A preserved midcentury house in Portland’s Southwest Hills, described as a time capsule with endless potential, sold Sept. 19 for $1,125,000. “The scale, views, virtually untouched yet beautifully maintained midcentury details and flat lot appealed to prospective buyers,” added Laurick of Windermere Realty Trust, who represented the seller. The two-level dwelling, built in 1951 for steel company scion Robert Mercer, has telltale midcentury modern features including floor-to-ceiling glass walls and wood paneling. The family-owned Mercer Steel company, later called Mercer Industries, was founded by H.D. Before the manufacturing operation closed in 2014, the company specializing in steel rebar for reinforced concrete construction, concrete accessories and steel windows for commercial and residential customers.