1420 NW LOVEJOY ST #417, Portland, OR, 97209 · Pearl/Marshall Wells

Perched in the iconic Marshall Wells building, this light-filled studio lives large in the heart of the Pearl. Built in 1910 by the Marshall Wells Hardware Company and designed by noted architect Daniel Burnham, this National Register-listed warehouse was thoughtfully converted in the early 2000s into residential lofts that honor its unique heavy-timber structure and light-filled industrial design. High ceilings, exposed beams, columns and dramatic almost floor-to-ceiling windows define the space and flood the unit with natural light. #417 offers a smart, open layout with meaningful updates throughout. Recent improvements include new LVP flooring with sound-deadening underlayment (2022), a dedicated water branch shutoff (2023), new refrigerator (2023), new barely-used range and dishwasher (2024), new double-sink bathroom vanity (2024), and new ceiling fan (2025). West-facing windows capture glowing sunset views over the West Hills, while mature trees provide a welcome visual buffer from I-405 during the spring, summer, and fall. At the heart of the building is a 5,000 s.f. open-air courtyard, offering a welcoming place to gather with neighbors or enjoy a quiet moment outdoors. Plus, with a Walk Score of 98, Bike Score of 97, and Transit Score of 83, you're moments from some of Portland's best restaurants, cafés, shops, and grocery stores. Includes a full-size secure indoor deeded parking space. With an incredibly well-managed HOA and one of the Pearl's most storied buildings, this is a rare opportunity to own a true Portland classic that blends history, light, and livability.