Ron feels that you should get the most help possible with your next move. That’s why he is offering these free reports, each packed with valuable advice and information....
Click for more information
The Lloyd area is on the East bank of the Willamette River across from Old Town and the Pearl District. Its central location and its quick access to downtown make this a desirable area as both a place to do business and a place to live. Here, you will find a mix of financial, retail, hotels, condos and single-family homes. There are a few mid-sized corporate towers, one of which is the area HQ for Kaiser. Others are filled with businesses like title 
companies, banks, insurance companies and even the Regional Multiple Listing Service for real estate. The two biggest anchors in this area are the Lloyd Center Mall and the Rose Garden, which is our big concert hall/sports venue. The Rose Garden is where our NBA team, the Trailblazers, and our ice hockey team, the Winterhawks, play. The Lloyd Center Mall is exactly what it sounds like. This 3-
story mall features a large indoor ice rink (where Tanya Harding first learned to skate) and retail magnates, Macy’s, Nordstrom’s and Sears. Broadway and Weidler streets are full of eateries and stand alone shops. Bright spots include the Cadillac Café (Broadway and 18th) 
and Milo’s at 14th (I recommend their Eggs Benedict). I also like the Italian restaurant Pastini (at 15th), which is a local chain with 4 locations in Portland. In addition to restaurants and the usual filler of boutiques and coffee shops, the Lloyd area is home to the Lloyd Athletic Club, which has several racquet ball and hand ball courts. Public transportation in this area is excellent. Access to Portland’s light rail plus several bus lines make getting downtown a snap. There are two bridges between Lloyd and the other side of the river, and one of them (the Steel Bridge) is the only downtown bridge that doesn’t rise to stop car traffic when ships come in. Downtown’s “fare-less square” extends into parts of the Lloyd area. That means that depending on where you get on the bus or train, you can ride downtown for free!
What to Expect in Property:
Condo styles and prices in this area are all over the board. There are a lot of condo conversions in the Irvington 
residential area and also east of about 21st AVE. You can find everything from grand looking 1920’s conversions with character and charm to 2-story 1950’s conversions with hardwood floors and clean lines. This area also features some of the close-in eastside’s largest condo complexes like (one of my favorite buildings) The Fontaine (located at Multnomah ST and 17th AVE). There are also quite a few forward-thinking mid-sized condo and townhouse complexes
, many of which incorporate green construction elements like solar panels and recycled building materials. The single-family homes in this area are mostly craftsmans, Victorians and Tudors that tend to be a bit grand in stature and presentation. Don’t be surprised to see mansion-sized houses that sell in the 1 -2 million dollar range in Irvington.
Pricing:
For both newer condos and condo conversions, expect to find prices somewhere between $250 - $350 per square foot, depending on location, street noise, interior finishes, and the age of the building. The average sale price for these condos is about $240,000 with the highest priced condos going for a little over $500,000 and the least expensive condos (think 450 sqft. studio) going for $129,000. Single-family homes in the same area go for an average of $533,000!
