Priced at an amazing $139,900, this stylish studio unit offers a rare opportunity for affordable ownership in one of Portland's most coveted and walkable neighborhoods, the Alphabet District. This area is renowned for its historic preservation, tree-lined streets, and an unparalleled mix of trendy shops, vibrant galleries, sophisticated dining, and cozy cafes along NW 21st and NW 23rd Avenues. Enjoy the convenience of walking distance to Providence Park, groceries (Fred Meyers and Whole Foods), pubs, coffee shops, and excellent public transit options, making it perfect for an effortless urban lifestyle or a fun, long-term rental investment.The unit is nestled within the charming, historic Tudor Arms, a secure building designed by notable architect Carl Linde and inspired by the English Renaissance Jacobethan style. The structure features ornamental white glazed terra cotta quoins and moldings, with an archway marking the entrance into a beautifully landscaped courtyard. Inside, the lobby retains an old-world charm with beautiful mahogany wainscoting, marble flooring, and a coffered ceiling. Building amenities include a laundry facility, secured storage, and bike storage on the first floor. HOA dues include all utilities except electricity, and the community is pet-friendly with no rental cap.Once inside the studio, you'll be greeted by elegant hardwood floors and fresh interior paint. This unit is uniquely situated on the 5th and top level, ensuring no upstairs neighbors and maximizing peace and quiet. The space is defined by high ceilings and a huge window that floods the unit with lots of natural light. The classic kitchen is updated with granite counters, a built-in dishwasher, and a free-standing range and refrigerator. The updated bathroom features a full bath with a soaker tub. Storage is maximized with a good size walk-in closet and a secondary storage closet.Don't miss this opportunity to secure your place in the heart of NW Portland!