South waterfront condos for sale | Events

PORTLAND, Ore. - Happening today, dozens of luxury condos along Portland's south waterfront will be going, going, gone.

The lender controlling the "John Ross" building will offer 50 of the condos at "greatly reduced prices."

Penthouses start at minimum bids of just less than $300,000. That's down from as much as $1.2 million.

Minimum bids for some studio apartments are at $110,000.

The auction starts at 1 p.m. Sunday afternoon at the Hilton Portland and Executive Tower, 921 S.W. 6th Ave. in downtown.

Related links:

• South waterfront loses affordable housing
• More Portland City Center news
• Go to KATU.com