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    13145 SE Division St Portland, OR 97236

    For Sale
    $3,750,000

    MULTI_FAMILY - Portland, OR

    Property size:
    27,842 SF
    Lot size:
    1.49 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 13145 SE Division St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2a
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    5
    APN
    R144042
    Size
    27,842 SF
    Lot size
    1.49 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1972
    Floors in Building
    2
    Number of units
    29
    Roof type
    Composition

    John L. Scott (503) 230-8600 [email protected]

    Listing agent Doug Landers (503) 230-8600

    Listing date Sep 29, 2025

    MLS# 229614287 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Multifamily Investment Opportunity

    The Camelia Townhouse Apartments, constructed in 1972, comprises 29 units situated within 6 buildings, spread across 1.49 acres. This fully occupied complex features townhomes that have been updated over time with new kitchen cabinets, flooring, and newer vinyl windows in most apartments. Each of the 6 buildings received new roofs in 2019. Every apartment is equipped with its own washer and dryer and has a separate electrical meter. The complex consists of 25 two-bedroom, one-and-a-half-bath apartments, each measuring 930 square feet, and 4 three-bedroom, one-and-a-half-bath apartments, each measuring 1148 square feet. Each townhome includes a dedicated parking space, with an additional 20 overflow spaces available. The property is located on a bus line and is in close proximity to multiple parks, local services, shopping, and restaurants. The complex is zoned R2a and the property size is 27842 square feet. The property is located in Portland, Oregon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.527698
    Latitude
    45.504869

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    FAQs

    What type of property is this?
    Apartment building - 29-unit apartment complex with value-add potential in Portland, Oregon.
    Where is this apartment building located?
    The property is located at 13145 SE Division St Portland, OR.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Priced under $130K per unit.; - Fully rented complex with below market rents offering top line growth opportunity.; - Each unit has its own Washer & Dryer and separate electrical meter.
    (503) 230-8600
    Request Owner's contact information
    13145 SE Division St Portland, OR 97236
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    Portland, OR 97236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13145 SE Division St Portland, OR 97236
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