sub-Zero refrigerators, Wolf cooktops, and Asko dishwashers, as well as elegant fixtures like gas fireplaces and heated tile floors.

Comprehensive amenities for a comfortable lifestyle

Madison Tower offers a wide range of amenities designed to enhance residents' comfort and convenience. The building features an indoor saltwater pool, a jacuzzi, and three saunas, providing ample opportunities for relaxation. Fitness enthusiasts can take advantage of the gym and weight room, as well as two exercise rooms. For social gatherings, there are two community rooms with kitchens, outdoor patios, and an outdoor common deck. The building also includes an outdoor pool, a spa, and locker rooms. Residents benefit from secure access, 24-hour security, and a full-time concierge service. Additional business services include laundry facilities, a storage room, property management, and a security guard. With ample guest parking and 24/7 concierge service, Madison Tower ensures a seamless living experience.

Vibrant downtown Portland with cultural and recreational attractions

Madison Tower is situated in the bustling downtown Portland neighborhood, known for its trendy, eclectic, and walkable environment. The area attracts young professionals and students from Portland State University, offering a mix of high-end high-rises and affordable housing options. Residents can enjoy a variety of dining experiences, from budget-friendly brunch spots to fine dining at restaurants like Grassa and Higgin’s. Popular local spots include Case Study Coffee Roasters and Powell’s City of Books, the largest bookstore in the world. Cultural attractions such as the Arlene Schnitzer Concert Hall and Pioneer Courthouse Square provide entertainment and community events. The neighborhood also features several parks, including the South Park Blocks, Governor Tom McCall Waterfront Park, and the Halprin Park Sequence. With numerous shopping options like Pioneer Place and Lloyd Center, as well as grocery stores like Safeway and Whole Foods Market, downtown Portland offers a vibrant and convenient lifestyle.

Excellent transit options for easy commuting

Madison Tower is well-connected to various transportation options, making commuting and exploring the city convenient. The building is located near several bus stops, including University Place, SW Lincoln & 1st, and SW 1st & Madison Tower, with transit lines such as Downtown Express, Division, and Holgate/Broadway. The nearby SW 3rd & Harrison and PSU Urban Center/Sw 5th & Mill rail stations provide access to the Portland Streetcar, MAX Green Line, and MAX Yellow Line. The building's central location offers easy access to major roads and highways, and Portland International Airport is just a 25-minute drive away. With a high Walk Score, excellent Transit Score, and very bikeable environment, residents of Madison Tower can enjoy a variety of transportation options to suit their needs.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • River
  • City
  • Mountain

Recreation

  • Recreation Facilities
  • Fitness Center
  • Indoor Pool
  • Lap Pool
  • Community Pool
  • Community Spa

Outdoor Features

  • Courtyard
  • Community Deck or Porch
  • Common Area

Amenities

  • Concierge
  • Sauna
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space
  • Security Guard
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Off-Street Parking
  • Deeded Parking

Condo Association

  • $996 Monthly HOA Fees
  • Monthly HOA Fees Range from $745 - $1,445
  • Aptca Association, Phone Number (971) 888-4103
  • Cultural Arts District Subdivision
  • On-Site Maintenance

Building Design

  • Elevator
  • Fire Sprinkler System

Unit Features

  • Laundry Room
  • Washer and Dryer Hookup

Unit Information

Unit
844
Beds
2 Beds
2 Beds
3 Beds
3 Beds
Baths
2 Baths
2 Baths
2.5 Baths
2 Baths
Sq Ft
1,497
1,254
2,508
2,409
Price
$425,000
$310,000
$539,000
$1,025,000
Price / Sq Ft
$284 / Sq Ft
$247 / Sq Ft
$215 / Sq Ft
$425 / Sq Ft
List Date
03/25/2025
08/08/2024
03/18/2025
08/15/2024

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
1,242 - 1,797
Est. Values
$322,403 - $491,401
2 Bedroom Units
Sq Ft Range
1,254 - 2,062
Est. Values
$325,191 - $637,616
3 Bedroom Units
Sq Ft Range
2,049 - 2,661
Est. Values
$396,060 - $884,474
All Units
Sq Ft Range
1,242 - 2,661
Est. Values
$322,403 - $884,474

Map

Area Factors

High Crime

Crime Score®

7 / 10

Very Bikeable

Bike Score®

86 / 100

Walker's Paradise

Walk Score®

92 / 100

Excellent Transit

Transit Score®

88 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

63 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$210K - $897K
Range of Taxes in Building
$5,048 - $17,017
Range of Taxes per Sq Ft
$2.64 - $6.78

Property Tax History

Source: Public Records

Building Website

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.